SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug 7, 2018--Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, announced today an agreement to integrate with Floify, an industry-leading mortgage automation and SaaS point-of-sale (POS) platform, to streamline the generation, delivery and signature of loan disclosures.
The integration between Floify and Docutech will provide lenders and borrowers with a more efficient, digital origination process starting at the point-of-sale. Once integrated, loan data for all new applications entered on a lender’s website via the Floify POS platform will trigger the creation of loan disclosures through Docutech’s ConformX dynamic doc generation system and eDeliver them to the borrower(s) for eSignature. Lenders will be able to reduce loan origination time and costs and improve data quality through this process. At the same time, borrowers will benefit from quickly receiving disclosures, freeing up time to review this information at their own pace, and conveniently sign electronically from any location, at any time, and on any web-connected device.
“In today’s fast-moving mortgage market, loan originators increasingly desire a comprehensive digital automation solution like Floify to improve the lender-borrower experience,” said Dave Sims, CEO at Floify. “Our partnership and integration with Docutech means our platform now supports disclosures from generation through eSignature, effectively making the mortgage origination process faster, easier and more convenient than ever before.”
Floify will serve as the system of record for loan data used to generate the disclosures. This ensures loan data accuracy, eliminating the need to manually enter data into different systems. Docutech’s ConformX also ensures that all disclosures are compliant with federal, state and local regulations. Working together, the two platforms will enable lenders to streamline and expedite loan originations while improving quality, compliance and customer service.
“Consumers expect convenient, immediate, and customized experiences from the brands they do business with, and mortgage lending is becoming no exception. Docutech is focused on continuing to deliver innovative solutions to lenders through technology integrations that solve key challenges for our industry,” said Amy Brandt, president and CEO of Docutech. “This integration further demonstrates Docutech’s commitment to help drive the mortgage industry’s evolution towards a fully digital loan process.”
Floify is a digital mortgage point-of-sale solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is privately held. For more information about Floify, call (720) 316-8343 or visit https://floify.com.
Founded in 1991, Idaho Falls, Idaho- and Scottsdale, Arizona-based Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005515/en/
CONTACT: For Docutech
Stephen Sprayberry, 678-781-7207
Sean McCormick, 678-781-7210
KEYWORD: UNITED STATES NORTH AMERICA ARIZONA COLORADO IDAHO
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE
Copyright Business Wire 2018.
PUB: 08/07/2018 09:46 AM/DISC: 08/07/2018 09:46 AM