Utah-based Credit Union Launches Paperless Closing Service

February 10, 2011

Mountain America has partnered with Stewart’s PropertyInfo to offer a service that allows homebuyers to access and pre-approve most of the necessary documents online prior to closing.

Mountain America now offers the option for all of its Utah members to close mortgage transactions electronically. Homebuyers can access and pre-approve most of the necessary documents online prior to closing with Quick Close, a paperless mortgage closing service.

Quick Close serves as the primary communication and document delivery vehicle, where title agents, real estate professionals and lenders meet to compile the entire closing package from a secure website. Quick Close is powered by SureClose, a paperless transaction management system developed by PropertyInfo Corp., a Stewart Co.

“Members can accomplish their mortgage closings in an eco-friendly way,” said Jeanie Olsen, Mountain America’s vice president of mortgage services. “With all of the documents viewable online, paper can essentially be eliminated from the process. No longer do home buyers have to sign a stack of closing documents an inch or more thick – they can sign electronically and receive all of their documents on an easily transportable flash drive. We also provide access to their documents online after closing if needed.”

Title offices that have set up Quick Close along with eClosingRoom, a program also provided by PropertyInfo, can close mortgages using designated computers and electronic signature capture pads. Mountain America members will sign any remaining closing documents on the PC and sign a digital signature pad once. That signature is then affixed to all of the closing documents.

“The eClosingRoom is seamlessly integrated with Quick Close. By giving credit union members access to review and approve the majority of the closing and upfront documents online in the convenience of their homes, the time required at the closing table is drastically reduced,” said Nancy Pratt, director of business development for PropertyInfo Corporation.

Mountain America Credit Union has over 60 branches in Utah, Nevada, Arizona and New Mexico.


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.