eClosing Platform That Selects the Best Way to Close a Loan

SUPPORTING WET SIGN, HYBRID AND FULL DIGITAL CLOSINGS

Expedite Close offers the flexibility and scalability lenders need in an eClosing software solution. Based on client-defined rules, decisioning capabilities and transaction data, Expedite Close determines if a closing should use a paper, hybrid or complete digital process. The solution’s embedded rules and workflow identifies such factors as jurisdiction requirements, settlement agent processes, consumer preferences and investor requirements – so users don’t have to. Expedite Close can support paper and hybrid loan closings today as lenders work toward a full digital option. When the lender is ready to start offering a complete digital closing, the solution’s flexibility can easily scale and there’s no need to implement any new technology.

EASY TO IMPLEMENT AND USE

Expedite Close easily integrates with loan origination systems, internal processes, title and escrow software solutions, and document providers so any user involved in the real estate transaction can continue to conduct business the way they do today. Expedite Close is easy to use, and there is minimal training, even for the consumer. With Expedite Close, consumers can view their loan status, review their closing package in advance and eSign important documents through the easy-to-use, secure online portal.

• Consolidates data and documents from multiple systems
• Presents information in a secure portal
• Provides user-centric views
• Facilitates seamless online interactions between all parties
• Supports users’ current processes
• Enables secure online collaboration between everyone involved in the transaction

COMPREHENSIVE CAPABILITIES

Expedite Close supports the eClosing process for all loan transaction types with comprehensive automation, workflow and decisioning. Additionally, it offers unique capabilities to deliver even greater efficiencies, including:

• Document recognition
  • Separates the closing package into individual documents
  • Adds eSign fields
  • Determines which documents can be digitally or wet signed
  • Provides an intuitive view of which documents can be eSigned
• Audit
  • Unifies all documents – electronic and wet-signed – into a consistent, eAudit workflow so a lender’s post-closing processes are not impacted.
• eSign
• eNotarization
  • Remote online notarization (RON)
  • In-person electronic notarization (IPEN)
  • Hybrid signing & notarization

To learn more about our eNotary platform and RON capabilities, click here.

Contact us today to learn more about how Black Knight’s unique eClosing solution is unmatched in the industry.