Snap! App vs LoanMagic

The Snap! App connects Home Buyers & Realtors with Loan Officers to learn which home loan they can pre-qualify for when searching for a home to purchase. If a home buyer is pre-qualified, they can print an official Pre-Approval letter to use when placing an offer on a house. The Snap! App allows all 3 parties (home buyer, loan officer, real estate agent) to track the progress of the home loan application process as the Home Buyer meets the milestones and conditions required to get final approval. The App allows Home Buyer to: - Use our Mortgage Calculator to determine an exact monthly mortgage payment - Use the Mortgage Calculator to see if you are qualified for a loan amount - Use the Mortgage Calculator to see which home loan types you are eligible for - Print a Pre-Approval Letter to use when making an offer on a Home - Use the Milestones tool to track your Home Loan Application progress - Use the Conditions tool to submit items to your Loan Officer to meet your loan qualifications - Contact your Loan Officer or Realtor quickly and easily The App allows Realtors (for Buyers & Sellers) to: - Review your home buyer's financials - Use the Calculator to determine how much of a home they can afford before scheduling a showing - Use the Mortgage Calculator to see which home loan types they qualify for - Use the Milestones tool to track their Home Loan Application progress - Use the Conditions tool to track your client's progress - Contact the Loan Officer

*The LoanMagic app requires an ACTIVE HOME LOAN. Ask your mortgage lender for a FREE invitation with your unique login! The LoanMagic app lets borrowers manage the entire loan process. Keep track of your loan status in real-time. Send, receive and sign your loan documents. Message your mortgage team instantly, and schedule important events right to your calendar! REAL-TIME LOAN STATUS UPDATES Follow your loan progress in real-time. The loan tracker means you’ll always know where you are in the loan process. Each stage of the loan process is clearly explained and LoanMagic’s push notifications ensure that you never miss critical dates. SEND DOCUMENTATION TO YOUR LENDER VIA THE APP No more copying, faxing or mailing files to your lender/broker. It’s so easy, and fast, to take pictures of documents or upload them to the app. Now your loan files are secure and organized in one place to share with your lender via LoanMagic’s encrypted integrations. (Share files via Dropbox, GoogleDrive, Box, and MS OneDrive). REVIEW & SIGN DOCUMENTS Complete and sign your loan documents right from the app. eSigned documents are automatically sent to your lender via LoanMagic’s secure & encrypted connection. COMMUNICATE PRIVATELY & SECURELY WITH YOUR MORTGAGE TEAM Get your questions answered immediately. LoanMagic’s secure chat feature stops the endless back-and-forth of email and voicemail. LoanMagic gives you everything you need to manage and close your home loan in one convenient place. CONNECT Support https://www.docmagic.com/support About us: www.docmagic.com If you’re a Lender or Settlement agent who wants to offer the LoanMagic app to your customers, please contact us at https://www.docmagic.com/webservices/contact/