Products

DataTrac Electronic Document Manager (EDM) - Paperless Mortgage Software for Lenders

Mortgage lending is a paper intensive process and document management has often been both the Achilles’ heel of otherwise top-notch mortgage lenders, and a stumbling block between third party originators (TPOs) and wholesale lenders. Lenders that adopt paperless loan processing eliminate many opportunities for error and increase the likelihood that their loans will proceed to a no-surprises closing.

DMD provides the perfect paperless solution for mortgage lenders. Formerly known as DocumentTrac, DataTrac Electronic Document Manager (EDM) makes your lending business paperless. DataTrac EDM allows lenders to image, share, archive, retrieve, and distribute all documents associated with a loan file.

This virtual file cabinet eliminates your dependency on physical loan files and provides your staff quick, cross-organizational access to all of your loan documents.
  • Turn warehouse lines faster with quicker investor sales
  • Avoid suspended loans due to missing documents and mis-stacked copy packages
  • Maximize efficiency with parallel workflow
  • Reduce copier, storage, and overnight costs by eliminating paper
  • Streamline shipping with electronic delivery to investors
  • Fly through audits with instant file retrieval 

Problems Solved for mortgage lenders

To explore the impact DataTrac EDM can have on solving some of your existing business challenges, please select the links that resonate with your business:

Making More Money Saving Time Controlling Your Business Peace of Mind
Adjusting to Market Volatility Untrained Staff Controlling IT Funding Capacity
Reconciling to the Penny Business Restructuring Complying With Market Demands Finger on the Pulse
Originator Management Streamlining Workflow Understanding Your Bottom Line Investor Relationships
Controlling Costs Year End Reporting Recruiting & Retaining Talent Passing Audits
Increasing Sales     Staying Compliant
Motivated Sales Reps     Best Practice Lending
Effective Secondary Marketing     Market Adaptability

Mortgage Lender Feedback

Don't just take our word on how great we think DataTrac EDM is... read about how mortgage lenders have improved their business after they leveraged DataTrac EDM:

Implementation

We have helped so many clients deploy our solutions over the years, we have developed a comprehensive and systemized approach that will ensure your success.


Technical Requirements

DataTrac EDM requires a dedicated server to ensure adequate image processing speed, storage capacity, and to minimize any potential conflicts with other applications.


Remember, you can also have us host for you.