Basic Document Imaging & Delivery for Contract Underwriters

Underwrite loans online!

Overview

Originators assemble a folder — a virtual, shared loan folder — as they process a loan on any eMagic/lender site. This is done through eMagic's document imaging system.

Once you receive an e-mail request for underwriting, you have immediate online access to that loan file so all your underwriting tools are online. Resubmit or order new services, add/delete documents, and return your UW decision to the originator. If needed, originators can add new/revised documents to fulfill conditions or complete an incomplete loan file. eMagic automatically sends you e-mail notifications with each originator update. eDocs, MortgageApp and Website Package customers have access to even more document tools, including stacking order templates and up to 7 years storage of loan files.

Since it is a shared loan folder, eMagic keeps track of where documents came from (you or the originator) and all actions taken on the loan file, so you always know the current status of the Loan Folder.

Self-Guided Tutorials

This tutorial walks through the process of underwriting eMagic loans, from locating them to communicating the UW decision.

Note: Your company needs to have Trio File Delivery activated on your Storefront(s) in order to receive loan folders electronically.

What do you want to do with your Loan Folder?

1. Get a tour

2. Add Documents

• Upload
• Fax
• One-click

3. Manage Documents

• View and/or print
• Download
• Share
• Delete
• Combine
• Edit name or description

4. Manage Loan Folder

• Access it
• Return it
• Deliver to Facilitator
• Reroute it
• Submit File Updates
• Export Data File
• Create Quick Copy
• View audit trail
• Add and read notes

5. Troubleshoot some errors

Note: Documents are saved as .pdf files.

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