Virtual Online Loan Signing Services
An e-closing involves signing mortgage documents electronically. It may still require a face-to-face meeting.
Pricing for loan document signing depends on:
the type of loan signing
number of signers
time of loan signing
method of delivery/return of signed loan documents
method of receipt of loan documents
method of payment
Our remote online real estate loan signings services allow us to complete closings completely online.
Standard Signing Agent Fees (prices based on 1 – 2 signers and single loan).
Additional fees for more than two signers and/or more than one loan):
Remote Online Signing of Loan Signings: Starts @ $125.00 (plus admin/platform fee cost)
Not all e-closings are the same
There are three types of e-closings, says Bill Banfield, executive vice president of capital markets for Quicken Loans:
Hybrid e-closing. "The borrowers and notary meet in person, and they sign some documents digitally and they sign some documents traditionally," Banfield says. Most e-closings are of the hybrid type.
In-person e-notarization, or IPEN. The borrower and notary public meet face to face. All the documents are digital and are signed electronically on a tablet or computer and digitally notarized.
Remote online notarization, or RON. All documents are signed electronically, and the borrower and notary meet by webcam instead of in person.