The title and settlement industry has experienced significant changes and been forced to quickly implement practices that had previously been nothing more than distant plans. While these challenges have looked different for everyone, they’ve served as a catalyst for new opportunities and an unprecedented, industry-wide move to incorporate eClosing into the closing process.
eClosing, at its most basic, is electronic execution of closing documents. Beyond this, the boundaries of eClosings are blurry and not well-defined. eClosing can take several forms and look different from company to company and region to region due, in large part, to a strong dependence on available technology and state regulations.
Here’s a look at the variety of ways RamQuest customer can execute eClosings with seamless integrations to our RamQuest title production solutions:
Remote Online Notary (RON):
A fully electronic process integrating RamQuest’s production solution with your RON partner ensures an efficient transfer of information and secure document sharing.
Pavaso
Pavaso revolutionizes mortgage closings with its leading RON capability, allowing signers to eSign documents from anywhere using two-way audio-video technology. Integrated with RamQuest, Pavaso ensures seamless RON closings.
See Pavaso's technology for yourself:
Watch this video or download this overview to understand how you can close digitally and remotely with Pavaso's RON technology.
Remote Ink Notarization (RIN):
Integrates audio-video technology and remote notarization with wet-ink signatures to execute closing documents.
Pavaso
Integrated with RamQuest, Pavaso's Essential Notary complies with state mandates for secure, remote notarization. Watch our on-demand Pavaso webinar where we demonstrate the ease of using this solution:
Hybrid Approach:
Integrates eSigning for some or all documents up to the point of closing, where the remaining documents are signed with wet ink.
ready2close
RamQuest’s ready2close supports hybrid eClosings with eSignatures for non-notarized documents and provides important status updates. To learn more about ready2close, take a look at this overview.
Your operation’s long-term success depends on a foundation built on a fully integrated, flexible solution that enables eClosing for your company today and adapts with you as needs change, your company grows and regulations evolve. Let us show you how we can meet your eClosing needs, today and tomorrow: