In this year’s Voice of the Title Agent survey, more title companies said they are performing eClosings. Nearly two-thirds of respondents (66 percent) said they are already doing eClosings, an 8 percent increase compared with 2024.
Meanwhile, 14 percent shared they are pretty close to being ready to conduct eClosings, a figure that is 4 percent lower than in 2024.
Ten percent answered that they expect to be ready to handle eClosings in the next 12 months (a 2 percent decrease from 2024) and an additional 10 percent said they were not even close to being prepared to do eClosings (down 2 percent from 2024).
Commentors had mixed opinions about the eClosings process. For example, one respondent said, “eClosings do not apply with senior market,” and another wrote that eClosings “have their own challenges.”
Another respondent said eClosings have slowed as the refinance market has cooled.
Read the full story in the 15th annual Voice of the Title Agent report, available here as a free download.