Reverse mortgage service provider Bay Docs, LLC, is integrating with Premier Reverse Closings (PRC) for title services, Bay Docs recently announced.
PRC is a national title and settlement company that specializes in reverse mortgages.
The latest move is part of Bay Docs’ ongoing expansion of its web-based Reverse Express Loan Origination System (LOS). In December, Bay Docs announced it had added FirstBank to its reverse mortgage origination system.
“Accessing services directly from our interface saves our customers time and provides a more seamless transaction,” says Megen Lawler, CEO and founder of Bay Docs, in a statement. “Our goal is to integrate with any third-party service to enhance the user experience.”
The integration provides users with the ability to get specific title-related fees down to the county level. It also provides a mechanism for ordering title, communicating with the settlement team and downloading a host of other title-related documents.
“Technology and integration is the future for our industry and we are excited to be at the forefront alongside Bay Docs,” says Megan Hafenstein, vice president of business development for Premier Reverse Closings. “PRC’s business is 100% dedicated to the reverse mortgage product and together we can alleviate some of the burden from our customers by removing dual entry, eliminating manual entry errors, auto-populating accurate fees and expediting turn times all around.”
Written by Cassandra Dowell