Encore Bank, a leading commercial bank recognized for its advanced escrow banking services, has announced a strategic partnership with Qualia, a top digital real estate closing platform in the U.S. This collaboration aims to transform the real estate closing experience through seamless technology integration with the Qualia platform.
“The infrastructure of the real estate closing process is complex, involving multiple parties and often lacking cohesion,” said Phillip Jett, CEO of Encore Bank. “We’re working to address this by partnering with Qualia to help title and escrow companies streamline workflows, reduce costs, mitigate fraud, and deliver an enhanced experience for all involved.”
Through Encore Bank’s digital banking portal, clients will have access to Qualia’s title production software (TPS) in a cohesive, integrated environment. Without this integration, title and escrow companies typically rely on disjointed and manual workflows, often switching between bank portals and TPS systems, leading to labor-intensive wire transfers and potential financial risk. This partnership offers direct integrations for wire transfers, earnest money deposits, automatic clearing, and positive pay, enhancing security, reducing costs, and supporting faster, more accurate closings.
“We’re thrilled to welcome Encore Bank to the Qualia Bank Partner Network,” said Jackson Reynolds, VP of Corporate Strategy at Qualia. “This partnership is helping to set a new standard for efficiency, cost savings, and white-glove service in the title and escrow industry. Clients can now benefit from direct bank integrations that mitigate risks and automate labor-intensive processes while working with a bank that truly understands their industry-specific needs.”
Encore Bank also offers competitive banking fees, extended wire availability windows, and exclusive tools for title and escrow clients, designed to meet the high demands of the closing process. By banking with Encore, clients gain access to specialized support and can earn credits to offset fees for Qualia products and services, reinforcing their commitment to simplifying and enhancing the real estate closing experience.
About Encore Bank Headquartered in Little Rock, Arkansas, Encore Bank is a privately held, commercially focused bank that couples highly experienced and talented bankers with innovative technology to offer unprecedented levels of service to its clients through a hospitality-inspired concierge approach. Encore Bank was established in 2019 after its founders moved to the Capital Bank, rebranded it as Encore Bank and began its remarkable growth journey. Starting with just $159 million in total assets, seven employees and a single office, Encore has since expanded its presence into 19 offices across seven states. As a top-tier escrow banking institution, Encore is currently licensed to support title and escrow companies in 25 states across the U.S.
ABOUT QUALIA Qualia is the leading comprehensive digital closing platform used by title, escrow, real estate and mortgage lending professionals to transform home buying and selling into simple, secure, enjoyable experiences for millions of homeowners each year. The Qualia platform provides a secure system of record for the real estate settlement ecosystem through a suite of workflow, accounting, reporting, and collaboration products as well as its expansive product and service integrations. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX, and Superior, CO.