Initial Disclosure
PPDocs, Inc. streamlines the generation of initial disclosures with free redraws for changing terms, completed in seconds. We offer electronic disclosures for e-signatures or can mail paper disclosures at no charge.
Quickly produce federally required disclosures online, ensuring compliance at loan application. Our Mortgage Loan Disclosure Matrix helps determine necessary disclosures and timelines.
Seamlessly transition from initial disclosures to closing documents with one click, avoiding redundant data entry. PPDocs' automated system ensures accurate, compliant document preparation, eliminating delays from inconsistencies.
Comprehensive and Compliant Document Management
- Expert Maintenance
- Investor Requirements
- Automated Document Selection
- Comprehensive Audits
Automated, Accurate and Compliant
PPDocs, Inc. offers an automated system that streamlines initial disclosures, ensures compliance, and provides flexibility for revisions, making the loan process seamless and efficient.
Near-Immediate Disclosure Document Preparation
The lender enters data, such as the property value and loan amount, into the PPDocs system. The system propagates this data through all required documentation, including the initial disclosure, eliminating redundant entries and errors.
Improved Clarity for the Borrower
The PPDocs initial disclosure document discloses all loan information when the application is made to give the borrower ample time to read and evaluate the terms and conditions of the loan. The borrower can receive initial disclosures electronically or in a paper document.
Flexibility for Revisions
If loan terms change or the closing date is rescheduled, the PPDocs system allows for simple modifications without re-entering data. It also enables additional input to adjust good faith estimates based on changes in the borrower's circumstances.
50 State Compliance
PPDocs maintains a nationwide document library. Our Mortgage Loan Disclosure Matrix helps lenders select the correct documents and disclosures for any loan type or jurisdiction.
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