AnnieMac Home Mortgage selects Snapdocs to scale digital mortgage closings

One of the fastest growing real estate lenders seeks to increase operational efficiency and improve borrower experience with digital closeout platform and eVault.

MOUNT LAUREL, NJ, October 12, 2022 /PRNewswire/ — AnnieMac Home Mortgage (AnnieMac), one of the nation’s fastest growing home lenders, today announced its selection of Snapdocs to scale eClosings as it transitions to a digital mortgage process. By using Snapdocs to manage all electronic closures, AnnieMac will increase operational efficiency and dramatically improve the experience of its borrowers.

“We were introduced to Snapdocs by Lenders One as their members’ preferred e-fence provider. We chose the platform because of its robust e-fence technology and outstanding reputation with title partners for a exceptional customer support and expertise Snapdocs will enable AnnieMac to grow our eClose footprint and deliver a superior borrower experience at the closing table,” said Stephanie Zinsmeister, Executive Vice President of Operations, Annie Mac Home Mortgage. “Customer service is our business, and Closing is the last impression of AnnieMac that our borrowers form. Our partnership with Snapdocs will ensure that our eClosing experience is always excellent and that we exceed our customers’ expectations.”

AnnieMac is an independent mortgage lender dedicated to delivering “more” – a commitment it demonstrates by investing in products, services and technology that add value to its customers, team members and partners. . This goal is exemplified in AnnieMac’s strategic initiative to transition to digital fencing, which includes wet and hybrid fencing with eNote and full Remote Online Notary (RON) fencing.

AnnieMac selected Snapdocs’ digital fence platform, along with Snapdocs eVault, to scale AnnieMac’s digital fence footprint and realize the company’s potential for digital mortgage programs. Snapdocs will create a standardized process for every close, regardless of settlement partner, loan type, or region, to increase operational efficiency, maximize transparency between all parties, and reduce the time it takes to generate loan packages. Borrowers will preview and sign closing packages prior to closing to reduce errors and benefit from much shorter closing appointments. AnnieMac will also benefit from a hand-in-hand partnership with the experts at Snapdocs who have implemented over 120 lenders on digital fences, scaling many of them for full adoption, to ensure success.

“Snapdocs is a trusted preferred partner of Lenders One because of the team’s ongoing dedication to customers, ability to help customers scale, and proven track record of digital e-fence success,” said Jason Wright, Senior Director of National Programs and Electronic Mortgage Services at Lenders One. “We are thrilled that AnnieMac is taking the next steps in her digital mortgage journey and know she is in good hands with Snapdocs.”

AnnieMac will also use Snapdocs eVault, an eVault specifically designed for mortgages and designed to scale eNotes, to create and store eNotes. Borrowers will electronically sign the closing documents, including the e-note, and Snapdocs will automatically store the e-note in the secure vault, register the note with MERS®, and enable instant delivery to all their counterparties.

“In today’s competitive buying market, lenders must embrace digital fencing as a key strategy to help them reduce errors, increase profitability and improve customer satisfaction,” said Jeff Jones, Sales AVP, Snapdocs. “Lenders like AnnieMac are key to driving the mortgage industry forward and demonstrating the many benefits of digital fences for employees and borrowers, as well as settlement and secondary market partners. We are excited to be a partner in the journey. AnnieMac’s digital mortgage and showcase the critical role technology plays in streamlining home buying now and in the future.”

About the AnnieMac Residential Mortgage

American Neighborhood Mortgage Acceptance Company, LLC (NMLS No. 338923), doing business as AnnieMac Home Mortgage, is a full-service mortgage lender, headquartered in Mount Laurel, New Jersey. We offer our customers a wide range of contemporary loan products that help make home ownership more affordable. Because our loans are processed and underwritten in-house, our customers and business partners can expect fast turnaround times and the exceptional service they deserve.

As an authorized seller/repairer with Fannie Mae, Freddie Mac and other government-sponsored entities, as well as numerous private investors, AnnieMac has access to a wide range of mortgage programs, including loans insured by the government and nonconforming mortgages.

Since our inception 12 years ago, AnnieMac has become one of the fastest growing real estate lenders in the industry. We currently employ approximately 950 team members with 90 locations nationwide.

AnnieMac Home Mortgage is an equal housing lender. For more information, please visit www.annie-mac.com.

Find Annie Mac on LinkedIn

About Snapdocs

Snapdocs is the mortgage industry’s leading digital closing platform. Powering millions of fences every year, Snapdocs combines an open platform, patented AI technology, the largest settlement network, and a team of industry experts to drive digital fence success. Our proven approach enables leading lenders and title companies to automate the closing process and turn it into a competitive advantage. By using Snapdocs, lenders and title companies close more loans for less while delivering the modern, reference-worthy digital experience borrowers expect. For more information, please visit www.snapdocs.com.

Media Contacts

Contact Annie Mac
Stephanie Zinsmeister
[email protected]

Contact Snapdocs
Sarah Pallas
[email protected]

Quote

View original content: https://www.prnewswire.com/news-releases/anniemac-home-mortgage-selects-snapdocs-to-scale-digital-mortgage-closings-301646598.html

SOURCE AnnieMac Residential Mortgage

About Daisy Rawson

Check Also

Amir Mehr ’92 Honored with Distinguished Alumni Award

By Lea Hart Amir Mehr’s time at North Carolina State University was not just a …