Lender adopts advanced, AI-powered technology to scale operations, drive market expansion, and provide a modernized borrower experience
Tavant, a leading provider of AI-powered fintech solutions and digital engineering, announced Northpointe Bank, a leading financial institution renowned for its innovative lending solutions, has selected Tavant’s TOUCHLESS® AI Mortgage Transformation Platform to enable digital transformation of its operations, streamline the loan origination lifecycle, and process more transactions faster while providing borrowers a more simplified, personalized experience. Northpointe Bank, which specializes in personalized home financing and deposit banking with flexible mortgage and refinance options, engaged Tavant to support its ongoing innovation and digital transformation efforts.
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“We’ve built strong momentum across all lines of business, and our partnership with Tavant represents a strategic investment in strengthening our operational excellence,” said Kevin Comps, President, Northpointe Bank. “Integrating Tavant’s TOUCHLESS platform will further enhance automation within the mortgage lifecycle, helping us improve efficiency and deliver an even more seamless experience for our customers, while maintaining the personalized service that defines Northpointe.”
Northpointe is leveraging Tavant’s TOUCHLESS AI Mortgage Transformation Platform to automate components of the traditionally manual mortgage origination process, reducing manual data entry, streamlining workflows, and creating a more efficient and seamless experience for both borrowers and employees. The platform automatically classifies loan documents, extracts key information, and flags missing data. Borrower credit, income, and assets are verified directly from documents, while appraisals are reviewed for errors or inconsistencies, allowing underwriters to focus only on exceptions.
Hassan Rashid, President of Fintech at Tavant, said, “Northpointe Bank’s vision to scale their operations while maintaining exceptional service quality perfectly aligns with what our TOUCHLESS platform was designed to deliver. We are proud to support their digital transformation initiatives by providing the automation and intelligence needed to process loans more efficiently and accurately.”
Tavant’s TOUCHLESS® AI Mortgage Transformation Platform enables lenders to cut processing times to a matter of days, boost underwriter productivity by a factor of twelve, and reduce costs by 60%, all while improving borrower experience. This is achieved through advanced AI, including an Agentic AI assistant MAYA™, intelligent AI-powered document analysis, real-time external data integration, predictive underwriting, and dynamic workflow and experience configuration. The platform enables rapid AI transformation, enhancing existing LOS and POS systems with an implementation time to first impact of under six months.
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