Streamlining the Mortgage Disclosure Process with Floify

Streamlining the Mortgage Disclosure Process with Floify

floify disclosure process introduction

In today's fast-paced digital world, the demands and expectations of borrowers, especially Millennials and Generation Z, are rapidly evolving. Recent studies revealed a striking trend: 67% of millennial and Gen Z borrowers now expect a digital borrower portal when applying for a mortgage loan. This shift towards online self-service platforms is reshaping the mortgage industry, and Floify is at the forefront of this transformation.

Enhanced Simplicity and Clarity in Disclosures

Floify's solution simplifies the process of disclosing directly from your LOS. Borrowers can now receive, review, and eSign their documents all within a single, mobile-friendly web portal. This familiar portal is the same one they've been using throughout their transaction, ensuring consistency and ease of use.

Unified Borrower Experience

In today's digital age, borrowers expect a streamlined mortgage process. They don't want to juggle multiple platforms for different steps of their loan application. Floify's Disclosure Desk puts an end to this fragmented experience. By integrating all disclosure-related activities into the same web-based portal used for loan applications and document uploads, we ensure a cohesive and hassle-free process for borrowers.

Flexibility and Accessibility

Recognizing the diverse needs and lifestyles of borrowers, Floify's Disclosure Desk offers unparalleled flexibility. It merges our responsive, mobile-friendly point-of-sale portal with the versatility of DocuSign or Floify eSign. Borrowers can review and sign their disclosures on any device, from any location with internet access. This level of accessibility guarantees that the disclosure process adapts to the borrower's circumstances, not the other way around.

Cost-Effective Solutions with Floify eSign

An added advantage of using Floify's Disclosure Desk is the cost savings it offers. By utilizing the free Floify eSign feature, lenders can achieve significant financial savings. For instance, one lender saved an impressive $287,000 in a single year by opting for Floify's free eSign solution.

In conclusion, Floify's Disclosure Desk is more than just a tool; it's a game-changer in the mortgage lending industry. It promises a streamlined, accessible, and cost-effective disclosure process, aligning with the expectations of modern borrowers and the operational goals of lenders. Embrace the future of mortgage disclosures with Floify – where efficiency meets innovation.

Discover how Floify not only saves you money but also slashes your time-to-close by up to 7 days! Read more about how our solutions streamline your processes.