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
Verifies authenticity for documents by qualifying borrowers, speeding identification, and safeguarding lenders against fraudulent submissions.
The platform intelligently performs auto-classification with a 95% system automation of documents and data, enabling streamlined organization and easier retrieval of vital information.
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.