Tavant, a leader in AI-powered fintech solutions, has formed a strategic partnership with Snapdocs, the top provider of digital closing solutions. This collaboration integrates Snapdocs’ end-to-end digital mortgage platform with Tavant’s FinConnect, giving lenders seamless connectivity across POS, LOS, document providers, and other proprietary or third-party systems.
FinConnect, Tavant’s intelligent data integration platform, simplifies mortgage workflows with plug-and-play access to over 100 connectors from 80+ service providers. These include identity, credit, income, and asset verification tools. Processing more than 33 million transactions annually, FinConnect ensures encrypted data exchanges, predictive insights, and secure real-time access.
This bi-directional integration with Snapdocs streamlines document and data exchange, enhancing operational efficiency, reducing errors, and supporting digital closings at scale.
“Lenders face pressure to do more with less faster and more accurately,” said Camelia Martin, VP of eMortgage Strategy at Snapdocs. “Partnering with Tavant allows lenders to integrate existing tech with Snapdocs’ eClosing platform, driving automation and superior borrower experiences.”
Snapdocs powers 1 in 4 U.S. real estate transactions by connecting lenders, notaries, title companies, and borrowers. Its platform automates workflows, offers robust eClose capabilities, CD balancing, automated funding, post-close quality control, and an eVault. Lenders using Snapdocs close loans eight days faster and achieve eClose adoption rates three times the industry average.
Early Adoption by Major Lenders
One of the nation’s largest mortgage lenders has already adopted this integrated solution. By connecting Snapdocs eClosing with their proprietary LOS, they reduce manual work and provide a consistent, streamlined experience for borrowers and staff.
“This partnership shows our dedication to intelligent automation at scale,” said Mohammad Rashid, SVP and Head of Fintech Product at Tavant. “Embedding Snapdocs’ eClosing with FinConnect lets lenders process complex transactions faster, with higher quality and improved accuracy.”
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News Source:Businesswire.com
