Tavant, a Silicon Valley-based provider of digital lending solutions, and Acra Lending, a private mortgage lender headquartered in California, have integrated Acra Lending’s digital mortgage experience with Tavant’s Touchless Lending Collateral Analysis. This partnership marks Tavant’s expansion into non-QM lending and an advancement in Acra’s mission to transform into a technology-first business.
“As we go through the year, we want to define ourselves as not only an adopter but an innovator,” says Gregory Meola, managing director at Acra Lending. “We have been working very hard to get a lot of great enhancements to our technologies and our process efficiencies, and the work we are doing with Tavant is an integral part of this transformation.”
Acra Lending has fully deployed Tavant’s Collateral Analysis solution into production. This is the first step in Acra’s integration with Touchless Lending, which will feature the implementation of a non-QM AUS platform soon. Touchless Lending Collateral Analysis benefits every mortgage channel of business and goes beyond industry standard appraisal review tools available today.
“What sets Tavant apart is our commitment to offering flexibility to lenders,” says Mohammad Rashid, head of fintech innovation at Tavant. “Whether a lender chooses to adopt the entire Touchless Lending suite or prefers to implement specific analyses independently, Tavant is there to support their unique needs every step of the way.”
Collateral Analysis is a proprietary product of Tavant’s Touchless Lending automation platform, designed to integrate with existing lender systems seamlessly, including CRMs, point-of-sales, LOS and document management systems. Collateral Analysis automates an underwriter’s manual, labor-intensive appraisal review process, allowing them to focus on other pressing issues that require action. Eliminating manual review and data entry while identifying and escalating issues automatically allows for faster, more accurate decision-making and closing.
