In this world today there is an over abundance of garbage in the form of paper and with electronic closing it enables electronic distribution of Disclosure documents and the paperless closing of the mortgage process.
In the traditional paper-based mortgage process, loan documents are formed, executed, and kept safely as paper files. In the eMortgage and process with electronic closing, loan documents are converted to an electronic format known as a SMARTDoc.
Entire processes of the closings are automatic which prevents anymore paperwork having to be made and will help keep our country be less overcome more paperless.
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