Tavant's TOUCHLESS® AI Platform Boosts PRMI's Operational Efficiency by 75%
Primary Residential Mortgage, Inc. (PRMI) has successfully implemented Tavant's TOUCHLESS® AI Mortgage Automation Platform, achieving a 75% increase in operational efficiencies. The deployment allows PRMI to enhance loan production scalability and improve the borrower experience by automating processes from application to closing. The platform has notably reduced underwriting time from three hours to under one hour per loan.
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Tavant's TOUCHLESS® AI Mortgage Automation Platform has been deployed by Primary Residential Mortgage, Inc. (PRMI), resulting in a 75% gain in operational efficiency. This implementation has led to increased throughput of funded loan volumes, reduced cycle times, and enhanced staff productivity.
Underwriting times have decreased from three hours to less than one hour per loan. PRMI is now able to manage more complex loan products efficiently, facilitating seamless scaling across its branches. The partnership highlights the effectiveness of AI-powered automation in the mortgage lending industry.
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