Digital closing platform Snapdocs recently enabled a huge step forward in the digital mortgage process for the Fort Community Credit Union. Using Snapdocs, FCCU moved to a digital closing process for 22,000 members, shortening closing appointments to 15 minutes and saving $200 per hybrid closing with eNote.
The Wisconsin-based credit union began exploring eClosings three years ago to provide a better, faster experience for its members, including the ability to offer eNote and Remote Online Notarization(RON).
More recently, increased loan volume led FCCU to Snapdocs, and within nine weeks, they began offering hybrid closings and RON with eNotes.
Snapdocs, powered by AI, provides one process for every closing, which saves time by eliminating manual processes. It also means less options for error. Along with eNote and RON solutions, it integrates with other major real estate technologies including Loan Origination, Point of Sale and Title Production, enabling them to interact seamlessly at scale.
“We want to enable perfect closings at scale, where every transaction is fast, convenient, error-free, and secure,” said Vishal Rana, Snapdocs’ VP of customer success.