Automated Disclosures:Fast and Accurate
Discloser automates the disclosure desk. Initial Loan Estimates and change of circumstance redisclosures go out without adding headcount.
30 min
That's how long each initial disclosure takes by hand, on every loan. Now multiply it across your desk.
Right now, every disclosure waits on a person.
Every disclosure starts a clock, and the initial LE has to go out inside the window. Then the loan changes: a rate locks, a fee comes in, the borrower switches product or the appraisal comes in different. Each change starts its own clock and needs its own redisclosure.
Today a person pulls the file, checks the numbers, rebuilds the package and sends it, again and again on every loan. Miss a window and you're curing a tolerance or eating the cost. Discloser does that work from the loan data itself, so a send never depends on someone noticing in time.
The disclosures, and the clock behind them.
It all runs on the data already in your LOS. No re-keying, no side spreadsheet and no rebuilding by hand.
Initial Loan Estimates
The initial LE goes out the same day the file is ready. It's built straight from the loan and nobody touches it by hand.
COC redisclosure
Any change, whether a rate lock, a fee update or a product switch, triggers a redisclosure automatically, and it goes out the same day.
Closing Disclosures
Coming soonThe engine that sends your LEs and COCs will also build and route the CD once the file is ready.
Every loan on the clock, in one place.
See where any loan stands on one screen, without digging through files. Every loan is shown against its clock, initial and redisclosure alike, with what triggered it and how much time is left.
| Loan | Type | Trigger | Status | Time left | |
|---|---|---|---|---|---|
| 4408 | Conventional purchase | File ready | LE sent | Complete | |
| 4412 | FHA · TSAHC DPA | Fee change | Redisclosure queued | 2d left | |
| 4390 | Refinance | Rate lock | COC sent | Complete | |
| 4415 | Conventional refi | Appraisal received | Redisclosure queued | 3d left | |
| 4421 | VA purchase | Product switch | COC sent | Complete |
Fast, and right.
Every disclosure is checked against the loan data before it goes out, so speed never costs you accuracy. The aim isn't to send fast and hope. It's to send the moment the numbers are correct.
It works inside the systems you already use.
Your LOS stays the system of record. Discloser reads from it and writes to it directly, so nobody moves or re-keys loan data by hand. With nCino, disclosure packages reach borrowers through the nCino portal.
Hours back on the desk, and fewer costly misses.
What took an afternoon now takes minutes
Building, checking and re-sending each disclosure by hand used to eat real time on every loan. Now the send runs itself and your team only oversees it.
More volume, same team
Handle rising loan counts without hiring more disclosure staff. Sending and watching the clock happen automatically, so headcount doesn't cap your pipeline.
Stop paying for missed windows
Every disclosure and every change is caught before its window closes. You stop paying for rushed fixes, re-cured files and tolerance cures you could have avoided.
See Discloser unblock your disclosure desk.
We'll show you an initial LE and every change of circumstance moving through the compliance clock, on loans like yours.