EscrowTab is the leading In-Person Electronic Notarization (IPEN) eClosing solution. EscrowTab consists of four components – DocPrep, eNotes, eClosing, and eVault. The EscrowTab eClosing app allows you to electronically sign and notarize documents and deliver them securely to the title company.
Benefits of EscrowTab for the mortgage ecosystem:
* Lenders can seamlessly transition from paper closings to eClosings, creating efficiencies without changing their current process or underlying technology.
* Title and settlement companies can ensure that loans are closed in accordance with lender requirements faster than the paper process. They can also close loans the way borrowers expect - technology driven and eco-friendly.
* Borrowers can sign documents with a forensically verifiable handwritten electronic signature in a face-to-face environment where they are guided through the closing process by a trusted professional.
* Notaries – use EscrowTab’s app to:
* Increase revenue
* Save time
* Ensure there are no mistakes or missing signatures on the documents
* Avoid the hassle of printing documents and driving to ship them
* Provide an eco-friendly tech-forward option for borrowers that positions you as a leader in your field.
To use this app, you must have an EscrowTab profile. Don’t have a profile but want to get started? Sign up today at https://www.escrowtab.com/signing-agents/
Functionality of the app:
* Signing and notarizing.
* The notary meets with the signor and both parties sign documents with their unique handwritten signatures using the tablet. Real time document edits can be made during the signing, just like paper.
* Delivering the documents.
* Documents are validated to ensure no mistakes and no missing signatures. Documents never leave the security of our eVault and can only be accessed through the EscrowTab app.
* Original documents are immediately available to permissioned parties from our secure eVault - automation at its finest.
* No Fees for Loan Documents
* There are no monthly fees or subscription fees when EscrowTab is used for loan documents.
* Become an EscrowTab-enabled notary
* We have thousands of notaries preparing to close in EscrowTab and we’re adding more every day.
* To get started, please register to become an EscrowTab-enabled notary. After completing the registration process, you will receive information regarding how to receive training and get started!
System Requirements:
* Apple iPad Pro 12.9-inch
* iOS 15 or higher
To Learn More:
* If you’re a notary, lender or title company who wants to learn more about EscrowTab, visit us at escrowtab.com