What kind of time and money can I expect to save with paperless/electronic settlements?
There are tangible cost savings in utilizing this technology to free your staff from the countless hours of post closing followup required to correct signature errors and resign missing documents. Electronically signed documents are always correct and can’t be missed because every paperless document must be signed in order for the attorney to complete the closing. When paperless documents are signed and submitted electronically they automatically and instantaneously become part of a tamperproof digital loan package which always remains together and in the proper order. Paperless closing documents are immediately transmitted and stored electronically, eliminating the need to double check, proof, copy and ship.
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