We have partnered with Wilqo, operator of the mortgage industry's first Production Optimization Platform (POP). The collaboration combines DocMagic's seamless digital lending solution suite with Wilqo's cloud-native loan manufacturing platform, creating an enhanced experience that further optimizes workflows for lenders.
Dubbed Charlie™, Wilqo's POP technology is transforming the mortgage lending process by breaking work into atomic-level tasks, automating flows, and providing actionable insights that optimize throughput while reducing costs. Charlie combines point-of-sale (POS), loan origination (LOS), task management, and business intelligence into a single, intuitive platform.
Leveraging modern APIs, DocMagic's intelligent document generation solution seamlessly integrates with Wilqo's POP solution, offering shared customers streamlined loan processes from application to closing.
DocMagic's comprehensive technology allows lenders to manage the entire lifecycle of loan documents digitally using automated workflows. Our secure platform ensures the electronic production and delivery of compliant loan packages while providing borrowers with a convenient, efficient customer experience. Mutual lender clients benefit from faster loan closings, heightened accuracy, and a reduction in time-consuming, error-prone manual processes.
The partnership also includes plans for Wilqo to incorporate our Total eClose™ solution, enabling fully paperless eClosings, complete with embedded RON functionality, eNotes, and eVault storage. The automation of loan closings further modernizes the mortgage lending process and arms lenders with the tools they need to stay ahead in a competitive market.