Partnership aims to “create a connection from loan origination to closing and back again”
Digital closing platform Snapdocs has announced an integration partnership with Accenture-owned lending platform Mortgage Cadence.
Under the partnership, lenders using Mortgage Cadence will be able to facilitate mortgage closing using Snapdocs without leaving the platform.
In a statement, Snapdocs said that the integration will “create a connection from loan origination to closing and back again, unifying lenders, title, signing agents and borrowers in a single workflow for every closing,” adding that the integration is scheduled to go live early next year.
“Documents and data needed for digital closings will be securely transmitted to Snapdocs to initiate the closing process,” Snapdocs said in its statement. “Once finished, the completed documents will be returned to the Mortgage Cadence Platform to be stored securely.”
“Snapdocs is working to perfect mortgage closings for everyone involved in the process, every time they touch our platform,” said Todd Maki, head of business development and partnerships at Snapdocs. “Snapdocs operates in the background, allowing lenders to leverage technologies they already use to deliver delightful and error-free closing experiences for their borrowers.”
“We are excited to expand our on-platform digital closing capability with the integration of Snapdocs,” said Pete Espinosa, chief executive officer of Mortgage Cadence. “The partnership will add value and efficiency for our customers and continue our mission to deliver an exceptional experience.”