BOSTON--(BUSINESS WIRE)--Notarize, the first company to enable an entirely online mortgage closing process, today announces a new partnership to make its digital closing platform available through Ellie Mae’s Encompass® digital mortgage solution. The seamless integration allows lenders to leverage Notarize’s platform directly through Encompass to drive quality and efficiency in the loan origination process.
Notarize has developed the world’s first Intelligent Closing Automation Platform, providing lenders everything they need to offer every borrower the appropriate digital closing nationwide, from hybrid to full remote online closings where supported. The platform manages more than 14.5 million rules so lenders may fully automate their operations or manually determine every loan’s eligibility for an online closing. To date, Notarize has helped people buy and sell more than $8 billion in real estate—entirely online.
The Notarize integration with Encompass empowers any lender to digitize their operations and reimagine the way they serve borrowers.
“This partnership is an enormous step toward our vision to enable anyone in America to click to close on their home,” said Notarize Founder and CEO Pat Kinsel. “Our mission is to help people get into their dream home faster and for less cost. Digitizing the closing is the last thing keeping lenders from meeting consumers’ expectations. We’re proud to partner with Ellie Mae to help lenders realize the vision of the complete digital mortgage process.”
“We are thrilled to partner with Notarize to provide added value to Ellie Mae customers,” said Parvesh Sahi, senior vice president, business development, Ellie Mae. “Through this integration, our customers will be able to automate key workflow to determine online closing eligibility. This ultimately saves time and reduces friction in the loan origination process, a benefit as lenders look to close loans faster and provide a more seamless experience.”
Ellie Mae is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae empowers lenders and investors to engage homebuyers and efficiently originate, close, sell and purchase loans that maximize ROI across their business all from a single system of record. The platform delivers a true digital mortgage experience across the entire mortgage workflow for every channel, every loan transaction and every customer type.
For more information, visit notarize.com/encompass.
Notarize is the first platform to empower thousands of people each day to sign and notarize documents online. From adopting a child to buying a home, Notarize builds trusted products and services that support life's most important moments. As the first company in the country to enable fully online real estate closings, Notarize is used by more than 2,000 title agents, the fastest-growing national lenders, and has helped people buy and sell more than $8 billion in real estate—entirely online.
For more information on our mission, visit notarize.com.