The app is free to all DocMagic customers
DocMagic has rolled out a new mobile application, LoanMagic, as part of its mission to increase digital mortgage adoption.
The app, which is free to all DocMagic customers, offers real-time loan status, document uploads, eSigning, integrated messaging, task management, push notifications, and more.
The company said LoanMagic aims to provide a quick, easy, and transparent way to keep borrowers fully-engaged throughout the mortgage cycle.
“Bringing mobile functionality to borrowers and enabling lenders to connect with their customers is the end goal of most mobile applications in our industry, but at DocMagic, it is just the beginning,” said Dominic Iannitti, president and chief executive officer of DocMagic. “LoanMagic isn’t an add-on. It’s a fully interoperable technology that fills a critical gap in the digital mortgage process. It is just as powerful as any of our flagship and award-winning technology.”
LoanMagic also provides full interoperability with DocMagic’s point-of-sale-systems, loan origination systems, document scanning, cloud storage tools, and other third-party mortgage software.
“A truly digital mortgage offers a continuous, fluid experience for everyone. The lender should not be patching holes or bridging gaps,” Iannitti said. “With LoanMagic, there’s no data degradation, no delay, no added steps lenders need to take to make up for the use of a mobile application, like they may have experienced with other mobile applications in the past. LoanMagic feels and acts like an organic part of the technologies it supports. That’s imperative for a truly digital mortgage experience.”
