NO MORE STORING OR MISPLACING FILES
VirtualFile is an online transaction management system. Think of this as a replacement of your physical paper files. This system allows you to build your file in a virtual online format that is not only secure, but helps you maintain compliance with Best Practices and the Consumer Financial Protection Bureau (CFPB).
This SSL encrypted system also allows you to:
- Share and administratively control access to your closing files with all parties (realtors, buyers, sellers, loan originators, processors, etc.) in real time.
- Send secure emails.
- Utilize a clean desk policy.
- Maintain file document retention obligations per underwriter contracts and state law.
- Track who has touched the file, when, how often and for what purpose.
- Market new clients through our communication tools.
- Syncs directly with your software or our cloud hosted SoftPro Select.