eClosing in Vermont
Vermont laws support eClosings, which basically means that lenders, real estate agents, home buyers and sellers can perform online mortgage closings and title transfer-related formalities digitally. The note and other relevant documents can be signed, stored and recorded electronically in a remote online closing in Vermont. Remote Online Notarization (RON) made its way into the state’s real estate industry after Vermont implemented the law in this regard in July, 2019.
eClosing.com offers a full range of eClosing services, enabling lenders to offer their borrowers a fast mortgage closing and at the same time, reduce turn times on the secondary market substantially (from 2-3 weeks to a day or two).
Similarly, real estate agents, home buyers and sellers enjoy a secure title transfer in a perfectly coordinated manner – anytime, anywhere at their own convenience in less than 15 minutes. This saves money and time otherwise wasted on travel, paperwork and coordination required among different parties for signing a bunch of documents.
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eClosing at a Glance in Vermont
Both electronic and Remote Online Notary is allowed in Vermont. It means that e promissory note and other documents can be notarized using audio and video communication technologies such as a webcam. So if you are buying a home from any part of the country or even overseas, you simply need a laptop/PC with camera for eVerification and eSignature.
Electronic Notary (e-Notarization):
Remote Online Notary (RON):
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.
Ready to digitally close, reach out to one of our representatives today!
Buying or Selling a Home in Vermont with eClosing
If you love to live in a close-knit community with strong social ties among residents, you should definitely consider buying a home in Vermont.
The good news is that you can buy your dream home in Vermont from anywhere in the world. Remote online closing makes this possible. As long as you have access to a laptop or PC with a webcam, you can close on your dream home in Vermont remotely online.
Not only buyers and sellers, real estate professionals and mortgage lenders can also leverage eClosing and provide their customers a seamless closing experience. Lenders can substantially reduce the amount of time it takes to sell to secondary markets after transitioning to hybrid or full remote online mortgage closing (from 2-3 weeks to a day or two)
If you want us to help you take the plunge and make this transition, we would be more than happy to assist you. Our solutions can be customized and easily integrated with your existing mortgage origination and closing system.
Anywhere, anytime eClosing in Vermont
As already mentioned, we provide eClosing services in all cities, towns and counties. Here are some of the places where you can get online closing services from eClosing.com when buying or selling homes:
Grand Isle County
Don’t see the place listed above? Don’t worry! Just get in touch with us for an online closing for anywhere in Vermont.
The Future of Closing Is Digital
Gain a competitive edge in the real estate market and deliver a seamless online experience for customers with our fast and secure online closing services today.
Book a no-cost, no-pressure discovery call with our eClosing specialists now to learn more!