Tavant’s AI-powered Touchless Lending is reshaping the mortgage industry by giving lenders the tools they need to accelerate their loan manufacturing process and minimize origination costs. This technology uses straight-through processing and automation to optimize the underwriting and processing experience, solving numerous pain points for lenders. Starting with application submission, Touchless Lending can help an underwriter achieve a clear-to-close decision in minutes. Touchless Lending focuses on the middle and back office, enabling operations staff to handle ten times as many mortgages at once and reduce processing and underwriting costs by more than 75% per mortgage loan.
Touchless Lending helps deliver the experience borrowers want by enabling a faster path to the closing table and providing borrowers with a needs list that is extremely accurate and optimized for minimum requirements and minimum interactions. Loan officers, processors and underwriters can use Touchless Lending’s optimized workflows to engage with data and make decisions faster instead of relying on physical documentation and manual data entry.
Loan Origination, Servicing, Appraisal / Valuation, Title
Santa Clara, CA