ServiceLink: Revolutionizing Mortgage Closings with Tech
In a bold stride towards modernization, ServiceLink has unveiled significant enhancements to its EXOS Close platform, set to transform the mortgage closing landscape. According to HousingWire, these updates are tailored to offer unprecedented scheduling flexibility for lenders and borrowers alike.
Real-time Scheduling at Your Fingertips
Imagine having the power to schedule your mortgage closing at the click of a button. With the new features, borrowers now have access to real-time scheduling for both online and in-branch appointments. This not only streamlines the process but also saves valuable time for all parties involved.
A Paradigm Shift in Notarization
One of the standout advancements is the automated eligibility check for remote online notarization (RON). This innovative system assesses whether a borrower qualifies for RON, taking into account specific state and county regulations. It’s a game-changer that simplifies the way borrowers can close their deals remotely.
The First of Its Kind: In-Branch Scheduling
ServiceLink highlights that the expansion to allow real-time in-branch scheduling is an industry-first. This feature is expected to bring significant benefits to home equity and refinance transactions by enhancing transparency and boosting efficiency.
Boosting eSignings with Automation
The integration of the automated RON feature is set to propel broader acceptance of eSigning processes. By empowering borrowers with the ability to self-schedule remote closings, EXOS Close is breaking traditional barriers, paving the way for a future where convenience reigns supreme.
Bridging the Technology Gap
Dave Steinmetz, division president of origination services, shares his pride in these new additions. “With just a tap, users can decide when, where, and how they want to close. It’s a remarkable leap from outdated methods, ushering in a new era of tech-savvy mortgage solutions.”
A Network of Notaries at Your Service
EXOS Close, now in its eighth year, harnesses a nationwide network of notaries. Borrowers receive timely updates, including contacts and arrival details. This robust communication ensures a seamless closing experience, whether in-person or remote.
In essence, ServiceLink’s latest technological strides promise to redefine the mortgage closing realm, fostering a more dynamic, efficient, and transparent process. This is not just a step forward; it’s a visionary leap towards a futuristic mortgage industry.
