LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, announced that its GuardianDocs document preparation service now is integrated with Calyx Software, a mortgage solution provider for banks, credit unions, mortgage bankers and brokers. Now users of Calyx Point can order and complete initial disclosures and closing packages without leaving Point.
Utilizing Calyx’s DirectConnect integration portal, GuardianDocs has created a complete interface for Calyx Point that streamlines the ordering process and supports the generation and fulfillment of application disclosures and the closing package. GuardianDoc’s interface alleviates the need to log out of the LOS and go to a production website to re-key critical information to complete the document order.
When lenders order the disclosures and closing documents within Calyx Point, all data is transferred to GuardianDocs. In the case of missing information required to prepare the documents, integrated messaging alerts the lender of the missing data and lets them enter it in the messaging utility in the Calyx system. If nothing is missing, the documents come back complete and are placed into Calyx’s eLoan file document repository. The entire ordering process can be completed in three to four minutes, according to lenders using the GuardianDocs-Point interface. In comparison with using a partial interface, lenders can expect to reduce their doc drawing time by at least 60 minutes per file.
“Data integrity is essential to create compliant documents and to have a true system of record; the LOS should house the source data, rather than your doc provider’s website. This will take on even greater importance in the new TRID environment,” GuardianDocs President Jonathan Kunkle said. “Our partnership with Calyx has allowed us to build a DirectConnect interface that streamlines document ordering and management, removes duplicative data entry, and eliminates steps that can create errors. As a result, users will see significant productivity gains and have greater assurance of compliance.”
Calyx Executive Vice President of Business Development Dennis Boggs said: “GuardianDocs has developed the tightest integration of any vendor using our DirectConnect platform. We are pleased to work with a cutting-edge document services and technology provider like GuardianDocs to build an advanced interface that allows our lender clients to order and complete their initial disclosures and closing packages without ever having to leave our system.”