Settlement Coordination

Keep every loan settlement on track without brokers manually chasing solicitors, lenders, and clients for status updates.

55 hrs
Time saved/month
6
Companies have mapped
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About This Automation

Settlement coordination involves tracking loan documents, verifying compliance, and scheduling closing appointments across multiple parties. Manual tracking causes delays, missed documents, and repeated follow-up emails that slow closing timelines.

Automation monitors incoming documents, generates customized checklists, and sends targeted reminders automatically. The result is faster document collection, fewer follow-ups, and closing appointments that stay on schedule.

Key features
Generate customized compliance checklists based on loan type and lender requirements
Monitor email and shared folders for document uploads and log receipt dates automatically
Send targeted follow-up reminders only for missing documents
Coordinate closing appointments by checking availability across all parties
Verify document completeness and flag missing signatures or pages before closing

How The Automation Works

The full workflow, from trigger to completion.

1. Loan Enters Settlementtrigger

Workflow is triggered when a loan status changes to Settlement in the loan management system or a settlement request email is received.

2. Create Settlement Record

Automation creates a new settlement record with borrower, lender, and loan details pulled from the source system.

3. Document Requirement

The automation analyzes loan type and lender requirements, then generates a customized compliance checklist and document request list.

4. Send Document Request

Automation sends a personalized email to the borrower with the required document list, deadline, and upload link.

5. Document Tracking

The automation monitors incoming emails and shared folders, logs received documents, identifies missing items, and sends targeted follow-up reminders to borrower.

6. Notify Lender Status

Automation sends a status update to the lender when all borrower documents are received, requesting final approval and conditions.

7. Prepare Closing Package

Automation generates closing disclosure, prepares eSignature package, and sends to borrower and lender for signature.

8. Update Settlement Record

Automation logs all document receipts, lender approvals, and closing details and sends notification to settlement team when closing is ready.

4 reasons to map this process

1

It's completely free

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2

You get a complete build plan

A visual process map, automation spec, delivery timelines, and everything needed to build it, customized to your workflow and tools.

3

You see your real numbers

Custom pricing, ROI projection, and payback timeline based on your actual process, not industry averages.

4

There's no obligation to build

Your build plan stays in your workspace with no expiry. Move forward whenever the timing is right.

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Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

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Estimated Time Saving
55hrs/month
Process pain:8.2/10
Mapped by:6 Companies

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