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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
4.4/5
(22)
Glassdoor
3.6/5
(144)

Snapdocs description

Snapdocs is a digital closing platform for the mortgage industry, designed to simplify and streamline the closing process for lenders, title companies, and borrowers. It offers tools for eClosings, eNote management, and notary coordination. Through automation and integrations with other mortgage software, Snapdocs aims to increase efficiency, reduce errors, and improve the borrower experience. It boasts a large network of settlement partners and is used by many large lending organizations.


What companies are using Snapdocs?

Priority Title is using Snapdocs
Priority Title
Legacy Mutual Mortgage is using Snapdocs
Legacy Mutual Mortgage
Zapier is used by Priority Title, Legacy Mutual Mortgage.

Who is Snapdocs best for

Snapdocs is perfect for mortgage lenders, title companies, and signing services that want to bring efficiency and simplicity to their closing processes. We find that users rave about its easy-to-use interface and seamless integration with Encompass. If you're looking to reduce closing times and errors, Snapdocs might be a great fit!

  • Perfect for businesses of any size seeking streamlined mortgage closing processes.

  • In our experience, Snapdocs is a great fit for companies in the finance, banking, and insurance industries.


Snapdocs features

Supported

eClosing: eClosing: Digitize every loan and closing type. This feature suggests Snapdocs facilitates digital closings for various loan types, streamlining the process.

Supported

eVault: eVault: Securely store, maintain, and transfer eNotes. This suggests Snapdocs provides a secure repository for electronic notes, simplifying storage and transfer.

Supported

Notary Connect: Notary Connect: Streamline the notary process, connecting lenders and notaries efficiently.

Supported

Automated Closing Process: Snapdocs automates the critical interactions between lending and title companies, saving time and money, and improving the borrower experience.

Supported

Settlement: Settlement: Facilitate seamless and efficient settlement processes, likely involving coordination and automation.

Supported

Integrations: Snapdocs provides integrations with various systems, enhancing interoperability and data flow.

Supported

Hybrid Closings: Snapdocs streamlines hybrid closings, allowing for a mix of electronic and paper processes.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+1

Snapdocs reviews

We've summarised 22 Snapdocs reviews (Snapdocs G2 reviews) and summarised the main points below.

Pros of Snapdocs
  • Easy-to-use interface praised for its user-friendliness.
  • Seamless integration with Encompass simplifies closing processes.
  • Excellent customer support and implementation experience.
  • Faster closing times and reduced errors due to automation and digitization.
  • Improved borrower experience with document preview and real-time updates.
Cons of Snapdocs
  • Notaries complain about payment and profile update issues.
  • Limited investor acceptance of eNotes restricts full eClosing utilization.
  • Frequent interface changes and removal of free features force paid upgrades.
  • Lack of direct LOS integration requires intermediary systems.
  • Inconsistent adherence to upload instructions by closing agents leads to disorganized packages.

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 eClosing by Snapdocs
    eClosing by Snapdocs
    Simplifies digital mortgage closings, improving efficiency and borrower experience.
    Read more
  • Logo of Qualia
    Qualia
    Streamlines real estate closings, connecting everyone for a smooth experience.
    Read more
  • Logo of Maxwell
    Maxwell
    Modern mortgage platform simplifying lending from origination to close.
    Read more
  • Logo of SoftPro
    SoftPro
    Closing and title software streamlining real estate transactions.
    Read more

Snapdocs FAQ

  • What is Snapdocs and what does Snapdocs do?

    We find that Snapdocs is a digital closing platform for mortgages. It helps lenders, title companies, and borrowers close deals faster and more efficiently with tools for eClosings, eNotes, and notary coordination. It simplifies the often complex closing process.

  • How does Snapdocs integrate with other tools?

    We find Snapdocs integrates seamlessly with various systems, notably Encompass, to enhance data flow and interoperability. However, it lacks direct LOS integration, sometimes requiring intermediary systems. It also facilitates connections with a large network of settlement partners.

  • What the main competitors of Snapdocs?

    We find that Snapdocs' main competitors include Qualia, SoftPro, and Maxwell. These platforms offer similar services for digital closings and streamlining real estate transactions. SimplyAgree and SIGNiX also compete in the e-signature and closing space.

  • Is Snapdocs legit?

    We find Snapdocs to be a legitimate and generally well-regarded platform. While some users have reported issues with notary payments and interface changes, the majority praise its ease of use, integrations, and positive impact on closing efficiency.

  • How much does Snapdocs cost?

    Unfortunately, we don't have pricing information available for Snapdocs. We recommend checking their website or contacting their sales team directly for detailed pricing options.

  • Is Snapdocs customer service good?

    We find that Snapdocs' customer service receives mixed reviews. While many users praise the excellent support and smooth onboarding experience, some notaries have expressed concerns regarding payment and communication issues. Overall, the feedback leans towards a positive experience with their support team.


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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