Wolters Kluwer Financial Services Simplified Mortgage™

Help your borrowers better understand closing documents, reduce recording fees, and improve the loan closing experience!

The Wolters Kluwer Financial Services Simplified Mortgage™ is an innovative U.S. patent-pending approach to the creation and delivery of today’s uniform real estate security instruments that helps lenders and borrowers close mortgage and home equity loans quicker and easier. A lender can break a recordable mortgage document into two components reducing recording fees while improving overall borrower understanding and satisfaction.    

• Recordable instrument. A three-page document that is compliant with regulatory requirements for mortgage filing in 51 U.S. jurisdictions and easier for borrowers to understand and sign at closing.
  
  
• Non-recordable supplement. This document contains all the covenants found in today’s security instruments that are customary and advisable between the lender and the owners of the property. 
  

With the Wolters Kluwer Financial Services Simplified Mortgage, you’ll benefit from: 

• Streamlined closing processes
• More informed borrowers resulting in an improved closing experience
• Convenience of paper or electronic mortgage documents
• Substantial cost savings in recording fees with every transaction
• Easy implementation and integration into most lending systems