SOURCE: Snapdocs, Inc.

Snapdocs, Inc.

October 29, 2015 10:00 ET

Snapdocs Launches Broker Portal Enabling All Stakeholders in a Real Estate Transaction to Collaborate in Mortgage Closing Process

Connects and Updates Every Professional Key to the Home-Buying Process to Improve Communication and Promote Positive Consumer Experience for Borrowers

SAN FRANCISCO, CA--(Marketwired - Oct 29, 2015) - Snapdocs, Inc., a modern technology platform that simplifies mortgage loan closings, today announced the launch of its Broker Portal that brings real estate agents, escrow officers and signing agents into the fold with mortgage loan closings. The Broker Portal is a milestone in the evolution of Snapdocs' web-based platform, which connects the many parties and moving parts of mortgage loan closings that take place away from a local mortgage office, often scheduled centrally and carried out by a mobile notary or signing agent.

"To date, there hasn't been an efficient way to keep all key players involved with a real estate transaction informed of the loan's progress," explained Aaron King, founder and CEO of Snapdocs. "Thanks to Snapdocs' Broker Portal, the entire chain of professionals now has a centralized way to collaborate and monitor landmarks leading to a successful closing."

At the beginning of the loan closing process, the lead closer has the ability to invite all involved parties to observe the status of the closing at hand. Without compromising private data, Snapdocs informs all users when key steps toward the closing are complete, such as the assignment of a signing agent and the delivery of final documents. The Broker Portal also enables communication and coordination throughout the process.

At the core of Snapdocs' platform is an online database of more than 60,000 notaries spanning every state. Lenders, title companies, escrow companies, real estate brokers and agents can also invite notaries with whom they have working relationships to sign up for the service, which is free to notaries. After every transaction, all users on the platform are automatically prompted via e-mail to review their closing experience with each notary.

Snapdocs' real-time marketplace of notary vendors ranks notaries based on nearly a dozen factors, including qualifications and user reviews. The database sheds light on the notary selection process, allowing lenders and title companies to positively shape the closing experience, which is a reflection of everyone involved in the home-buying process. The technology platform also provides tools for ably managing consumer complaints.

King emphasized, "For realtors and lenders, referrals are your best friend. If the consumer's experience at the closing table is compromised, that final step of the mortgage process can leave a lasting impression that impacts everyone on the vendor chain."

Go to www.snapdocs.com to find out more about how Snapdocs is transforming the mortgage process for the hundreds of thousands of closings that take place remotely.

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