Stavvy, a digital mortgage platform, announced this week its eSigning and eClose solutions are now available through ICE Mortgage Technology’s Encompass Digital Lending Platform. According to Stavvy, the integration allows lenders to access the solutions directly through Encompass’ platform to drive quality and efficiency in the loan origination process.
Stavvy further explained that with its eClose functionalities, the majority of real estate closing documents can be eSigned, requiring only one in-person or virtual meeting for the promissory note and select documents that require notarization depending on the jurisdictional requirements and laws. By simplifying and expediting these processes, in-person closings that used to last hours may now be completed in 10 to 15 minutes.
“Stavvy’s native eClose tools allow closing agents to perform hybrid closings in addition to remote ink-signed notarizations (RIN).”
Stavvy also revealed Encompass 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. Speaking about the collaboration, Kosta Ligris, Co-Founder of Stavvy, stated:
“Stavvy is delighted to partner with ICE Mortgage Technology. Our secure, seamless integration with the Encompass Digital Lending Platform provides lenders on Encompass with direct access to our eClose platform, which enables them to efficiently and securely deploy digital transformation with title and settlement providers.”
Josh Feinblum, Co-Founder of Stavvy, added:
“ICE Mortgage Technology is at the forefront of innovation in the real estate mortgage industry, and we are proud to be a part of that. This integration elevates and expands Stavvy’s platform, and we are excited about the future of digital mortgage transactions.”