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Snapdocs

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Last updated on

Company health

Employee growth
3% increase in the last year
Web traffic
16% decrease in the last quarter
Financing
December 2020 - $253M

Ratings

G2
4.4/5
(22)
Glassdoor
3.6/5
(144)

Snapdocs description

Snapdocs is a digital closing platform for the mortgage industry, designed to simplify and streamline the closing process for lenders, title companies, and borrowers. It offers tools for eClosings, eNote management, and notary coordination. Through automation and integrations with other mortgage software, Snapdocs aims to increase efficiency, reduce errors, and improve the borrower experience. It boasts a large network of settlement partners and is used by many large lending organizations.


What companies are using Snapdocs?

Priority Title is using Snapdocs
Priority Title
Legacy Mutual Mortgage is using Snapdocs
Legacy Mutual Mortgage
Zapier is used by Priority Title, Legacy Mutual Mortgage.

Who is Snapdocs best for

Snapdocs is a digital closing platform simplifying the mortgage process for all parties involved. Users praise its easy-to-use interface, seamless Encompass integration, and excellent customer support. Some users have noted notary payment issues and limited investor eNote acceptance. Snapdocs streamlines closings, automates workflows, and enhances the borrower experience.

  • Excellent fit for businesses of all sizes, from small startups to large enterprises.

  • Ideal for mortgage lenders, title companies, and signing services in the real estate, finance, and legal sectors.


Snapdocs features

Supported

Snapdocs offers eClosing functionality, digitizing various loan and closing types.

Supported

Snapdocs provides eVault functionality to securely store, maintain, and transfer eNotes.

Supported

Snapdocs offers Notary Connect to streamline the notary process, connecting lenders and notaries.

Supported

Snapdocs automates the closing process, saving time and money, and improving the borrower experience.

Supported

Snapdocs facilitates seamless and efficient settlement processes.

Supported

Snapdocs offers integrations with various systems.

Supported

Snapdocs streamlines hybrid closings, allowing for both electronic and paper processes.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+1

Snapdocs reviews

We've summarised 22 Snapdocs reviews (Snapdocs G2 reviews) and summarised the main points below.

Pros of Snapdocs
  • Easy-to-use interface praised for its user-friendliness.
  • Seamless integration with Encompass simplifies closing processes.
  • Excellent customer support and implementation experience.
  • Faster closing times and reduced errors due to automation and digitization.
  • Improved borrower experience with document preview and real-time updates.
Cons of Snapdocs
  • Notaries complain about payment and profile update issues.
  • Limited investor acceptance of eNotes restricts full eClosing utilization.
  • Frequent interface changes and removal of free features force paid upgrades.
  • Lack of direct LOS integration requires intermediary systems.
  • Inconsistent adherence to upload instructions by closing agents leads to disorganized packages.

Snapdocs alternatives

  • Logo of SimplyAgree
    SimplyAgree
    Effortless legal closings: simplified signing, binders, and exhibits.
    Read more
  • Logo of SIGNiX
    SIGNiX
    Secure, verifiable e-signatures, stored in the document itself.
    Read more
  • Logo of eClosing by Snapdocs
    eClosing by Snapdocs
    Simplifies digital mortgage closings, improving efficiency and borrower experience.
    Read more
  • Logo of Qualia
    Qualia
    Streamlines real estate closings, connecting everyone for a smooth experience.
    Read more
  • Logo of Maxwell
    Maxwell
    Modern mortgage platform simplifying lending from origination to close.
    Read more
  • Logo of SoftPro
    SoftPro
    Closing and title software streamlining real estate transactions.
    Read more

Snapdocs FAQ

  • What is Snapdocs and what does Snapdocs do?

    Snapdocs is a digital closing platform streamlining the mortgage process for lenders, title companies, and borrowers. It offers eClosings, eNotes, and notary coordination, automating workflows for faster closings and improved borrower experience. Snapdocs integrates with existing systems and boasts a wide network of settlement partners.

  • How does Snapdocs integrate with other tools?

    Snapdocs integrates with various systems, including loan origination systems (LOS) and other mortgage software, to streamline the closing process. It also offers a large network of settlement partners for easy notary coordination. This facilitates a seamless workflow and enhances the overall closing experience.

  • What the main competitors of Snapdocs?

    Top Snapdocs competitors include Qualia, SoftPro, and Maxwell. These platforms offer similar functionalities like eClosing, automated workflows, and integrations for a streamlined real estate closing process. SimplyAgree and SIGNiX also provide e-signature and closing solutions.

  • Is Snapdocs legit?

    Yes, Snapdocs is a legitimate digital closing platform widely used in the mortgage industry. It's known for its easy-to-use interface and efficient closing process. However, some users have reported issues with notary payments and evolving features.

  • How much does Snapdocs cost?

    Snapdocs doesn't publicly disclose pricing information. Contact their sales team for a customized quote based on your specific needs and to determine if Snapdocs is worth the investment for your business.

  • Is Snapdocs customer service good?

    Snapdocs' customer service receives mixed reviews. While many users praise the excellent support and smooth onboarding experience, some notaries report difficulties with payments and communication. Overall, the feedback suggests that the customer experience varies.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.