Doc Magic Login is a web-based platform that provides users with secure access to a variety of document management and preparation tools. It is designed for professionals in the mortgage industry, such as lenders and loan officers, to facilitate the creation, editing, and sharing of various loan-related documents. To log in to the Doc Magic platform, users are required to enter their unique username and password. Upon successful authentication, users gain access to a dashboard that displays an overview of their documents, tasks, and notifications. The platform offers a range of features to help streamline the loan document process. Users can generate loan packages, including forms such as the Loan Estimate and Closing Disclosure, using pre-built templates that adhere to legal and regulatory requirements.
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Users can generate loan packages, including forms such as the Loan Estimate and Closing Disclosure, using pre-built templates that adhere to legal and regulatory requirements. These documents can be customized with personalized data, such as borrower information. Doc Magic Login also provides collaboration tools, allowing multiple parties involved in a loan transaction, such as lenders, borrowers, and settlement agents, to access and edit documents in a secure environment.
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Generating a CD & Pre-Closing Package
Once your loan has moved into "Approved w/ Conditions" status you will see the options for Closing Disclosure & Pre-Closing Package in DocMagic dropdown in the "Disclosure Forms"tab.
- To get started click the "COC/Edit Loan" button at the top left of the screen
- Select "Edit Without COC"
- Click the "Start Editing" button
- Now you can make any edits you need to get the fees and contacts associated with the loan up to date.
- For purchase transactions. you will need to add the realtor contacts and sellers as business contacts in the "Setup & Contacts" tab
- Go to the "Review Fees" tab to add or edit any fees
- Add any payees by hovering over the fee line and clicking "Add Paid To"
- You can add fees by hovering over the section header and clicking the "+Fee" button
- You can adjust your prepaids and escrows by clicking the "days" or "Months" text on the right side of the fee listed in sections F & G.
- Once you've made all of your edits click on "Disclosure Forms" tab
- This will open up a new set of tabs (shown below). Go through each section to make sure all the information has been entered.
- In the "CD Info" tab you will be able to take the business contacts that you entered in the "Setup & Contacts" tab and add them to the business contacts section of the "CD Info" tab.
- Once you've updated the information tabs within "Disclosure Forms" you can select "Disclosure Packages"
- Select either "Closing Disclosure" or "Pre-Closing Package"
- Click "Generate Package"
- Review any audit findings before generating docs.
- Once you're ready click "Generate Doc Package"
- You will see a pop-up letting you know that you will be charged according the agreement you have with DocMagic.
- Click the "Generate Package" button
- Once the package is generated you will be able to review the docs.
- From here you can either download the package or send for e-sign.
- If you click the "Send for eSigning" button you will see a pop-up showing the expected recipients and the attachment that is being sent.
- Click "Send"
- Congrats! eSign request has been initiated! Click "Continue"
- From here you will be able to track the status of the eSign request
- You can also copy the link to resend to your signers, if needed.
Generating a "Pre-Closing Package" would work exactly the same way. You would select "Pre-Closing Package" and go through the same step as mentioned above.
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This feature helps reduce manual errors and facilitates real-time information sharing. Additionally, the platform offers document tracking and audit trails, ensuring the security and compliance of loan documents. Users can track the status of documents, monitor any changes made, and view the history of activity on each document. To enhance efficiency, Doc Magic Login integrates with other software commonly used in the mortgage industry, such as loan origination systems and e-signature solutions. This integration eliminates the need for duplicate data entry and enables a seamless flow of information between systems. Overall, Doc Magic Login is a powerful tool for mortgage professionals, providing them with a secure and efficient platform for managing loan-related documents. It helps streamline processes, reduce errors, and improve collaboration among all parties involved in a loan transaction..
Reviews for "The Rise of Remote Work and the Importance of Doc Magic Logon"
1. Jane Doe - 2/5 stars - I found the Doc Magic Logon to be incredibly difficult to use. The user interface is confusing and non-intuitive, making it frustrating to navigate. Additionally, I experienced numerous technical issues, such as the program freezing and crashing. Overall, I was not impressed with the functionality and usability of this software.
2. John Smith - 1/5 stars - I have used several logon applications in the past, but Doc Magic Logon is by far the worst. It is slow and glitchy, constantly lagging and causing delays in my work. Furthermore, the security protocols seem outdated and unreliable. I would not recommend this logon software to anyone seeking a smooth and efficient user experience.
3. Sarah Johnson - 2/5 stars - As someone who values simplicity and user-friendly interfaces, I was disappointed with Doc Magic Logon. The login process was unnecessarily complicated, requiring multiple steps and verifications. Additionally, I found the overall design of the software to be outdated and unappealing. It definitely needs a major upgrade to meet the standards of modern users.