Kind Lending is excited to continue building and innovating the homebuyer experience to provide a kinder mortgage experience. Kind Lending has launched the Hybrid eClose to compliment the already streamlined process offered.
What is a Kwik eClose?
A hybrid closing is a type of electronic closing (eClosing) that combines electronic and wet-ink signatures. During a hybrid closing, some documents are signed electronically, while others are signed in person with a pen and ink, also known as a "wet signature".
Here are some characteristics of a hybrid closing:
Non-notarized documents, such as the loan estimate, closing disclosures, and completed loan application, can be signed electronically before the closing.
Hybrid closings can save time because less paperwork needs to be signed during the in-person meeting.
Signers can review their documents at home before the closing and ask questions.
Documents that require notarization, such as the security instrument and promissory note, are signed in person with a pen and ink.
Do you have questions about Kwik eClose? Connect today with a Kind Lending mortgage loan officer. Click Here.