What are eSignings and eClosings and who would utilize these services?
eSignings are the use of the Internet for initial Real Estate Closings to save time and money on overnighting documents back and forth to ensure the rate gets locked in. eClosings are utlized for the final loan closings and are done through use of a software program. Both are done through protected and secured means. They get closings done faster; but all hard copy paperwork still has to be completed and adhered to, as a follow up. Title Companies, Mortgage Brokers, Bankers, Realtors, and Borrowers all have a need for eSigning and eClosing capabilities.
