RON Eligibility in Lender Workspace

Available now in Beta and Prod

Purpose of Update and Benefit:

In the April 12th Release Notes we announced a remote online notarization (RON) eligibility feature that helps lenders more easily identify loans that are eligible for RON closings. In this week's release we’ve added improvements to the UI in the lender workspace that will similarily surface information when a loan is RON eligible based on meeting the criteria for eligibility.

New Behavior:

In the lender workspace within the ‘Disclosure & Closing’ tab, LOs will have visibility into the RON eligibility for each loan. Important information will surface to LOs including whether for each criteria, eligibility was met for the loan to be eligible for a RON closing which includes the state, county and underwriter(s) for the loan. In instances where a loan does not meet the eligibility criteria for a RON closing, the information will still surface to the LO and indicate the loan does not meet the criteria.

Additionally, for any loan that meets the following criteria:

• The loan has at least one eligible input in all three categories (state, county, underwriter)

• The loan has not closed

• The loan is not currently a RON closing

a banner will now appear within the lender workspace alerting the LO that the loan is eligible for a RON closing. 

If an LO clicks on the ‘show me’ button, they will be directed to the ‘Disclosure & Closing’ tab which details the eligibility criteria noted above.

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