Case Study: AnnieMac Home Mortgage saves 35+ minutes per loan with Snapdocs Post-Close QC

AnnieMac Home Mortgage saves 35+ minutes per loan with Snapdocs

AnnieMac Home Mortgage, a rapidly growing lender, sought to streamline its manual post-closing process, which took 45-60 minutes per loan package. Their existing outsourced audits were slow and still required extensive manual review from their own team. To solve this challenge, they turned to their existing vendor, Snapdocs, and implemented its Post-Close Quality Control product.

By leveraging Snapdocs Post-Close QC, AnnieMac automated 100% of its post-close document checks. This reduced the average review time from 45 minutes to under 10 minutes per loan, saving over 35 minutes per file. The solution also improved their first-pass rate with secondary market partners from 80% to 95% and accelerated their turnaround time from allocation to purchase by 7.5 days, significantly boosting operational efficiency.

AnnieMac Home Mortgage