Automatically assess your borrower’s income, credit, and assets. We offer Touchless Documents for document classification and data extraction, Touchless Collateral for automated underwriter appraisal reviews, Touchless Decisioning for comparing multi-AUS responses, investor guidelines, and loan data, Touchless Income for income verification, and Touchless Credit for more accurate credit evaluations.
Vendor
Tavant
Company Website
Unleash the possibilities of automation with Touchless Lending®
Deliver customer-centric mortgage experiences with Touchless Lending®
The manual authorization of mortgage loans prevents businesses from embracing efficiency and convenience in their lending operations. The absence of automation brings numerous challenges for lenders and borrowers alike. From delays in the loan processing to errors in the manually entered data, the need for in-person visits costs additional time and labor. Tavant’s Touchless Lending® modernizes your businesses by leveraging an AI-powered lending-as-a-service platform. We optimize workflows and automate processes to ensure quick mortgage loan production while reducing costs and the risks of repurchasing.
Features
Touchless Documents
Eliminate manual processing and embrace a seamless, automated solution for document classification and data extraction for efficiency and accuracy.
Touchless Collateral
Do away with manual appraisal reviews and embrace a streamlined, efficient lending solution for accelerated decision-making, enhanced accuracy, and reduced risk.
Touchless Decisioning
Empower lending process with advanced technology that effortlessly compares multi-AUS responses, investor guidelines, and loan data.
Touchless Income
Streamline income verification process with automated employment calculation and verification, eliminating the risk of human error.
Touchless Credit
Transform your lending process to make faster, more accurate credit evaluations and informed lending decisions, with automated analysis and credit review for all borrowers.
Benefits
Reduce costs
Automate loan underwriting and processing to save 77% on costs
Enable quick decisions
Make a clear-to-close decision within five days, facilitating fast processing
Embrace efficiency
Increase underwriting capacity by 4.5X allowing the handling of more mortgages simultaneously
Maximize ROI
Achieve a 14:1 ROI in the first year of deployment