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Mortgage & Title
Become the paperless office by storing original documents electronically. For instance, incoming faxes or emails from lenders, loan officers, appraisers, credit bureaus, customers, lenders, can be saved electronically into the Docuvation document management system. Paper based records like W2s, bank statements and pay stubs can be easily scanned and converted into digital documents. Print documents generated by your loan origination software directly into your customers cabinet in Docuvation.
Using Docuvation, you are now ready to reap the benefits of a paperless office environment. Docuvation provides immediate access to client information. This allows any employee in the company the ability to provide quick and accurate information to its client about appraisals, home inspections, surveys and title insurance without the need to perform time-consuming information research. Information can then be easily provided to the customer via email or fax.
Several Types of Documents You Can Manage using Docuvation:
Mortgage Processing
- Appraisal
- Credit Report
- Escrow Deposit for taxes & insurance
- Paying Title Company Closing Fee
- Buyer's Attorney Fee
- Lender's Attorney Fee
- Home Inspection
- Title Insurance
- Flood Determination/Life of Loan Coverage
- Homeowners Insurance
- Underwriting
- Survey
- Down Payment check copies
- Loan Discount Points
- Drafting the mortgage deed and incidentals
- Payment of Transfers Taxes
- Recording at County Records
- Couriering Documents
- Prepayment of Interest
Loan Documents
- Settlement Statement listing all costs and fees
- Good Faith Estimate
- Truth-in-Lending Statement disclosing the annual percentage rate
- Mortgage Note detailing the terms and conditions of the loan
- Mortgage Deed of Trust
- Monthly Payment Letter