The True Value of Digital Closing Software may Astonish Mortgage Lenders

The Future of Closing for Lenders is Going Digital with Closing Solutions

The future of closing real estate is digital. Not only does digital closing software allow for more efficiency and accuracy with the overall process, it makes for happier customers.

If you’re ready to separate your services from the competition, a digital closing solution may be the answer. In fact, by applying a digital software to your business, you secure a better closing experience. Make closing real estate look easy.

Expand with More Clients

Homebuyers want the closing process to be as simple and easy as possible. A more reliable closing system is one path to expanding your customer-base by going digital. Having a digital closing software platform means that there’s no need to pass documents back and forth. In fact, your customers can more quickly deliver, sign, and access documents with an online database and convenient esignatures. You need all parties involved in the transaction communicating effectively and coordinating completed documents with ease. If this is your greatest challenge, then a closing solution may be right for you.

In addition, you might not realize, but digital closing softwares also appeal to new homebuyers in the millennial generation. This tech-savvy generation is drawn to more efficient processes made easier through the use of software and technology. This highly sought demographic will be much more receptive to lending institutions who offer digital closings.

Cut Time and Money with Underwriting

Are personnel too busy organizing or delivering documents to stay focused on customer service? You may be wasting all your resources on an outdated process. Get a more accurate process and save yourself from errors that can be avoided by going digital.

Going digital with an underwriting software platform allows you to save precious hours and funds spent on processing the minute details of each transaction. With a secure online database, everything can be easily accessed by all parties involved. This means, you reduce face-time but will be able to provide better customer service as a product of it.

A digital closing solution can save a whopping +$1,000 per real estate transaction for lenders. That’s because working in a “paperless” environment reduces paper costs, postage, and time spent signing documents. Closing solutions are an innovative alternative to sending snail mail.

Grow a Trustworthy Reputation

New regulations with the CFPB set some title agencies apart. If your mission is compliance, then you’ll benefit from providing a better closing experience via digital closing software. Customers want to work with a company they can trust. A digital underwriting platform makes TRID compliance look easy. In fact, the simpler the process, the better the closing experience. Get the referrals you need by applying the latest up-to-date technology when closing real estate.

Gaining new closing partners could be as simple as applying a digital closing solution.

Going digital makes same day delivery a possibility Get your Closing Disclosure today with BNTC’s Same Day GUARANTEE. Learn more about Same Day Closing Disclosure.

You need a process that allows for better customer service and focus. Partner with Bay National Title Company to start using a digital closing platform. Contact us to learn more about our experienced real estate owned services team and the latest technology for a better closing experience.

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The Value of Digital Closings