Simplifile for lenders
Collaboration and post closing
Learn how Simplifile connects lenders and settlement agents in one simple, secure platform – saving everyone time and money.
Be as “e” as you can be
With our services, you work electronically with settlement agents on documents and fees throughout the loan lifecycle, they send documents to counties for eRecording, and you receive final documentation and fees automatically. All data is in one place to reduce errors and save time.
Learn about the services we provide for lenders
Pre-closing
Work with settlement agents on documents and disclosure data in Simplifile. Easily upload documents, make changes, respond to updates, and manage deficiencies on specific documents or fees. Since you’re both working in one place, you never worry about errors and setbacks from miscommunication.
Efficient document collaboration
As you prepare for closing, share, receive, and track progress of documents securely, including title requests, commitments, invoices, and closing instructions.
Closing disclosure fee collaboration
Receive quick and consistent fee information. Control disclosure data sharing and reconciliation.
Live communication
Chat on specific documents and fees, and eliminate manual comparison for changes and edits. With configurable notifications and real-time visibility into each other’s processes, you save time and confusion when discussing changes, updates, and deficiencies.
LOS integrations
Simplifile has integrations with industry-leading Loan Origination Systems so you easily and quickly sync documents and updates to and from your system.
Security and audit trails
You have access to a complete audit trail of every action taken on the loan by both your staff and settlement agents. All data is safely backed by Simplifile’s fully-encrypted, high-security standards.
Closing
As a bridge between you and your settlement agents, notaries, and counties, Simplifile provides a standardized platform for document delivery, recording eligibility, and settlement agent coordination for all closing types — ink, hybrid, and fully “e.” Best of all, we set up, train, and support your settlement agents and notaries to reduce overhead.
Standardized platform
Simplifile is a standardized platform for document delivery, recording eligibility, and settlement agent coordination for all closing types — ink, hybrid, and fully “e.” Settlement agents no longer need to worry about multiple closing system logins to review closing instructions and documents or connect to the eClose platform.
Settlement agent and notary success
Simplifile’s focus on setup, training and support of settlement agents and notaries ensures that each transaction can be expertly completed. Simplifile closing is free for settlement agents and notaries.
Real-time county eEligibility
As lenders evaluate investor and underwriter acceptance, it’s essential to know if eNotarized documents will be accepted by the county. Simplifile eEligibility provides real-time guidance on recordability of eNotarized documents.
Transparency
Simplifile provides transparency throughout the closing process. From order pick up notifications to real-time borrower eSign status, every part of the transaction is visible.
Streamlined access
Simplifile gives streamlined visibility into transactions through direct links and QR codes for quick transaction status.
Operational efficiencies
From ink package uploads to an in-person electronic notarization (IPEN) solution and coordination of remote online notarization (RON) transactions, Simplifile streamlines the closing process.
Post closing efficiencies
Trailing documents, including ink-signed package, recordings, actual recording fees for quick reconciliation, and final title policies are tracked and returned electronically.
Recording
Easily save time and money by recording all of your documents online with Simplifile, the nation’s largest eRecording network. After county review and approval, documents are quickly stamped and recorded for public record. Say goodbye to mail and trips to the courthouse.
The nation’s largest eRecording network
Thousands of county recording offices along with many treasury and auditor offices accept documents from Simplifile.
Time and money savings
Conveniently submit documents for recording and pay fees right from your desk. eRecording reduces the amount of time needed to record documents and saves money by eliminating the need for checks, postage, ink, paper, and envelopes.
More document types
Simplifile supports the largest variety of recordable documents.
Millions of land records already recorded
Simplifile has been a pioneer of eRecording since 2000. We have recorded millions of land records in thousands of counties across the nation.
Increased security
Since documents are electronically transmitted via Simplifile’s secure, encrypted network directly to the county, there’s no fear of being lost in shipping or courier. You have full control over the recording process.
Detailed audit trails
Every detail of your recordings on a daily, weekly or monthly basis are available for instant download. Reports are configurable and may be sent automatically.
Post closing
Follow the real-time status of your loan from the return of the signed package after closing through the recording process, including trailing documents. Avoid costly mail and follow-up expenses by receiving closing and recorded documents, final fees, and final title policy electronically from the settlement agent.
Automatic delivery of recorded documents, final title policy, and fees
Completed trailing documents are electronically delivered to you immediately after recording. No more back and forth with settlement agents to track down missing documents.
Streamline fee reconciliation
Simplify Section E fee reconciliation with actual recording fees and transfer taxes broken down by document type from Simplifile.
View recording status
Simplifile gives you complete visibility into the recording process. You receive status updates, including rejection reasons should they occur. Notifications and activity alerts are fully configurable.
Audit trail and reporting
View all Post Closing communication and transactions in one place.
Recording estimates
You receive estimated recording time, fee, and transfer tax once documents are sent to the county for eRecording.
Servicing
Automate document creation and processing in one central location. You’ll have access to custom templates to build lien releases, assignments, and other docs at your fingertips. Documents can then be electronically signed and notarized. You’ll reduce data entry and errors while maintaining security and compliance.
Custom document templates
Simplifile offers lien release and assignment templates with the ability to customize and build other supportive documents to fit your needs.
Data entry automation
Simplifile auto-fills common data and extracts data from security instruments, which saves time and reduces data entry. We offer flexible data importing options, system integrations, and the Simplifile API.
Prevent mistakes with document routing and review
Create a customized workflow that automatically sends documents for review, signing, and recording. Automated status changes keep everyone informed.
Electronically sign and notarize
In approved states and counties you can electronically sign and notarize documents. Notary journal entries are automatically generated for each notarized document.
Compliance date tracking
Simplifile calculates the compliance date for all 50 states and prioritizes each document based on those dates.
Trustee services
Use one of our trusted trustee partners or bring your own. Each of your documents are automatically routed electronically within Simplifile to your specified trustee in each state. Trustees sign reconveyances, which are routed back to you to submit to the county.
County requirements validation
With Simplifile, never worry about tracking which counties require a tax ID, legal description, cover sheet, or witnesses. Simplifile tracks county requirements and only requires them when the county needs them.
Power of attorney tracking
Keep track of counties that require a power of attorney (POA). Create and record multiple packages with minimal effort. Later, when creating an assignment, the POA recording information will be added to the document for recording.
How will you use Simplifile?
Let us know your role and we’ll show you how Simplifile can help.
