DES MOINES, IA – June 24, 2025
Coviance has partnered with DocMagic, Inc., a leading provider of compliant loan document generation, automated compliance, and comprehensive eMortgage solutions, to transform how borrowers receive home equity loan offers through a digital application. This partnership integrates the Coviance Online Application with DocMagic’s automated compliance, document generation and eSign technology. As a result, borrowers applying for a home equity loan can now receive fully compliant disclosures with a loan estimate immediately upon application submission. This enables lenders to deliver loan offers in real time, eliminating the traditional lag between an application and the lender’s response.
“Together, DocMagic and Coviance are redefining the borrower experience by enabling instant loan offers during the application process,” said Omar Jordan, Founder & CEO of Coviance. “Borrowers no longer need to wait hours or even days for a lender to follow up. This is true lending modernization that meets the expectations of today’s digital first consumers.”
The collaboration helps lenders unlock major process efficiencies, reduce time-to-offer, and improve regulatory compliance with automated delivery of initial disclosures. By embedding DocMagic’s compliance engine into Coviance’s borrower experience, lenders gain a seamless, scalable, and future ready solution for home equity lending.
“Coviance’s digital front end combined with DocMagic’s compliance and document generation creates automated borrower convenience and accuracy,” said Steve Ribultan, Director of Business Development at DocMagic. “We’re excited to align with Coviance and add this value to their technology stack.”
As the home equity market continues to expand, lenders are seeking solutions that streamline operations while elevating the borrower experience. This partnership answers that call by enabling faster decisions, smarter automation, and better outcomes for lenders and borrowers alike.