Revolutionize Your Closing Process with EscrowTab: The Future of Efficient, Eco-Friendly Transactions

Revolutionize Your Closing Process with EscrowTab: The Future of Efficient, Eco-Friendly Transactions

In an era where efficiency and sustainability are paramount, EscrowTab stands out as a game-changer for title, settlement, and lending professionals. Imagine a world where you no longer need to deal with cumbersome printers, stacks of paper, or endless FedEx shipments. EscrowTab offers a streamlined, eco-friendly solution that transforms the traditional closing process into a modern, tech-forward experience.

The Power of In-Person Electronic Notarization (IPEN)

At the heart of EscrowTab's innovation is In-Person Electronic Notarization (IPEN). This cutting-edge process allows borrowers and notary signing agents to be in the same location while handling all documentation electronically. Borrowers sign documents with their handwritten electronic signatures, and notaries complete the notarization process without any paper involved. This means no more paper piles, no more waste, and a seamless experience for everyone involved.

A Seamless Transition to eClosings

For lenders, EscrowTab simplifies the transition from paper closings to eClosings. There’s no need to overhaul existing processes or incur additional costs. The platform enables lenders to receive fully quality-checked documents, whether they use eNotes or traditional paper notes. It’s as simple as it sounds – switch to 100% eClosings effortlessly and enjoy the efficiency of a digital workflow.

eNote Preparation Made Easy

EscrowTab’s software generates GSE-approved eNotes directly from your PDF documents. No manual creation is needed, and eNotes are instantly ready for signing. This eliminates the need for time-consuming manual note preparation and streamlines the closing process.

Comprehensive eClosing Solution

With EscrowTab, all documents are signed electronically, and the borrower’s original handwritten signature can be applied to the eNote. This ensures the authenticity and integrity of the documents, all while maintaining the convenience of digital signing.

Secure, Scalable eVault

EscrowTab’s internally built eVault is designed for the secure signing, storage, and transfer of loan documents. Exceeding the highest MISMO and GSE requirements, it offers a scalable and cost-effective solution. Documents are securely uploaded, stored, and transferred, with integration options available for easy document management.

Streamlined Document Handling

Settlement agents and lenders can upload documents via a web portal or directly from their existing CMS or LOS. Completed and signed documents are immediately available, reducing turnaround times and eliminating the need for physical document transfers. The eVault also supports long-term storage and secure delivery of documents, including integration with the MERS® eRegistry for eNote registration.

The Benefits Are Clear: Save Time, Money, and Trees

"Start saving time, money and trees on your next closing." EscrowTab delivers a fully paperless, automated process that aligns with modern expectations for speed and environmental responsibility. By adopting EscrowTab, you’ll not only accelerate your closing times but also contribute to a greener, more efficient industry.

Experience the Future of Closings

EscrowTab combines four key components to deliver a superior electronic closing experience:

1. Autotag: Automatically identifies and tags fields for signing and completion using proprietary OCR technology, ensuring fast and accurate document preparation.

2. eNotes: Generates GSE and MISMO compliant eNotes from PDF documents, simplifying eNote creation without additional work for lenders.

3. eClosing: An intuitive solution for closing loans without requiring lender integrations. It captures handwritten electronic signatures and handles document organization, validation, and storage.

4. eVault: An in-house solution for secure eNote registration and storage. EscrowTab’s eVault offers a comprehensive approach to document management and trading partner integration.

In summary, EscrowTab is more than just a tool – it’s a revolutionary step towards a more efficient, eco-friendly closing process. Embrace the future of digital closings with EscrowTab and experience firsthand the benefits of reduced paperwork, streamlined operations, and enhanced security.