Disclosure Generation and eSignature
Floify supports integration with document generation, automated compliance, and digital transaction services provider, DocMagic, to allow for streamlined disclosure eSigning. Floify must also be integrated with your LOS in order to use the DocMagic integration.
When this integration is active, disclosure requests created via DocMagic are automatically pulled into the red bucket of a Floify loan flow to await borrower response. At this time, borrowers as well as third-parties not included on the Floify loan flow will be notified via Floify's automated messaging system that they have a new document request pending in their portal.
Floify directs the borrower to the DocMagic interface to complete the review and eSigning of disclosures, and then will automatically bring them back to their Floify loan flow upon the completion of eSigning.
The signed document will move into the Floify loan flow's green bucket and a copy will be available for review, as well as the associated DocMagic audit log.
The integration must be configured by the support teams at Floify and DocMagic. For further information on how to initiate the setup process, and the Floify–DocMagic workflow, please refer to the Floify Knowledge Center.
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign, eDelivery and comprehensive eMortgage services for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company’s compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy.