Patent ID: 11869072
Assignee: BRAUSTIN HOMES, INC.
Field: Computer technology (Electrical engineering)
Classification: CPC G | IPC G

Claim 14:
15. A computer implemented method comprising:
receiving a document, in the form of a first digital file, from a mobile device associated with the borrower, the document being tagged as relating to at least one document in a list of documents that must be submitted to a lender;
automatically modifying the first digital file if the received document would not be acceptable by the lender, wherein the automatically modifying comprises converting, by a file conversion engine, the first digital file from a format which would not be acceptable by the lender to a standardized format which would be acceptable by the lender;
send the modified first digital file to a loan facilitation system;
receiving a determination from the loan facilitation system, the determination comprising an approval or a denial of the document sent to the loan facilitation system;
receiving a review from the lender regarding each document sent to the lender, the review comprising an approval or a denial;
sending a resubmission request to the borrower if a denial is received from the loan facilitation system or the lender; and
automatically updating a status indicator whenever a document is received from the borrower, whenever a received document is determined to be acceptable to a lender, whenever an automatically modified first digital file is received, whenever a review is received from the loan facilitation system, or whenever a review is received from the lender, wherein the status indicator is provided in real time such that the borrower and at least one loan facilitator associated with the loan facilitation system have immediate access to up-to-date status information of each document that is required to process a loan application.