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Digital closing provider Snapdocs on Tuesday announced a new integration between its eClosing platform and Vesta, a next-generation loan origination system (LOS) and a provider of mortgage origination software.
With Snapdocs powering one in four U.S. real estate transactions, this integration lets mutual customers manage the full closing process directly within the Vesta LOS. It’s designed to streamline workflows, cut manual work and speed closings from origination to final signature.
“Our partnership with Snapdocs reinforces Vesta’s commitment to equipping lenders with a flexible, API-driven platform that streamlines every stage of the loan origination process,” said Mike Yu, co-founder and CEO of Vesta. “By integrating Snapdocs’ digital closing infrastructure directly into Vesta, we’re enabling lenders to drive greater efficiency and reduce manual processes.”
The integration allows lenders to initiate and manage the full closing process within Vesta, including sending and receiving documents, collecting borrower signatures, handling redraws and tracking real-time status updates.
It also supports redraws when loan terms change, helping ensure accuracy without additional steps.
“Closing a mortgage is a complex, fragmented process that can create risk, inefficiency, and a poor borrower experience,” said Michael Sachdev, CEO of Snapdocs. “By integrating Vesta with our digital closing infrastructure — including advanced eClose capabilities, CD Balancing, automated Funding and Post-Close Quality Control, and an eVault — we eliminate that friction.
“This partnership underscores our commitment to helping lenders build a modern, connected technology stack, and together with Vesta, we’re setting a new standard for how closings should operate.”
Tuesday’s announcement is just another development in Vesta’s collaborative endeavors. At the start of the month, Pennymac Financial Services Inc. announced its long-term minority equity stake in Vesta.
In addition, Pennymac became the first major mortgage client to go live on Vesta’s platform.
