With an upcoming expansion that will effectively position Poli Mortgage as a nationwide lender, the company wanted to bring documents in-house and gain greater control over the production and compliance– without incurring a subsequent operational burden of doing so. To achieve this, Poli Mortgage made the decision to purchase and implement and automation document technology solution.

Poli Mortgage executives carefully considered the leading solutions providers and their technologies both in terms of ease-of-use, customer service support and integration capabilities with the company’s legacy loan origination system, provided by Calyx Software.

Poli Mortgage eventually settled on two finalists and beta tested each solution to gauge its functionality and level of customer support. Ultimately, Poli Mortgage made the decision to move forward with DocuTech and implement ConformX, a Web-based solution that effectively transforms an Internet connection into a 24-hour loan origination or closing office. ConformX works behind the LOS to create documents with minimal screens, automatic data and doc verification.

With ConformX in place, Poli Mortgage is confident in the scalability of its document production capabilities as it expands this year – a move that will add 44 new branches and is expected to more than double its loan volumes.

Furthermore, executives state that the ability to draw their own loan documents and provide them directly to the closing attorneys gives the lender increased credibility and control over the compliance of their documents rather than being reliant on third-party attorneys. ConformX better ensures that the correct documents are drawn for particular products and programs. In regard to initial disclosures, Poli Mortgage now has greater confidence that compliance is met with its out-of-state loans – something that will grow in importance as the lender increases its organizational footprint.