MINNEAPOLIS, NEW YORK and SEATTLE – Octo– U.S. HomeStreet to retain all branch employees and keep branches open.
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Every day, over 130,000 mortgage professionals rely on Snapdocs to automate manual work and digitize paper processes that plague the industry. Snapdocs is the only solution with a proven track record of creating a single, scalable process for every closing. Powering millions of closings a year, Snapdocs is leading the charge to modernize, streamline, and improve the mortgage process for lenders, borrowers, and settlement. With its patented AI technology and connected platform, Snapdocs is on a mission to perfect mortgage closings for all. “We’re proud to be trailblazers in the industry while bringing advanced technology to today’s banking platforms,” Mason said.įounded in 2013, Snapdocs is the mortgage industry’s leading digital closing platform. “A fully digital closing option for our mortgage customers helps streamline the process of home buying and puts time back on their calendars,” he added. Mason, President, CEO and Chairman of HomeStreet Bank.
“We’re driven at HomeStreet to enrich the lives of our customers by providing services and solutions that make their lives easier,” said Mark K.
Universal demand for RON is increasing as it rids the barrier of pen and paper along with physical presence to complete the signing process historically required to obtain a notarized document. The benefits of a RON closing extend beyond ease-of-use: borrowers take comfort that Snapdocs industry-backed RON standards ensure a high level of security that’s superior to its ink-on-paper alternative,” he said. Rana added, “With Snapdocs’ eClosing technology, HomeStreet Bank offers their borrowers the ability to close on their home quickly and without errors-from anywhere in the world. “We're excited to partner with HomeStreet Bank, a lender already synonymous with providing exceptional service, to help them become one of the nation’s first mortgage lenders providing a fully digital closing experience for their borrowers,” said Vishal Rana, Vice President of Customer Success at Snapdocs. Using the digital signing solution and Remote Online Notarization (RON) capabilities from Snapdocs, HomeStreet provides customers a highly efficient and convenient path to home ownership. The mortgage division of HomeStreet Bank successfully completed their first, fully digital closing on October 13, becoming one of the first banks in the country to do so. HomeStreet has closed multiple loans to date using digital technologies, including a loan from a borrower living in Dubai
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