The new functionality not only enables documents to be electronically signed, speeds up application processes and helps reduce paper consumption, but also uses geolocation data and time stamps to authenticate the identity of document signers.
It also offers digital read receipts to meet government requirements.
This follows Burrow adding two modules to its platform in late April this year.
Burrow founder Pradeep Raman comments: “Application processes are often delayed due to complications in administrative procedures such as the signing of documents. Such obstacles can be that a person has limited access to a printer or cannot keep an agreed appointment for an appointment – both of which end up wasting the consultant and the customer’s time.
“E-signatures overcome these barriers and make the application process quick and easy. After the pandemic, people are ready to take technology and use it to improve the whole mortgage process. “