Notarize Streamlines The Closing For Mortgage Professionals

digital notary

Notarize is a platform that legally executes remote online notarization. For the mortgage industry, this platform enables an online closing process by eliminating a major point of frustration: having to go see the Notary. Through any web-enabled desktop or laptop with a webcam, or via an iPhone, Android or iPad, Notarize’s service enables a face-to-face meeting with a Notary Public, just like meeting with a traditional Notary in-person, but the meeting takes place entirely online.  Notarize digitizes the entire closing process. Lenders can fully automate a completely paperless, online closing. Scaling to serve a national audience requires no hardware. Lenders create more closing transactions and make more API requests. Title companies can integrate seamlessly into the process, providing documents, giving the OK to close and tying Notarize directly into their own tools. Borrowers simply click to connect with a Notary signing agent whenever and from wherever they’d like. Everyone has full visibility into the process, reducing fraud, and immediately receives the documents and transaction record upon completion. It’s not just an eMortgage; it’s an entirely online closing process for all parties.

How does Notarize work for borrowers?  You register on the Notarize app or website, then upload your document(s) and verify your identity. You verify your identity using knowledge-based authentication. Once your ID has been verified, your identity is further validated using a government-issued photo ID. You are then connected with a commissioned Notary Public via live audio/video call. The Notary reconfirms your identity and then witnesses you electronically sign the document. Similar to how a traditional Notary operates, the Notarize Notary signs and places his or her notarial seal on your document. Once complete, you will receive detailed instructions to access your notarized document online and can deliver it or send it electronically to whomever you would like. The whole process is completed in minutes.  Notarize for Mortgage is:

    • Entirely online and paperless – available to borrowers on any computer, iPhone or iPad
    • A collaborative platform for lenders and their title partners to prepare and manage closings
    • Designed to prevent errors and to ensure properly executed closings
    • Integrated with an eVault & MERS to accelerate sale into the secondary market
    • A verified eClosing, eVaulting and eNote platform with both Fannie Mae and Freddie Mac
    • On-demand with dedicated Notary signing agents online
    • Available via APIs to automate the closing process

Request a demo or watch a short video on how Notarize works. Learn more at notarize.com.