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eClosing by Snapdocs

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Company health

Employee growth
3% increase in the last year
Web traffic
16% decrease in the last quarter
Financing
December 2020 - $253M

Ratings

G2
4.5/5
(24)
Glassdoor
3.6/5
(144)

eClosing by Snapdocs description

eClosing by Snapdocs is a digital closing platform designed for the mortgage industry. It offers a suite of tools to streamline and automate the closing process, including document management, collaboration features, and a network of settlement agents. eClosing aims to increase efficiency, reduce costs, and improve borrower satisfaction for lenders of all sizes by simplifying and modernizing traditional mortgage closings.


Who is eClosing by Snapdocs best for

eClosing by Snapdocs is a digital closing platform that streamlines the mortgage process. We find it particularly useful for lenders of all sizes seeking to boost efficiency and improve borrower satisfaction. Users appreciate its ease of use, fast processing, and excellent customer support. Keep in mind that some notaries have reported payment issues, and some users find the lack of direct LOS integration a drawback..

  • We find that eClosing by Snapdocs is a great fit for companies of any size, from small businesses to large enterprises.

  • In our experience, the platform particularly shines for companies in finance, banking, insurance, real estate, construction, and legal industries.


eClosing by Snapdocs reviews

We've summarised 24 eClosing by Snapdocs reviews (eClosing by Snapdocs G2 reviews) and summarised the main points below.

Pros of eClosing by Snapdocs
  • Easy to use and implement, with a user-friendly interface.
  • Fast and efficient, streamlining the closing process.
  • Excellent customer support and onboarding experience.
  • Automated document management and AI learning capabilities.
  • Improved borrower experience with pre-signing and document preview.
Cons of eClosing by Snapdocs
  • Notaries report payment issues and delays.
  • Interface changes sometimes remove useful features and push for paid upgrades.
  • Lack of direct LOS integration requires workaround for some lenders.
  • Limited investor acceptance of eNotes restricts full eClosing utilization.
  • No mobile app available.

eClosing by Snapdocs alternatives

  • Logo of SimplyAgree
    SimplyAgree
    Effortless legal closings: simplified signing, binders, and exhibits.
    Read more
  • Logo of SIGNiX
    SIGNiX
    Secure, verifiable e-signatures, stored in the document itself.
    Read more
  • Logo of Snapdocs
    Snapdocs
    Simplifies mortgage closings with automation and a large partner network.
    Read more
  • Logo of Qualia
    Qualia
    Streamlines real estate closings, connecting everyone for a smooth experience.
    Read more
  • Logo of eSignSystems
    eSignSystems
    Streamlines mortgage eSignatures, closings, and compliance.
    Read more
  • Logo of Maxwell
    Maxwell
    Modern mortgage platform simplifying lending from origination to close.
    Read more

eClosing by Snapdocs FAQ

  • What is eClosing by Snapdocs and what does eClosing by Snapdocs do?

    eClosing by Snapdocs is a digital closing platform for the mortgage industry. We find that it streamlines closings with tools for document management, collaboration, and a network of settlement agents. It aims to boost efficiency, cut costs, and improve borrower satisfaction.

  • How does eClosing by Snapdocs integrate with other tools?

    eClosing by Snapdocs integrates with a network of settlement agents, facilitating collaboration and streamlining the closing process. While it lacks direct LOS integration, some lenders use workarounds. There is no mention of other integrations.

  • What the main competitors of eClosing by Snapdocs?

    We find that eClosing by Snapdocs competes with other closing platforms like SimplyAgree, SIGNiX, Qualia, eSignSystems, and Maxwell. Each offers varying features and specializations within the mortgage and real estate closing process.

  • Is eClosing by Snapdocs legit?

    Yes, eClosing by Snapdocs is a legitimate platform used by many in the mortgage industry. We find that it generally receives positive reviews for ease of use and efficiency, but some users have reported issues with notary payments and interface changes.

  • How much does eClosing by Snapdocs cost?

    I'm sorry, but pricing information for eClosing by Snapdocs is not available at this time. We recommend contacting Snapdocs directly for detailed pricing information.

  • Is eClosing by Snapdocs customer service good?

    We find that eClosing by Snapdocs generally receives positive feedback for customer support, particularly during implementation. However, some notaries have reported payment issues and difficulties with communication.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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