Full-Time
Digital platform for mortgage closings
$130.1k - $201.3k/yr
Junior, Mid
Remote in USA
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Snapdocs operates in the real estate sector, focusing on digital mortgage closings. The platform enables lenders, title companies, and notaries to manage and complete mortgage closings online, replacing the traditional paper-heavy process with a faster, more efficient, and secure digital solution. Snapdocs integrates with existing systems, particularly benefiting lenders using Ellie Mae, a leading mortgage software provider, to offer seamless digital closings. The company follows a Software as a Service (SaaS) model, charging subscription fees based on service levels and transaction volumes. As the demand for online real estate transactions grows, Snapdocs aims to simplify the closing process for all parties involved.
Company Size
201-500
Company Stage
Series D
Total Funding
$253M
Headquarters
San Francisco, California
Founded
2012
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Unlimited Paid Time Off
Life Insurance
Disability Insurance
Snapdocs, the mortgage industry's leading digital closing provider, today announced the availability of two new capabilities: Quality Control (QC) and Trailing Document Management.
Snapdocs announced a collaboration with Zions Bancorporation to digitize the lender's mortgage closings.
Digital closing provider Snapdocs is partnering with real estate technology provider SitusAMC to integrate the Snapdocs eVault to SitusAMC's ProMerit platform, a warehouse lending technology tool, the companies announced on Thursday.
SAN FRANCISCO--(BUSINESS WIRE)--Snapdocs, the mortgage industry’s leading digital closing provider, today announced a partnership with SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform. The partnership allows warehouse lenders to manage eNote transactions seamlessly and securely from within their warehouse lending system of record, enabling them to scale eNote adoption with confidence and ease. "Today, eNote adoption by mortgage originators is just under 10%, and projections indicate it will reach nearly 30% of all new loan originations within a few years. To support this growth, warehouse lenders need to manage eNotes at scale,” said Camelia Martin, Vice President of eMortgage Strategy at Snapdocs. “Most large warehouse lenders are not realizing the efficiency benefits of eNotes, and our partnership with SitusAMC equips them to manage eNotes from within their existing systems and capture these benefits. This will enable warehouse lenders to better serve the needs of their customers.”
Snapdocs, a digital closing provider for lenders, released new research that shows lenders using its eClosing platform are 18 days faster than industry peers across the loan production timeline - from loan application through delivery to the secondary market.