Assyst Real Estate is a Web application that electronically links lenders
to notaries. It’s a solution that simplifies the way a mortgage transaction
is instructed, processed and reported. It also facilitates electronic registration and streamlines
the way mortgage files are modified. Assyst Real Estate isn’t designed to handle paper; it’s designed to eliminate it.
Over 750,000 mortgage transactions have been processed online using Assyst Real Estate.
More than 2,700 notaries and lawyers across Canada have already subscribed.
Assyst Real Estate is now integrated with Notary Office™ and Pro-Suite™ Software.
Features:
- Electronic solution supports a standardized process that applies to all participating lenders
- Mortgage terms are entered and updated automatically by the lender
- Platform is accessible directly through the Internet
- Up-to-date lender forms, schedules and Standard Mortgage Terms are available in one location
- Secure centralized data storage, with 24/7 access
- Final terms are verified by the lender and locked-in 2 days before meeting with the client
- Requests for funds are submitted online
- Final report is signed with a digital signature and transmitted electronically
Benefits:
- Simplifies the work on a mortgage transaction
- Reduces paper, faxes and your carbon footprint
- Minimizes manual inputting and errors
- No need to buy additional software or hardware
- Provides flexibility to suit your workflow processes
- Eliminates time wasted tracking down documents
- Staff can work securely from another office or home
- Eliminates frustrating last minute changes
- Minimizes the amount of follow-up work after closing
- Integration with Notary Office™ & Pro-Suite™ Software further increases efficiency
The Assyst Real Estate difference
With Assyst Real Estate, participating lenders deliver pre-populated and locked-in mortgage
instructions electronically right to a notary public’s desktop. Once the mortgage file is
accepted by the notary public, changes to the mortgage terms are easily made on the system
at the lender’s end, minimizing costly input mistakes and calls back-and-forth with the lender
mortgage centres. Once the mortgage is signed and registered, the final report can be quickly
submitted to the lender online, in most cases with minimal additional documents or attachments.
Assyst Real Estate is the electronic process for mortgage transactions that directly integrates
participating lenders with notaries.
The Assyst Real Estate advantage
Assyst Real Estate doesn’t dictate, it facilitates.
It compliments the way lenders process mortgage transactions and increases staff efficiency by eliminating much of the tedious work and many potential sources of errors. All notaries processing real estate transactions can enroll to use Assyst Real Estate. It provides a direct interface with participating lenders, without affecting the vital role notaries play in a mortgage transaction.
Assyst Real Estate isn’t a disguised form of lender outsourcing, nor is it an intermediary wedged between notaries and lenders. Instead, it’s a transparent,
interactive electronic solution that links these communities. Assyst Real Estate is the modern, streamlined way
to process mortgage files.
The Assyst Real Estate track record
Assyst Real Estate has been available to B.C. notaries since 2007. Since it was first introduced Assyst Real Estate has been an overwhelming success. Across Canada over 750,000 mortgage transactions have been processed through Assyst Real Estate since 2002 and more than 2,700 notaries and lawyers have already subscribed.
More real estate professionals use Assyst Real Estate today to process mortgage transactions electronically
than any other program in Canada.
The TELUS commitment
TELUS is firmly committed to the traditional role of notaries processing real estate transactions. Assyst Real Estate partners the notary public community with lenders to create a common solution for a common problem. Assyst Real Estate is the ideal marriage of real estate professionals, lenders and technology.
At TELUS, we take care in designing our systems for compatibility with technology that is prevalent in today’s marketplace. To ensure compatibility of Assyst Real Estate with your office technology, take a moment to validate against the following optimal system requirements:
Technical Requirements
- Operating system: PC compatible; Microsoft Windows XP or greater
- CPU speed: Pentium III 500 MHz Processor
- Hard drive: 10G
- Memory (RAM): 256 MB
- Microsoft Internet Explorer 6.0 or greater, Adobe Reader 8.0 or Adobe 6.0 standard, professional or greater
- Monitor resolution: 1024 x 768 pixels
- Internet connection: high speed, DSL or cable
Note: Assyst Real Estate may be used on different PC compatible operating systems with less CPU processing speed, older versions of software and different monitor resolutions. However, our Help Desk may be unable to provide support for technical problems on older system configurations.