
DocMagic and Coviance Partner to Accelerate Home Equity Application Process with Disclosure Automation
Coviance and DocMagic partner to automate home equity disclosures—enabling instant, compliant loan offers at the point of application.
DES MOINES, IA – June 23, 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.
About Coviance
Coviance is a lending experience platform built specifically for home equity. Powered by our proprietary Collateral Decisioning Engine™, Coviance’s intelligent automation and communication workflows are based on application data, property data, and loan purpose. Lenders experience boosted productivity, increased loan volume and pull-through rates and elevated experiences across the entire lending process for borrowers and lenders alike. For more information, visit www.coviance.com.
About DocMagic
DocMagic, Inc. is a leading provider of compliant document generation, automated compliance, eSignature, and comprehensive eMortgage solutions for the mortgage industry. The company’s solutions facilitate precision-based digital lending transactions, connect all mortgage ecosystem participants, and ensure data integrity. With in-house compliance experts and legal staff, DocMagic actively monitors legal and regulatory changes at both the federal and state levels. For more information, visit www.docmagic.com.