Why is DocuClass a good fit for mortgage lending? For mortgage lending companies, speeding up and improving the information gathering process of all related loan documentation from all parties ensures that loans are approved on time and directly translates to the bottom line. In this highly-competitive industry, it is crucial to collect all relevant information quickly, and complete the complex process that includes loan origination, underwriting, closing, post-closing, shipping, and service needs.

DocuClass’ unique “process completeness” feature automatically checks loan applications for missing documents and sends request notifications to the participating parties. Once DocuClass detects that the application package is complete, it can trigger an automated workflow that walks the documentation through the entire approval process. This unique capability can significantly accelerate loan approval and greatly improve customer satisfaction.