Stewart Title and Mountain America Credit Union have partnered to electronically close an FHA loan for the first time ever at a Utah title office. The companies conducted the closing using Mountain America’s eClosing platform powered by Stewart’s eClosingRoom technology, in conjunction with DocuMagic Inc. eSign compliant loan documents.
Glenn Clements, group president of direct operations for Texas-based Stewart, said his company was absolutely “thrilled” to join with Mountain America in making history.
“Today marks two very momentous transactions in Utah and for the real estate industry as a whole,” Clements said.