Integration with FormFree enables loan originators to text or email borrowers a request to electronically verify asset, income and employment data without leaving LoanMAPS, while integration with DocMagic’s Total eClose platform eliminates the need for an initial disclosure desk and closing department.

LoanMAPS, a cloud-based mortgage loan origination system developed by Take 3 Technologies, has new capabilities after recently announced integrations with FormFree and DocMagic.

FormFree announced Tuesday that it had partnered with Take3Tech to make its AccountChek automated asset, income, and employment verification solutions available within LoanMAPS.

The integration enables loan originators to text or email borrowers a request to electronically verify asset, income and employment data without leaving LoanMAPS. AccountChek then uses securely encrypted, direct-source data to automatically populate underwriter-friendly verification of asset (VOA) and verification of income/employment (VOIE) reports, which are made available within LoanMAPS.

Anita Padilla-Fitzgerald

“Our partnership enables lenders to provide a streamlined verification experience while reducing loan processing and underwriting times as well as fraud risk,” said Take3Tech CEO Anita Padilla-Fitzgerald in a statement.

FormFree announced in November that AccountChek had been integrated into mortgage software solutions developed by OpenClose.

In addition to her role as president and CEO of Take3Tech, Padilla-Fitzgerald holds the same titles at MegaStar Financial Corp., a privately held mortgage banking firm headquartered in Denver, Colorado, that uses LoanMAPS.

Take3Tech says LoanMAPS is intended to be an all-in-one loan origination platform, allowing lenders to replace their current loan origination system (LOS), point-of-sale system (POS) and customer relationship management system (CRM).

In February, Take3Tech and DocMagic announced integrations that allow LoanMAPS users to generate loan documents for borrowers and eSign documents. Take3Tech said it was also integrating DocMagic’s Total eClose platform with LoanMAPS, allowing users to securely eSign and eNotarize a loan from anywhere.

“The new integration with LoanMAPS empowers clients by eliminating the need for an initial disclosure desk and closing department, which results in reducing the clients’ full-time employee count and slashes clients’ cost to produce loans,” the companies said in a press release.

DocMagic announced in December the launch of eDecision, a tool that helps lenders using the Total eClose platform understand how far they can take a digital closing. The Total eClose platform offers four distinct types of compliant eClosings, all the way down to county-level eRecording acceptance.

Get Inman’s Extra Credit Newsletter delivered right to your inbox. A weekly roundup of all the biggest news in the world of mortgages and closings delivered every Wednesday. Click here to subscribe.

Email Matt Carter

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription