United Wholesale completes first eClosing

Aug 9, 2017, 16:24 PM by User Not Found
United Wholesale Mortgage announced Wednesday it completed its first virtual e-closing on July 28th, allowing borrowers to complete their closing completely remote for refinances.
United Wholesale Mortgage announced Wednesday it completed its first virtual e-closing on July 28th, allowing borrowers to complete their closing completely remote for refinances.

While e-mortgages are making strides in the housing industry, e-closings are still rare. Back in May, North Carolina announced its first e-closing, with hopes of it becoming the first of many.

Now, United Wholesale took it a step further, and announced its first virtual e-close, saying buyers would never have to leave their home or wet sign a single document for refinance loans. UWM’s new solution allows borrowers to Facetime or Skype with the notary, making it the first e-closing borrowers can complete remotely.

Click here to read the full story via HousingWire.
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