Quick reference for documents to print
Consumer esign status: complete, print:
- WET SIGN PACKAGE
Consumer esign status: incomplete, print:
- ESIGN PACKAGE
- WET SIGN PACKAGE
Consumer esign status: opted out, print:
- ESIGN PACKAGE
- WET SIGN PACKAGE
What is a hybrid?
A hybrid closing is one in which the consumer has the option to esign non-critical, non-notarized documents. eSigning typically takes place before meeting with a settlement agent or notary to finalize the closing. This means that signing appointments typically take less time and require fewer pages to be printed.
How does Snapdocs handle a hybrid closing?
Snapdocs works directly with lenders or settlement companies to understand which documents can be esigned and which need to be wet-signed. When a hybrid closing package is uploaded to Snapdocs, we use technology to split the package into three new packages:
- eSignable - this package contains all of the pages that the consumer will have the ability to esign before the appointment.
- Wet-signable - this package contains all of the pages that must be signed with pen and paper and/or notarized.
- Consumer’s preview - this package will be available to the consumer to review before they sign anything. This gives them the ability to check information and ask any questions before their appointment. We leave things like escrow instructions out of the consumer’s preview.
Lenders and settlement companies have different rules about when esignable documents can be esigned. Some allow docs to be esigned as soon as the TRID period is over and some require that esigned docs are signed on the same day as the wet signing appointment.
How should I prepare for a hybrid closing signing appointment?
When you’re assigned to a hybrid closing, you’ll be reminded in the confirmation email:
When you view the order online, you’ll be able to see that both the wet sign package and the esign package are available to review:
When you view the order online, you’ll be able to see that both the wet sign package and the esign package are available to review:
When you confirm the appointment with the consumer you should encourage them to esign before your appointment. You’ll receive an email when consumers finish esigning but you can also log-in to Snapdocs to check the esign status of any closing.
- If the consumer has not completed esigning before your appointment you should make sure that they sign the docs in both the “eSignable” and “Wet signable” packages.
- If the consumer has completed esigning before your appointment you should only have them sign the docs in the “Wet signable” package.
If the consumer’s esign status is complete, you only need to download, print, and have the consumer sign the WET sign package.
Otherwise, if the consumer’s esign status is incomplete or opted out, you need to download, print, and have the consumer sign both the ESIGN and WET packages.