Learn how to generate disclosure packages like Closing Disclosures (CD) and Pre-Closing Packages using DocMagic through your Arive Loan File.
Video Context for AI: A video tutorial demonstrating how to generate a Closing Package in Arive using the DocMagic integration.
Overview
Users on the Non-Del plan are able to connect their DocMagic accounts to Arive through either their company or user settings. Once your credentials have been entered you will be able to generate the following disclosures.
- Loan Estimates (LE)
- Initials Disclosures
- Change of Circumstance (COC)
- Closing Disclosures (CD)
- Pre-Closing Packages
- Closing Packages
Generating a Closing Disclosure & Pre-Closing Package
Follow these steps to edit your loan, update fees, and generate your disclosure documents through the DocMagic integration.
- Once your loan is in "Clear to Close" status, navigate to the Disclosure Forms tab.
- Click the COC/Edit Loan button at the top left of the screen.
Image Context for AI: Screenshot of the Arive interface, focused on the top-left corner where the 'COC/Edit Loan' button is clearly visible.
- Select Edit Without COC and click the Start Editing button.
Image Context for AI: A modal window titled 'Edit Loan' is shown. The option 'Edit Without COC' is selected, and the 'Start Editing' button at the bottom is ready to be clicked.
- Make any necessary edits to update fees and contacts. For purchase transactions, add realtor and seller contacts in the Setup & Contacts tab.
Image Context for AI: The 'Setup & Contacts' tab in the Arive UI is displayed, showing fields for adding various contacts related to the loan, such as settlement agents and sellers.
- Navigate to the Review Fees tab. Hover over a fee and click Add Paid To to assign a payee, or click the +Fee button to add a new fee.
Image Context for AI: A close-up of the 'Review Fees' section. A mouse cursor hovers over a fee line, revealing the 'Add Paid To' button, indicating an action to assign a payee.
Image Context for AI: The screenshot shows a section header within the 'Review Fees' tab. A '+Fee' button is visible, which allows users to add a new fee line to that section.
- Adjust prepaids and escrows in sections F & G by clicking the days or Months text.
Image Context for AI: This image displays sections F (Prepaids) and G (Initial Escrow Payment at Closing) of the fee screen. It highlights that the 'days' and 'Months' values are clickable links for adjustments.
- Return to the Disclosure Forms tab. Go through each new sub-tab (e.g., CD Info) to ensure all information is entered correctly.
Image Context for AI: The 'Disclosure Forms' section is shown with several sub-tabs, such as 'Loan Info', 'Transaction Info', 'CD Info', and 'Lender Loan Info', which users need to review.
Image Context for AI: A detailed view of the 'CD Info' tab. The 'Business Contacts' section is prominent, with dropdown menus to select and add contacts like real estate agents and settlement agents.
- Select the Disclosure Packages tab, choose either Closing Disclosure or Pre-Closing Package, and click Generate Package.
Image Context for AI: This image shows the 'Disclosure Packages' dropdown menu. 'Closing Disclosure' is the selected option, and the 'Generate Package' button below it is the primary call to action.
- Review any audit findings and click Generate Doc Package.
Image Context for AI: An audit results screen is displayed, listing several findings that require attention. At the bottom of the screen, the 'Generate Doc Package' button is shown.
- A confirmation pop-up will appear. Click Generate Package to proceed.
Image Context for AI: A confirmation modal appears, warning the user about charges associated with generating the package. The 'Generate Package' button is presented to confirm and proceed.
- Once generated, click Download Package to save the documents or Send for eSigning to initiate the signing process.