2020 HW Tech100 Mortgage winner: Snapdocs

AI enables automation and accuracy

Snapdocs offers an existing network of more than 50,000 settlement agents already using the platform. Its AI enables automation and accuracy with a proven approach to achieving digital closings at scale. With Snapdocs AI, lenders do not have to manually sort and annotate documents for hybrid closings or eClosings, saving hours of work.

  • Within the first month of implementing Snapdocs, one client was able to close 50% of their loans as hybrids
  • On average, it only takes four months for lenders to digitize 99% of their loan volume with Snapdocs
  • Over the last year, Snapdocs has grown from powering 750,000 closings a year to over 1 million, and over 13% of all U.S. residential mortgage transactions are now processed on Snapdocs’ platform

3d rendering of a row of luxury townhouses along a street

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