Feature Requests

Summary:
Enable users to create and organize all required loan documents within LendingWise using a folder system that separates documents by categories such as borrower docs, property docs, loan docs, and investor docs.

Description:
This feature would provide a structured and user-friendly way to manage loan documents in LendingWise. By categorizing documents into folders, users can easily access, organize, and manage the documentation required for each loan file. This ensures compliance, streamlines workflows, and simplifies the review process.

Key Features:

Predefined Folder Categories:

Offer standard folders for common document categories, such as:
Borrower Docs: IDs, pay stubs, tax returns, credit reports.
Property Docs: Appraisals, inspections, title reports, insurance.
Loan Docs: Loan applications, disclosures, closing instructions.
Investor Docs: Funding agreements, purchase contracts, participation documents.

Customizable Folder Structure:

Allow users to create custom folders and subfolders to fit specific workflows or unique loan types.
Support drag-and-drop functionality for quick reorganization.
Document Upload and Categorization:

Enable users to upload multiple documents at once and assign them to the appropriate folder.
Include tags or metadata for additional searchability.
Role-Based Permissions:

Control folder access based on user roles (e.g., loan officers, underwriters, investors) to ensure sensitive information is secure.
Version Control and Audit Trail:

Track changes to documents, including uploads, edits, and deletions, with a full version history and audit trail.
Search and Filter Functionality:

Add robust search capabilities to quickly locate specific documents across folders.
Include filters for document types, upload dates, or associated users.
Notifications and Alerts:

Notify users when required documents are missing or when new documents are uploaded.
Set automated reminders for document submissions or expirations.
Integration with Automation:

Link document folders to loan stages, automatically populating required folders as the loan progresses.
Automate document requests from borrowers or third parties.
Collaboration Tools:

Allow borrowers, title companies, and other third parties to securely upload documents directly into specific folders.
Support comments or annotations on individual documents for review.
Export and Sharing Options:

Enable users to export entire folders or specific documents for external review or compliance purposes.
Provide secure sharing links for external stakeholders.
Why This Is Valuable:

Efficiency: Simplifies document management, saving time for loan officers, underwriters, and processors.
Organization: Ensures all required documents are categorized and easy to locate, reducing errors and missing items.
Compliance: Provides a clear and auditable structure for regulatory reviews.
Collaboration: Enhances communication between all parties involved in the loan process by centralizing document access.
Scalability: Supports high-volume loan processing with an intuitive system for managing large numbers of files.