FOR IMMEDIATE RELEASE
The national title company partnered with Pavaso to debut its new eSign closing process
APRIL 3, 2018, SALT LAKE CITY —Elevated Title is pleased to announce its new partnership with Pavaso, a digital closing platform that allows title companies to electronically close on mortgage loans. Elevated Title used the new platform to close on its first hybrid loan with Intercap Lending, a national mortgage company, on Monday, March 26, 2018.
The borrower, a woman in her sixties, did not have a computer or internet access at her rural Wyoming home. She closed on the loan using her mobile phone signing all the necessary documents with Elevated Title’s new streamlined digital closing process, all in less than 15 minutes.
“This was the easiest loan I have ever done,” the borrower said.
Elevated Title acquired Allegiance National Title in March of 2017, expanding its national footprint to 48 states and adding key principals Dan Gaudreau, Brian Lemke & Corey Hulbert, all with extensive title & sales experience.
“So often the national lender doesn’t think about the client’s closing experience. They don’t realize that the last thing the borrower remembers is the closing process,” said Sally Farrar, Elevated Title’s CEO. “The lender can offer a streamlined, cutting-edge, online loan experience, but then, they turn their borrower over to a traditional title company that requires a borrower to go to an office or, sign with a notary, hundreds of documents. This can ruin the borrower’s entire loan experience.”
Elevated Title wants the closing process to be as easy and streamlined as the tech-driven online lending process. The national title company prides itself on its innovative technology and its ability to streamline the closing process for its lending partners and borrowers.
“Lenders are only as good as their closing process, we are so excited that lenders are finally realizing the value of partnering with a centralized, tech-driven title partner and are able to utilize our online, streamlined model,” said Brian Lemke, executive vice president at Elevated Title. “Borrowers using tech-driven lenders want the same streamlined process from their title company. Elevated Title is the perfect partner for tech-conscious national lenders.”