LoanMagic vs Loan Estimate

*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/

Loan Estimate helps you understand how payment frequency, interest rate, amortization, and extra payments affect total interest and payoff date. Enter your mortgage or loan details, compare repayment scenarios, and review a clear amortization schedule. Whether you are planning a new mortgage, refinancing, or exploring prepayment strategies, Loan Estimate gives you a simple way to review the numbers before you commit. Features: - Estimate installments, total interest, and payoff date - Review amortization schedules with principal and interest breakdowns - Add one-time or recurring extra payments - Compare scenarios with and without extra payments - Adjust advanced settings to reflect regional lending and amortization conventions