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What is LoanTek?

Managing rate locks, compensation, margins, and overlays has become significantly more straightforward. LoanTek presents the ‘Lock Desk Manager,’ a groundbreaking and intuitive platform crafted for efficient lock management. This feature provides unparalleled effectiveness in managing pricing rules and mortgage rate locks seamlessly across all lenders. Leveraging LoanTek's advanced pricing engine, users can effortlessly supervise overlays and compensation while producing high-quality execution rate sheets and more. The Lock Desk Manager improves the oversight of mortgage rate locks by unifying both current and forthcoming locks from all lenders into a single, organized interface. This consolidated perspective not only enhances productivity but also ensures the implementation of the best execution pricing available. Furthermore, our mortgage pricing engine allows users to access historical pricing information for each lender, making it easy to obtain optimal execution pricing outcomes whenever necessary. By centralizing these operations, users can optimize their time management and dedicate their efforts to other vital elements of their business strategy. With its user-friendly design and comprehensive features, the Lock Desk Manager sets a new standard in lock management efficiency.

What is DocMagic?

Our innovative digital solutions aim to enhance the mortgage experience at every phase of the journey. These tools are tailored for a diverse range of users, including investors, lenders, settlement service providers, and borrowers alike. A standout feature is our streamlined digital platform, which offers a seamless, efficient, compliant, and entirely paperless environment for eClosings. This approach not only boosts data integrity and document accuracy but also enables loans to be finalized more quickly with reduced errors and omissions. Users can conveniently eSign or eNotarize documents from virtually anywhere, ensuring greater control and accountability throughout the mortgage loan process. Maintaining continuous compliance can significantly influence tolerance levels, calculation reconciliations, and mitigate potential RESPA and TRID issues. The era of digital mortgages has arrived—empower your borrowers by utilizing their smartphones to keep them actively engaged throughout the loan process, thereby enhancing their overall experience. This engagement not only improves satisfaction but also fosters a more efficient workflow for all parties involved.

Media

Media

Integrations Supported

BeSmartee

Integrations Supported

BeSmartee
AtClose
Floify
LendingPad
MortgageHippo
NotaryCam
Okta

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Not specified

Supported Platforms

SaaS
Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Webinars

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Bankrate

Date Founded

1976

Company Location

United States

Company Website

www.loantek.com

Company Facts

Organization Name

DocMagic

Date Founded

1987

Company Location

United States

Company Website

docmagic.com

Categories and Features

Mortgage and Loans

Government Loans

Categories and Features

Compliance

Not specified

Digital Signature

Not specified

Document Generation

Not specified

E-Notary

Not specified

Loan Origination

Not specified

Mortgage and Loans

Not specified

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