Why don't dealers use Docusign?

Whether a full e-sign closing is possible depends on your location (state e-sign laws as well as acceptance by the county recorder), who’s originating your mortgage, your mortgage program, who the ultimate investor is, etc.

The mortgage (or deed of trust) and the note are the most common docs where wet signatures are required, and most places will just paper out the entire closing package because e-signing some docs but not others adds more complexity than value to the process, since you have to have a notary involved and generally a courier/overnight service for the paper docs either way.

My Toyota dealer for my 21 RAV4 Primes did all DocuSign except for the final financing papers. 90% of the paperwork was pre-signed and the delivery experience was quick.

Every other dealership I’ve dealt with… old school. Everything is in person including the original price sheet they build the financing doc from.

I believe they’re going under according to CNBC last month