Pavaso, a leader in digital mortgage closing technology, announced that Norcom Mortgage, the largest independent purchase mortgage lender in Connecticut, will use its all-in-one digital mortgage closing platform, making Norcom the first Connecticut-based lender to offer electronic mortgage closings to its customers.
Pavaso’s platform will be utilized through Norcom’s new eClosing process, Swift Sign.
“By maintaining a true, 100 percent digital loan process, our borrowers will see drastic improvements over the traditional paper mortgage process while Norcom’s processes become more efficient,” Norcom Mortgage Operations Manager/Senior Vice President Mike Dimech said in a release. “We look forward to growing our partnership with Pavaso while enhancing the customer experience for our borrowers.”
Pavaso said its platform is the first end-to-end digital solution that simplifies the homebuying process for every stakeholder in a closing transaction. Pavaso’s platform is a complete, all-in-one digital mortgage closing solution with a full suite of products connecting all stakeholders in one unified place. It delivers everything needed to conduct seamless digital closings.
Pavaso said its platform brings everyone into one portal for the transaction and provides an unmatched level of process management. The platform facilitates stakeholder collaboration, enabling for the creation of lasting relationships with consumers, the release said.
“The world is evolving technologically, and the mortgage industry needs to continuously work to avoid falling behind,” Pavaso CEO Mark McElroy said. “With the ongoing upgrades and advancements Norcom is making, they will continue to be leaders, not just in Connecticut, but also in the mortgage industry as a whole. Pavaso is proud to work alongside them to help to facilitate their digital transformation.”