Free News Articles Home Free News Articles DocMagic and BeSmartee Integrate Justin Bailey Youth Jersey , Creating a Fast, Fully Digital Application Process for Borrowers DocMagic and BeSmartee Integrate, Creating a Fast, Fully Digital Application Process for Borrowers TORRANCE, Calif. -- DocMagic, Inc., the mortgage industry's leading provider of document production Ryan O'Reilly Youth Jersey , automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology.
This integration creates a seamless connection between the two technologies, which fulfill the first two major events in the eMortgage process: online borrower application and electronic delivery of disclosures. Via this integration, DocMagic and BeSmartee are enabling borrowers to complete a loan application and receive disclosures in a matter of minutes, rather than the days or weeks that is typical with manual processes. Once the application is complete, disclosures are automatically created and presented to the borrower for electronic signature Benoit Pouliot Youth Jersey , with no additional effort by the lender.
"eMortgages offer better speeds, security, quality and accuracy, which translate to a better borrower experience and more efficient, economical operations for the lender," said Dominic Iannitti, president and CEO of DocMagic. "This integration further escalates those benefits by allowing two great technologies to operate at their peak collaborative performance."
BeSmartee connects borrowers and lenders directly with providers that instantly validates the borrower's income Rasmus Ristolainen Youth Jersey , asset and credit information, such as the IRS, financial institutions, and credit bureaus. The technology's auto-population feature helps borrowers complete the application in a fraction of the time, while its validation feature provides lenders with vetted information for a faster underwriting process.
DocMagic technology saves time by generating a fully-compliant electronic disclosure package based on the borrower's information in a matter of minutes, rather than the days it takes with even the fastest manual processes. That package is then instantly presented to the borrower, who can review and execute the documents on-screen Robin Lehner Youth Jersey , once again reducing a traditionally days-long process to minutes.
"A true eMortgage uses no paper at all. It's a start-to-finish electronic process that requires collaboration among certain technology providers," said Iannitti. "DocMagic is proud to be the solution that connects not only those technologies, but also all of the entities that use them, to enable a truly electronic process. It's great to partner with progressive companies like BeSmartee who are helping to make eMortgages possible."
"The BeSmarteeDocMagic integration avails a level of speed that the industry hasn't experienced before but that, as more lenders discover its impact on sales and operations, more borrowers will come to expect," states Tim Nguyen Zemgus Girgensons Youth Jersey , co-founder and CEO of BeSmartee. "Together, we're delivering the type of speed and service that Millennials have come to expect, which is key to securing new business from this coveted group of borrowers."
About DocMagic: DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, regulatory compliance, eSign, eDelivery and comprehensive eMortgage services for the mortgage industry. Founded in 1988 and headquartered in Torrance Sam Reinhart Youth Jersey , Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit http:www.docmagic.
About BeSmartee: BeSmartee develops automated mortgage origination software they private label and license to lenders. By utilizing artificial intelligence, BeSmartee's origination processes enables lenders to take their borrowers from the initial contact into underwriting in 20 minutes with a complete loan application Johan Larsson Youth Jersey , credit report, incomeasset documents, eSignedeDelivered disclosures and paid appraisal. Founded in 2007, with headquarters in Huntington Beach, Calif., the BeSmartee team has worked on the front and back-end of mortgage originations for over a decade, applying their knowledge to deliver a truly unrivaled user experience Kyle Okposo Youth Jersey , with tools and features catering to the specific needs of lenders and their customers. To learn more, please visit http:www.besmartee.
MEDIA CONTACT: Joe Bowerbank Profundity Communications, Inc. 949-378-9685 jbowerbank@profunditymarketing
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Most business people will tell you that selling is not their favorite activity. Let's explore a way to look at the process of sales a bit more favorably.
Whether we like it or not---?we're all in sales?. Most of us have an internal dialogue about both selling and closing that is less than positive. Most of us approach the sales portion of our business hoping we're not ?coming off like a salesman?.
Most of us hate to be sold to. Most of us have to sell to live. Most of us realize that in order to keep our business afloat, we need to sell. I suggest that you give up that need to sell. Please notice that I didn't ask you to give up the commitment to sell but rather the need.