LendFoundryTM and Docitt join forces to launch a digital mortgage platform

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LendFoundry and Docitt to launch a digital mortgage platform

New York, USA – March 6, 2017

Next generation fintech lending platform, LendFoundry and data aggregation services provider Docitt, announced their partnership to bring to market a digital mortgage platform solution for the residential mortgage industry.

Docitt’s self-service digital mortgage, built on LendFoundry’s platform will enable borrowers’ omni-channel access to submit a mortgage application through a dynamic and personalized experience while it securely syncs bank statements, tax returns, payroll data directly from the source in real time. This will eliminate much of the paper, people, and the pain from the loan process.

Growing rapidly since its launch in 2013, LendFoundry has ramped up its cloud-based platform significantly by adding new modules & a host of pre-built integrations with major fintech platforms like Docitt.

Explaining the strategic intent behind this partnership, Brent Fausett, SVP & Chief Commercial Officer at LendFoundry said “I think Docitt adds lot of value to the digital mortgage process through its highly secure yet simple document aggregation and analytics technology allowing lenders to make instant credit decisions. At LendFoundry, we always strive to empower our clients to leverage the best upcoming innovations in the fintech space & this partnership is another proof of our alignment to this vision. ”

“We are excited to partner with LendFoundry which is truly an exceptional platform for lenders today. An off-the-shelf integration between LendFoundry and Docitt will help in mitigating the fraud risks significantly & deliver a simple, smart & safe digital mortgage experience for both the borrowers and lenders” said David Kawata, CEO Docitt.

Lenders can drop by LendFoundry’s booth #633, during the ongoing LendIt event in New York on 6th & 7th March to know more about Docitt Loan Document System (LDS).

About LendFoundryTM

LendFoundry is a full-stack, cloud-based marketplace lending platform managing the entire loan cycle right from origination, marketing, acquisition, underwriting, and servicing. Founded in Irvine, California in 2013, LendFoundry empowers the marketplace lenders to focus on their core which is the performance of their portfolio. With clients in the USA, the Middle East, and Asia, LendFoundry is enabling lenders globally to take advantage of technology.

For the latest news and updates, follow LendFoundry on Twitter and LinkedIn and visit www.lendfoundry.com

About Doccit

Docitt is a data aggregation services provider based in Irvine, California which provides tools for lenders to improve today’s loan quality and enhance risk management. Their goal is to enable unprecedented data transparency and efficiency paving the way to the future of lending.

Contact Information: David Kawata, Chief Executive Officer, 1 (844) 362 – 4888 | dkawata@docitt.com

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