Equity National Title Now Conducting E-closings with Pavaso

June 29, 2017

Equity National Title announced it is now able to provide electronic closings with Pavaso’s Digital Close.

More specifically, Equity National Title can now deliver hybrid e-closings in which select documents, such as the deed and note, are printed and “wet-signed,” but much of the closing package is executed electronically.

“An awesome closing experience for our customers and their borrowers is our primary focus and the digital closing experience is one that more and more of our lending partners are demanding,” said Jim O’Donnell, president of Equity National Title. “Pavaso’s technology is being used by a number of our lender clients, and we’ve found that they deliver fantastic support as well as flexibility through the hybrid option when we need to close on any combination of paper and digital.”

Pavaso’s Digital Close accommodates paper, hybrid or fully digital closings. It also enables efficient online communication and collaboration between the real estate agent, lender, title/settlement agent and borrower during the entire closing process. The digital closing platform provides built-in e-sign and e-notarization capabilities, allowing borrowers to sign and notaries to verify and stamp documents digitally. Although there are still some traditionally wet-signed documents, this allows the majority of the closing package to be executed more efficiently and securely.

“Each time a national provider like Equity National Title adopts an eClosing process, the digital transformation of the mortgage becomes much more widespread—even much more mainstream,” said Mark McElroy, president and CEO of Pavaso. “With a large title network for digital mortgages emerging, it’s really only a matter of time until e-closings are a staple for businesses.”


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.