AFR Adds Tavant Touchless Documents to Digital Mortgage Workflow


Digital lending solutions provider Tavant and American Financial Resources Inc. (AFR), a national mortgage lender, have partnered to enhance the lender’s digital mortgage experience. Leveraging Tavant’s Touchless Lending, AFR’s correspondent lenders, mortgage brokers, loan originators and consumers will now be able to automate the traditionally cumbersome lending process, providing a more streamlined and seamless experience for all stakeholders.

Tavant’s Touchless Documents instantly recognizes documents, automating document classification, indexing, splitting, categorization/subcategorization, pairing with borrowers and data extraction with the highest accuracy. Additionally, the Touchless Lending platform integrates seamlessly with existing lender systems, including CRMs, point-of-sales, LOS and document management systems, to optimize document-related workflows, organize and process documents faster, and deposit the results of the document classification and data extraction back into the system of record.

“With the launch of FinDecision being so successful, adding Tavant’s Touchless Documents into the mix seemed like the logical next step,” says Scott Dubnoff, chief technology officer at AFR. “And we were right. Their implementation was a smooth and painless process. It took about six weeks to integrate Tavant’s product into our systems fully. After one month of running Touchless Docs with real data, we determined their document classification accuracy greatly surpassed our expectations.”

“We have only just started with this technology yet are already seeing returns in both labor efficiency and data accuracy,” continues Dubnoff. “We have only scratched the surface with document classification and plan to expand to data extraction next. This opens even more possibilities for automation as we look to expand usage of the product to other areas of our process.”

“AFR and Tavant have aligned missions to make homeownership more accessible for all and to provide several offerings that can support underserved communities in the housing market,” states Hassan Rashid, chief revenue officer at Tavant. “While lenders have had to undergo lengthy processes in the past manually, Tavant now introduces a machine-oriented approach that successfully increases workflow up to 80 percent by automating and regulating the processes of loan application and disbursal.”

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