eClosing in Minnesota

In Minnesota, mortgage closing and other title transfer-related formalities can be performed online without the parties involved in a real estate deal having to be physically present for closing. This became possible with the state implementing Remote Online Notarization (RON) with effect from January 1, 2019.

RON makes it possible for notaries to perform notarial act over the internet using audio/video communication technology such as a webcam. Signers don’t have to be physically present for identity verification. You can have the Note and all types of docs notarized from anywhere in the world with a state-approved notary verifying your identity and getting your eSignatures online. This eliminates the requirement for your physical presence while buying or selling properties in Minnesota. What it basically means is that eClosings are fully legal and the most convenient and cost-effective way of closing on residential and commercial properties in Minnesota.

eClosing.com – a fully authorized and approved platform to perform remote online closings – offers lenders, real estate professionals and home buyers and sellers full-stack online mortgage closing and title transfer services in Minnesota. We help lenders reduce turn times on the secondary markets by implementing digital title transfer process, while home buyers and sellers to close from anywhere in less than 15 minutes.

eClosing at a Glance in Minnesota

Both electronic and remote online notarization have been approved for document signing for real estate transactions in Minnesota. A remote notarization is conducted using audio and video equipment. The signer doesn’t need to be in physical presence of the notary public. The notarization itself considered an eNotarization as the documents notarized are digital and the notary uses electronic signature. What makes electronic notarization different from remote notarization is that in eNotarization, the signer’s physical presence in front of the notary public is mandatory.

RON is the most powerful tool in the eClosing process. By generating eNotes and registering it on MERS eRegistry, lenders can implement either hybrid or fully remote online mortgage closing process. The title can also be transferred and recorded online.

Buying or selling a home with eClosing in Minnesota

If you find the charm of ‘Twin Cities’ irresistible and the cold weather doesn’t bother you, you should definitely consider buying a home in Minnesota. While the relatively higher cost of living in some parts of the state may dissuade you, the opportunity to work in Fortune 500 companies is one of the biggest lures for professionals. The Twin Cities is one of the most concentrated areas in the world for fortune 500 companies. Big corporations such as Target, United Health Group, 3M, Best Buy, General Mills and Land O’ Lakes are headquartered here.

If you are buying or selling a home in Minnesota, eClosing.com can help you close from anywhere in the world. You can close on mortgage electronically, have documents notarized remotely online, and also have your title transferred and eRecorded safely without being physically present for the same.

eClosing.com also partners with lenders in Minnesota and help them transition from paper closings to fully digital closings. Whether you are looking for a hybrid closing solution where certain documents (e.g., security instrument) are printed and wet-signed and then scanned for eRecording or want to full remote online closing solutions, contact us to help you make the transition.
 

Anywhere, anytime eClosing service in Minnesota

We provide eClosing service in all cities, towns and counties in Minnesota. Here are just a few of the places where you can get online mortgage closing and title transfer service in the state:

Minnesota Locations

Ramsey County
Rice County
St. Louis County
Scott County
Sherburne County
Stearns County
Washington County
Wright County

Contact us even if a place is not listed above. We’ve got you covered no matter where you are planning to close on your dream home!