What is an eClosing?
An eClosing (electronic closing) takes place when some (or all) of the closing documents are signed electronically.
What is remote online notarization (RON)?
A remote online notarization (RON) happens when the signer is not in the same physical location as the notary. In a RON transaction, live two-way audiovisual technology (such as a webcam) is used to complete a notarial act in accordance with Chapter 406, Texas Government Code.
How does remote online notarization work?
Both the signer and notary must access an approved RON platform where documents are uploaded. The technology must provide audiovisual capabilities set forth by Texas Statute so the notary and borrower can see and hear each other. Once the notary verifies the signer’s identity, the signer and notary both sign the document electronically, and the notary affixes an electronic seal.
What RON platforms will National Investors utilize?
The vendor compliant solution is Notarize.
For additional information about RON please visit the National Investors resource page.
Whom can I contact to schedule a RON closing or discuss how to become an online notary?
Contact the National Investors RON team here: RON Contact
RON services are only available to National Investors agents and may contain blackout dates and availability restrictions. Agent agrees to a RON service charge fee paid to National Investors upon completion of closing. National Investors does not guarantee signing parties are capable of completing electronically a RON transaction. Agent will coordinate securing RON closing date with borrower and providing documents to National Investors one to two days prior to agreed upon date and time of services. Agent is responsible for obtaining written consent to RON from all parties and verify with county clerk that RON documents are accepted. National Investors will invite agent's closer as an observer and for purposes of obtaining additional access to executed documents upon request.