Lender aims to cut closing times to just minutes with FlashClose
A new technology solution has been launched by Guaranteed Rate which it says will cut closing times to minutes.
FlashClose aims to achieve record-setting closing times with eligible borrowers able to electronically review, sign and notarize closing documents from their internet-connected devices—anytime, anywhere.
The solution has been launched through a partnership with Notarize which means Guaranteed Rate will be able to offer a complete end-to-end digital homebuying solution from home search to closing.
“Our vision is to empower anyone to walk into a home they love and buy it on their terms—even same day," said Adam Pase, Co-Founder and Chief Strategy Officer of Notarize. "Guaranteed Rate shares our passion for excellence and boasts a reputation as one of the most tech-forward lenders in the country. We’re excited to partner with Guaranteed Rate to be first to market with a fully digital real estate experience.”
Headquartered in Chicago, Guaranteed Rate has over 5,000 employees in more than 350 offices across the US and is licensed in all 50 states and Washington, D.C.
It was founded in 2000 and has become one of the country’s largest retail mortgage lenders with more than $25 billion in total funded loan volume this year.
