Tavant’s Touchless Lending Automation is transforming the mortgage industry by enabling lenders to streamline the loan manufacturing process and reduce origination costs. By leveraging automation and straight-through processing, the platform accelerates underwriting and processing, helping lenders achieve a clear-to-close decision in minutes rather than days. It focuses on middle and back-office operations, allowing staff to manage significantly more loans while cutting underwriting and processing costs by over 50%.
Touchless Lending’s suite of features includes document analysis, income and credit evaluation, collateral checks and automated decision-making. It eliminates manual tasks, such as document verification and data entry, significantly increasing efficiency. The platform integrates with existing systems, including customer relationship management (CRM), point-of-sale (POS) and loan origination software (LOS), for seamless automation of mortgage production pipelines.
Recently, Tavant introduced LO.ai, an AI-driven product designed to improve loan officer efficiency and borrower engagement. LO.ai helps reduce pipeline fallout and increase lead conversion, and allows loan officers to focus on complex cases. The platform’s future roadmap includes expanded features like Touchless Title and Touchless Fraud, aiming to deliver fully automated underwriting and closed loans in an optimal timeframe and cost.
Touchless Lending’s growing customer base and performance metrics, including significant reductions in loan processing costs, demonstrate its impact on the mortgage industry.
Company Website:
Markets Served:
Loan Origination, Servicing, Secondary, Appraisal / Valuation, Title, Closing and AI/ML
Company HQ:
Santa Clara, CA
