GoDocs and Applied Business Software, makers of The Mortgage Office (TMO) private lending software, have unveiled an integration that will provide an end-to-end, single-system solution for processing commercial loans. Companies that have struggled to keep up with demand will be able to process hundreds of more loans per month and operate at scale without adding resources.
Both GoDocs and TMO have been working to leverage the digital transformation to provide enterprise-class lending solutions for high-volume lenders. This partnership and integration represent a giant leap forward for the industry at a crucial time when lenders have not been able to keep pace with demand. Moving forward, lenders can process loans through one platform with just a few clicks while also improving commercial loan document strength.
“We are thrilled about this integration that will bring efficiency and scalability to the way our customers draw their commercial documents. Our goal is to streamline processes and provide our customers with world class seamless operations and this GoDocs integration speaks to our level of commitment to our customers doing commercial loans,” said Carlos Nodarse, Applied Business Software, CEO.
For decades, TMO has provided innovative software solutions to help manage any size and volume of loans, the company said. At the same time, GoDocs has offered automated documentation solutions ensuring every application is complete, compliant and accurate. As a result, loans can be processed at an unprecedented speed while also improving document strength and supporting the needs of enterprise-level lenders.
By integrating both platforms, users now have access to an end-to-end solution that will produce complete and compliant loan documents in a matter of minutes. Utilizing the loan information into the TMO platform, just one click will prepare the closing documents without having to be redirected out of TMO.
