AmeriSave announced it is using DocMagic’s document preparation solution and Total eClose platform to improve its digital mortgage efficiency.
AmeriSave said it has grown exponentially over the last several years and was able to expand during the COVID-19 pandemic and refinance boom, thanks in part to DocMagic’s Total eClose platform and document preparation solution. The Total eClose platform is a single-source eClosing solution that automates the closing workflow while leveraging precision-based accuracy of its document generation capabilities and compliance engine.
“DocMagic has been a wonderful partner to work with throughout the pandemic and re-fi boom, proving to be a key technology partner that has helped rapidly scale AmeriSave,” Magesh Sarma, AmeriSave chief innovation officer, said in a release. “We look forward to continuing our partnership with DocMagic to establish even more efficiencies for our customers and internal teams.”
DocMagic’s solutions integrate with AmeriSave’s proprietary built loan origination system (LOS). The LOS streamlines the lending process by removing manual touch points using total workflow automation, task management, event triggers, auto calls to vendors, and more. As a result of DocMagic’s functions, which occur automatically at the appropriate time within the LOS workflow, employee productivity has been maximized throughout the lending processes, the companies said.
“AmeriSave understands the importance of always ensuring that borrowers have as many options and tools as possible available at their fingertips to walk away with a good experience that ultimately creates repeat business,” Dominic Iannitti, DocMagic president and CEO, said. “Everything we do at DocMagic places ease of use, simplification, and elegant design as a top innovation priority, which is reflected by AmeriSave’s ongoing achievements. We are elated that AmeriSave is having such immense success with our technology.”