OneSpan Vault for Mortgage & Lending
Manage and protect the authoritative copy of digital assets such as mortgages, loans and leases in an electronic vault
Electronically signed mortgages and loans are shifting the financial services industry from paper files to digital assets. Our solution goes beyond e-signing to fully automate your mortgage and lending workflows – from signature to closing through to the secure vaulting of digital assets.
Securely manage, track and store the authoritative, electronic original of loans and leases in a vault
Used by the world’s top banks and lenders and with 15+ years of best-in-class e-signature and vaulting experience
Meets ESIGN, UETA, and UCC Article 9, which set standards for electronic documents that are pooled, sold and securitized
Chain of Custody
Uses the same technology as blockchain to create a chain of secure transaction records throughout the lifecycle of the loan
Some of Our Banking & Lending Customers
Integration and Workflow FAQs
Integration and Workflow FAQs
What systems does the OneSpan Vault integrate with?
OneSpan Vault can integrate with any upstream loan origination, document preparation and e-signature solution. OneSpan partners include Calyx Software, PowerLender, and Lendesk. Learn more about our partner integrations.
What tasks does OneSpan Vault automate?
Together with OneSpan Sign, OneSpan Vault enables the signing and closing of loan packages. This includes receiving and securely storing final documents and audit trails; managing and tracking the ownership and chain of custody of documents throughout the lifecycle of the loan; and transferring notes and contracts to other funding entities.
What types of deployments options does OneSpan Vault offer?
OneSpan Vault offers a wide range of data segregation and deployment options (SaaS in the cloud and on-premises) to meet your IT and business requirements. For example, we support multiple eVault databases on a single registry so that you can easily deploy and manage multiple vaults across your enterprise.
Does the OneSpan Vault support the Tolec Standard?
Yes, OneSpan Vault supports the TOLEC (Transfer of Location of Electronic Contracts) standard to facilitate vault-to-vault transfers of digital assets and enables the control of these assets in accordance with ESIGN, UETA and UCC Article 9. Learn more about the TOLEC standard for digital lending and watch the product demonstration.
Easy to Use
Make it faster and easier for borrowers to accept disclosures and apply for mortgages, loans and leases
Enable borrowers to accept disclosures and e-sign mortgage and loan documents anytime, anywhere, on any device. OneSpan Sign is optimized for desktop and mobile signing right ’out of the box’, and enables you to quickly configure and customize the solution for your needs. That includes white-labeling the solution for your brand at no extra charge.
Enable closing agents, attorneys and notaries to facilitate the closing process with borrowers at the closing table
Accelerate the review, notarization and signing of the documents at the closing table. OneSpan Sign captures signatures, applies the notary’s seal, and logs information about the closing process in the integrated eJournal. Documents are secured using the most comprehensive audit trails in the market.
Watch our eClosing demonstration showing how a borrower and notary can e-sign the mortgage note and security instrument.
Enable lenders, investors, custodians and servicers to securely store and manage the e-notes and loan contracts
Once electronically signed, OneSpan Vault enables document custodians and servicers to register and manage the electronic originals of mortgage notes and loan contracts – quickly and efficiently. Transfer notes and contracts to other entities and vaults with a click of a button.
Maintain the chain of custody and legal control of the authoritative copy of digital assets as required by law.
Preserves the chain of custody of the authoritative copy of loan documents. Uses the same technology as blockchain to create a chain of secure transaction records throughout the lifecycle of the loan.
Allows only the rightful owner of the loan documents to access, control and initiate transfers of the authoritative copies to other funding entities. Transfers of assignment and location are easily handled by document custodians and servicers.
Verify the integrity of notes and loan contracts using a tamper-evident digital signature seal applied to every document. Any change to the authoritative copy of the document is flagged immediately as unauthorized, allowing for real-time verification and approval.
Hosted on Amazon Web Services, OneSpan Vault provides highly secure data centers with real-time replication of data across distributed locations to ensure continuous availability and optimal performance.
OneSpan Vault also provides full document and database-level encryption using the AES 256-bit encryption standard. This ensures the security and ownership of the authoritative copy throughout the lifecycle of the loan.
OneSpan Vault provides the most flexible deployment options and state-of-the-art data centers to ensure compliance with your company’s risk and security protocols. Start with a cloud or on-premises deployment, then easily switch methods in the event your IT policies change.
Moreover, OneSpan Vault captures detailed and secure audit logs of every action related to the management, assignment and transfer of notes and contracts – to and from the vault.
Implement the solution as a shared service across your organization for a quicker time-to-market. Only OneSpan provides a single platform solution and integration framework, enabling you maintain high security, compliance and performance as your needs grow.
- Multiple eVault databases supported on a single registry
- Load-tested to a capacity of 3 billion documents per year
- Carrier-grade SLA with 99.999% uptime
Our Integration Partners
Our solutions are built on decades of experience helping banks and lenders achieve paperless processes, and we have a proven track record helping them to increase adoption and accelerate time-to-revenue. What’s more, we do whatever it takes to make our customers successful. That’s why we have the highest customer satisfaction, retention and net promoter scores out of all providers in the market.
Implementation experience with high-volume, customer transactions
- 20 years e-signature & vaulting experience
We pioneered the e-signature and e-vaulting markets more than 20 years ago and have vast knowledge of managing and protecting digital assets.
15+ years digital lending experience
We were the pioneering participant in industry standards associations, such as MERS, MISMO and the Electronic Signatures and Records Association (ESRA). We have a deep understanding of compliance requirements in financial services, with over 15 years of experience helping banks and lenders manage and track the lifecycle of financial assets.