TRID Compliance Solution
DocMagic revolutionizes the underwriting process by offering an AI-driven TRID solution for lending teams. We’re streamlining the underwriting process by automating document verification, classification, and data extraction with 95% accuracy. By minimizing human intervention, we’re empowering underwriters, saving time, and reducing compliance errors at the same time.
Product Fast Facts
#1
Verifies authenticity for documents by qualifying borrowers, speeding identification, and safeguarding lenders against fraudulent submissions.
#2
The platform intelligently performs auto-classification with a 95% system automation of documents and data, enabling streamlined organization and easier retrieval of vital information.
#3
Our powerful Audit Engine computes data and applies rules to flag issues that require the attention of your underwriters, reducing the risk and potential compliance issues.