Four companies partner on eClosings
The Title report Industry News
Tuesday, April 17, 2018
Pavaso has partnered with Intercap Lending, Elevated Title and Signature Closers to conduct eClosings in which the lender, title company and notary
collaborate within Pavaso’s portal.
In March, Intercap Lending used Pavaso’s portal to electronically close its first loan with Elevated Title and Signature Closers, a technology enabled notary
and closing firm that partners with agencies nationwide.
“Adapting to a rapidly evolving market has always been an important part of Intercap Lending’s ethos,” Intercap Chairman Josh Romney said in a release.
“Our biggest asset is the trust and loyalty of our customers.”
“Incorporating new technologies, such as eClosing, that help our customers have a better experience with our platform helps us continue to provide a level
of service to our customers that surpasses that of our competitors,” Romney added.
“So often the national lender doesn’t think about the client’s closing experience. They don’t realize that the last thing the borrower remembers is the closing
process,” Elevated Title CEO Sally Farrar said. “The lender can offer a streamlined, cutting-edge, online loan experience, but then, they turn their borrower
over to a traditional title company that requires a borrower to go to an office or, sign with a notary, hundreds of documents. This can ruin the borrower’s
entire loan experience.”
Pavaso Chief Operating Officer Dan McGrew said digital closings are an essential element of the consumer experience.
“Today’s consumer demands transparency and efficiency to enable a smooth closing experience,” McGrew said. “Intercap Lending, Elevated Title and
Signature Closers have proven themselves leaders in the industry when it comes to using the best technology for the benefit of the consumer.”
“It’s extremely fulfilling to take part in the eClosing transformation in our industry working with partners like Elevated Title, Intercap Lending, and Pavaso,”
Signature Closers President said Mark Fleming, Jr. said. “The high level of communication and trust developed between our companies creates a simple,
efficient process for signers across the country and allows us to continue to stay true to our mission of serving others in a responsive, first class way.”
MARCH 30, 2018
Elevated Title Announces New Streamlined Electronic Closing Program
The national title company partnered with Pavaso to debut its new eSign closing process
MARCH 30, 2018, SALT LAKE CITY —Elevated Title is pleased to announce its new partnership with Pavaso, a digital closing platform that allows title companies to electronically close on mortgage loans. Elevated Title used the new platform to close on its first hybrid loan with Intercap Lending, a national mortgage company, on Monday, March 26, 2018.
The borrower, a woman in her sixties, did not have a computer or internet access at her rural Wyoming home. She closed on the loan using her mobile phone signing all the necessary documents with Elevated Title’s new streamlined digital closing process, all in less than 15 minutes.
“This was the easiest loan I have ever done,” the borrower said.
“So often the national lender doesn’t think about the client’s closing experience. They don’t realize that the last thing the borrower remembers is the closing process,” said Sally Farrar, Elevated Title’s CEO. “The lender can offer a streamlined, cutting-edge, online loan experience, but then, they turn their borrower over to a traditional title company that requires a borrower to go to an office or, sign with a notary, hundreds of documents. This can ruin the borrower’s entire loan experience.”
Elevated Title wants the closing process to be as easy and streamlined as the tech-driven online lending process. The national title company prides itself on its innovative technology and its ability to streamline the closing process for its lending partners and borrowers.
“Lenders are only as good as their closing process, we are so excited that lenders are finally realizing the value of partnering with a centralized, tech-driven title partner and are able to utilize our online, streamlined model,” said Brian Lemke, executive vice president at Elevated Title. “Borrowers using tech-driven lenders want the same streamlined process from their title company. Elevated Title is the perfect partner for tech-conscious national lenders.”
Liberty Title and Allegiance National Merge to Become Elevated Title
The two companies combine to become one of the largest independently-owned national title companies in the United States
SALT LAKE CITY/MAY 9, 2017— Georgia-based Liberty Title and Texas-based Allegiance National have merged into one national title processing company known as Elevated Title, effectively immediately. The merger will allow Elevated Title to provide a higher caliber of customer service to lenders, real estate agents and home buyers by utilizing technology to bring the title industry to the next level.
“We are thrilled to be joining forces with Allegiance and look forward to introducing Elevated Title nationally,” said Sally Farrar, CEO of Elevated Title. “The addition of Allegiance National and its team members provides Elevated with leadership and industry knowledge that is unmatched.”
With this merger, Elevated Title will become one of the only privately-owned, national title companies in the United States. While most title companies claim to operate nationally, they are not licensed in all states and contract with other title companies to process transactions. Elevated Title is licensed to conduct business in 48 states and has locations in Georgia, Texas and Utah.
Our ability to provide true national coverage allows our lender clients to build strong relationships with Elevated team members, no matter their loan location. Our cutting-edge, eSign and live-update technology makes Elevated Title an industry leader from go,” said Brian Lemke, executive vice president of national sales & marketing.
Liberty Title was founded in 2002 in Kennesaw, Georgia. Its team has more than 50 years combined experience in the title industry.
Allegiance National was one of the fastest-growing real estate title companies in the country, with a leadership team of successful title professionals representing decades of title experience.
Elevated Title will be led by Farrar as CEO and Kelly Ogden as president, with Dan Gaudreau as executive vice president of national operations, Lemke as executive vice president of national sales & marketing and Corey Hulbert as executive vice president of business development.
“This merger will allow us to offer the best services while combining industry experience and cutting-edge technology,” said Ogden.