San Diego, CA – CalCon Mutual Mortgage LLC dba OneTrust Home Loans (“OneTrust”), a national mortgage and balance sheet lender/servicer headquartered in San Diego, CA, is excited to announce the closing of their first eNote, a major milestone in supporting a fully digital mortgage experience. OneTrust has been added to the approved list of MERS® vendors, allowing the lender to close, fund, and service eMortgages.
In response to this milestone, OneTrust President, Shane Erskine, said, “This is a victory for OneTrust Home Loans, in the midst of this pandemic our motivation was to better the borrower experience, giving them options of how they would like to close their loan, while allowing the company to improve internal efficiencies. We’re excited to be working with innovative technology like eNotes and to be taking the next step towards a fully digital mortgage experience”
eNotes are a promissory note in electronic form that complies with an investor’s requirements and is registered with the MERS® eRegistry. As the popularity of a totally digital mortgage experience continues to rise, the convenience and efficiency of a digital note means that lenders can reduce costs that often are passed on to the borrower.
About OneTrust Home Loans
OneTrust Home Loans is a privately-owned Agency direct lender and servicer licensed in 49 states and US Territories with sales and operations across the country. In addition to the standard loan options like Conventional, FHA, VA, USDA, and Jumbo, OneTrust originates a significant amount of residential, commercial and construction loans to hold on its sister company’s balance sheet. OneTrust sources the majority of its business through its retail and builder channels. OneTrust Home Loans places special importance on customer service as evidenced by their tagline, Service is Everything!® For additional information visit www.OneTrustHomeLoans.com.