Rexera (fka InspectHOA) Introduces Mortgage Payoffs Solution

InspectHOA introduced a new mortgage payoffs solution that leverages a database comprised of mortgage lenders nationwide.

According to InspectHOA, each lender’s ordering process is incorporated into the system, which assigns the order date based upon the closing date to ensure the payoff is valid at the time of closing. Authorization is only requested if necessary and, in situations where a closing is postponed, the ordering date is automatically pushed back as well.

“InspectHOA strives to be the premier provider of multiple streamlined title and closing processes,” said Anton Tonev, co-founder of InspectHOA. “We’re using a combination of AI technology, robust and continuously updated databases and a team of professionals proficient with the entire settlement process to help title agents streamline their operations. The mortgage payoffs solution clears yet another traditional chokepoint in the title agency workflow, allowing employees to spend more time with customers, providing a superior customer experience, leading to higher referral rates and increased market share.”

This article originally appeared on ALTA.org and is republished here courtesy of ALTA.