If you're looking for a technology to improve collaboration with lenders and settlement providers in mortgage transactions, DocMagic has a range of digital mortgage tools. Its technology handles end-to-end online mortgage transactions, ensuring data and document accuracy, security and compliance from loan origination to eClosings. Its tools include document generation, an eSign platform and collaborative closing technology for secure data and document sharing.
Another option is Addy, an AI-powered tool to speed up loan origination and email management for lenders and businesses. It lets you customize AI models for 24/7 loan application screening, automated lead qualification and a sophisticated email management system. That can free up a lot of time for loan officers so they can focus on higher-priority work.
For a more general-purpose digital lending system, MeridianLink has a range of customizable tools to modernize and streamline lending. Its tools include a Loan Origination System, Mortgage LOS, Data & Reporting and Collections, among others. It's designed to handle consumer, business and mortgage lending, and can help financial institutions cut costs and improve customer engagement.
Last, Ocrolus is a Document AI platform that uses artificial intelligence to classify, extract, detect and analyze financial documents. It can help lenders assess risk, spot fraud and speed up processes by eliminating manual review. Its technology is particularly well suited for mortgage transactions, where it can quickly and accurately analyze data.