Integration enables lenders to access Pavaso’s digital real estate closing technology through leading digital lending platform
Plano, TX, October 26, 2020 – Pavaso®, a leader in digital mortgage transformation, announced that its eClosing platform is now integrated with the Ellie Mae® Digital Lending Platform. The integration allows lenders to access Pavaso’s innovative eClosing technology directly through the Digital Lending Platform to drive quality and efficiency in the closing process.
Pavaso empowers lenders to complete real estate closings in all 50 states through one secure, collaborative platform that streamlines the entire closing process. Designed to improve the real estate closing experience for everyone involved, Pavaso supports all real estate closing options, delivering traditional, hybrid and fully paperless eClosings with both in-person eNotary (IPEN) and remote online notarization (RON) solutions (where permitted by law).
Lenders utilizing Ellie Mae’s Encompass® can create and add documents to orders on the Pavaso platform. Pavaso will use a combination of the document tags provided by Ellie Mae and Pavaso templates to minimize the labor-intensive manual process of tagging documents. The Pavaso platform also provides borrowers the ability to review their documents prior to the closing and enjoy a completely paperless closing in as little as 15 minutes. After the loan closes, the signed documents will be returned to the Encompass loan eFolder.
Ellie Mae, now ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE) is a leading cloud-based loan origination platform provider for the mortgage industry. Ellie Mae’s Digital Lending Platform 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.
“Pavaso is excited to work with Ellie Mae,” said Jay Hollis, Vice President, Product Strategy for Pavaso. “Our secure integration with Ellie Mae’s Digital Lending Platform permits our clients to simplify and streamline the closing process, so they can more efficiently and securely close loans. We look forward to a long, successful relationship with Ellie Mae.”
Texas-based Pavaso is transforming the mortgage process with innovative digital mortgage closing technology that facilitates easy, convenient and streamlined closings. The Pavaso platform offers a single, collaborative, secure portal that promotes transparency, efficiency, consumer education and communication in a seamless format that delivers value to every stakeholder involved in the transaction. For more information on how you can streamline your process and digitally transform your organization, call 866.288.7051 or visit pavaso.com.