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How Can We Automate the Flood Certificate Process During Loan Approval?

Question: 
How can we automate the flood certificate management process?
Answer: 

These days, many banks use on-demand electronic services to pull flood certificates during the loan approval process. Although this is more efficient than dealing directly with a municipality, the document still must be manually ported into the bank's ECM. Some document management systems offer direct integration with flood certificate services, helping to streamline the loan approval process.

First published on 06/16/2014

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