In today's
digital age,
eSignature software is becoming more and more popular...and for good reason too! eSignatures can help simplify the mortgage lending
process by saving time and money while also reducing errors. The electronic
signature software we are going to talk about provides an alternative way for mortgage
lenders to sign
documents in a
paperless environment.
In this blog post, we will discuss five of the best electronic
signature solutions that are on the market today to help you get started with eSignatures in your
business as well as share some helpful features that you should look for when selecting eSignature
software for your institution as a mortgage lender.
Electronic Signatures Offer Increased Security and Accessibility
It's important that you know the eSignatures offer a level of
security not found with traditional
signatures and can be used as evidence in court. A
digital document signed through eSignature will remain valid until it is revoked or somehow destroyed, which makes them perfect for things like
loan agreements. The best part? You don't have to print anything out! All electronic paperwork is stored on your computer and can be accessed at any time from anywhere so long as you're connected online. Say goodbye to those pesky wet
signatures and illegible handwritten
signatures. Plus, e-signing allows people who live outside of major towns without access to banks or printers the ability to purchase and sign their
loan applications without leaving home.
What to Look for in eSignature Software
It's important that you know the key
features your eSignature software has before making a purchase. For instance, some of the best eSignature
software comes equipped with templates and tools so that mortgage
lenders can create their own
documents more quickly than ever before. Many also offer
digital signatures which are used by mortgage
lenders to sign contracts remotely while still ensuring
security compliance. When selecting an eSignature solution for your
business, look for one that offers these key features:
-
Digital signature technology ensures maximum protection from fraud or tampering by adhering to regulatory compliance
-
Digital paper audit trail that can be stored in the cloud and accessed anytime
- Create a wide range of templates to streamline the mortgage
process
Here's our list of the best five eSignature software:
- DocuSign - The
business standard in electronic
signatures and contracts; users can send their
documents securely from anywhere online at any time while also being able to track them along every step of the way. It's easy to use and it integrates with e-
signature apps on both the iOS and Android platforms.
- OneSpan eSign Live is an enterprise-level eSignature
software that offers a variety of features for your
business, including encrypted
document workflow, templates to make electronic
signatures easier than ever before,
digital signature technology so you can sign any electronic
document remotely from anywhere in the world, as well as excellent
customer service.
-
Lightico - This eSignature solution comes equipped with all sorts of features that can help you e-sign
documents more easily than ever before, including templates to make eSigning online
documents easier for any user.
- DocuWare - This eSignature
software offers all sorts of features specifically designed for the mortgage
industry, like customizable eSignatures for your
company's branding so
customers know who is signing their agreements and contracts (without a need to print anything out!).
- Adobe Sign - This is an eSignature solution that offers a variety of features for your
business, including templates to make electronic
signatures easier than ever before as well as excellent
customer service support. They are also certified by multiple
security organizations which means they have met strict standards.
