RON

Remote Online Notary (RON) eClosing — All closing documents are digital and eSigned, and the lender’s promissory note and any documents that require notarization (deed, mortgage, etc.) are eSigned as part of an online video session between the notary public and the buyer/seller/borrower. In the online video session, the notary interacts with the consumer in real time while the consumer eSigns documents. The notary then eNotarizes the relevant documents using a digital notary seal and the notary’s eSignature. The rest of the closing documents, which do not need to be notarized, are digital and can be eSigned without a notary being physically present.