In the age of digital transformation, finding a solution that is flexible and easy to use is more important than ever. Docutech recognizes that a key pain point for lenders is the difficulty of including independent documents with loan packages and enabling those documents for eSignature.
With the new Editor functionality of Docutech’s Solex eSign, lenders no longer have to send borrowers’ documents separate from their loan document packages or wait for or incur costs for ink signature, scanning and mailing. Now, additional documents can easily be added and enabled for eSignature.
Solex eSign serves as a lender’s all-in-one eSign platform. The solution is directly integrated with Docutech’s dynamic document generation engine, ConformX, which provides lenders access to the most comprehensive library of current and compliant documents in the lending industry and is integrated with leading loan origination systems (LOSs), automatically pulling in necessary information to dynamically generate the required documents. And because ConformX generates dynamic versus static documents, it has become the trusted solution for some of the nation’s leading lenders and is responsible for producing over a billion documents to-date.
Once a document is generated, Solex enables lenders to electronically send the documents to the borrower, facilitate eSigning, access the status of loan packages, and store authoritative copies in its secure and Fannie Mae and Freddie Mac-approved eVault. ConformX and Solex work together to power a streamlined and seamless workflow for all document-related needs.
Solex eSign with Editor functionality is fully compliant with ESIGN and UETA, ensuring eSigned disclosures meet all regulatory requirements. Solex captures completed data for every signature or form-fill item along with the date/time each occurred. Once completed and submitted, Solex then creates an audit log with a tamper-evident seal. With additional features such as two-factor authentication, Single-Sign-On, full disaster recovery, failover print fulfillment, and access to the industry’s most trusted eVault, Docutech promises an eSigning platform that ensures the utmost security and compliance.
When the borrower is ready, Solex’s mobile interface enables them to sign documents from any location and on any device. “The ability to push eSignatures to a mobile setting is crucial for today’s lenders. Without the ability to provide their customers convenient, 24/7 access to documents and signatures, a lender is much less competitive in today’s instantaneous, technology-rich environment,” said Harry Gardner, executive vice president of eStrategies for Docutech.
The ConformX integration also includes access to the most comprehensive library of documents in the lending industry and directly imports data from the LOS.
Solex eSign also includes:
- eDelivery – electronically deliver documents to the borrower and gain complete visibility into document status
- I-Frame (borrowers stay in lender-branded portal)
- One-time consent and lender-managed consent
- Non-borrower signing support
- Streamlined processes and seamless workflows
“Users of Solex eSign appreciate the improved borrower experience. Borrowers can review loan documents in advance of the closing table, allowing for plenty of time to ask questions and gain a better understanding of the terms of their loan before they sign,” Gardner said.
PRODUCT: Solex eSign
SNAPSHOT: Solex eSign is the all-in-one eSignature solution enabling digital delivery and signature of loan documents anytime and from any device. Now with new Editor functionality, lenders can add documents to any loan package generated through Docutech’s ConformX document engine and then enable those documents for eSignature through Solex eSign.