What is eClose assist? eClose assist allows for a limited amount of documents to be signed in the presence of the Notary or Settlement Agent with the remaining of the closing package to be electronically signed from the borrower’s home computer.
For any questions, email us at eClose@fairwaymc.com
There is no training is required to get started. Settlement Agents will receive a link in their closing package from Fairway to access their electronic documents.
"The Settlement Agent will use a tablet, laptop or desktop to facilitate a Hybrid eClosing with borrower(s) at settlement using a secure Internet connection."
Identify eligible loans and update the closing type on the Origination Summary screen in Encompass.
Borrowers will review and sign documents at Settlement. Currently, borrowers do not have access to review or sign prior to meeting with Settlement Agent or Notary.
Mobile notaries will use the link in the closing package from Fairway to access the borrowers electronic documents with borrower at signing.
Loan Officers are encouraged to discuss eClose preferences with borrowers and make the SettlementAgent aware.
Closing Center is live and ready to use for ExpressClose transactions in all states.
Anytime prior to closing documents being drawn, you can notify your closer and update closing type inEncompass.
There is not a cost to the branch, Settlement Agent, or borrower to eClose.
Both Purchase transactions as well as Refinance transactions are eligible.
Documents automatically drop into Encompass once they are fully eSigned.
eClosing is currently supported on any tablet, desktop or laptop. A smart phone is not enabled.
Go to the mortgage technology page for resources and fliers that can be uploaded to FairwayMyWay and customized.