Welcome to Lightning Docs

Lightning Docs is a fully automated, cloud-based loan document solution developed by Geraci LLP. Its user-friendly interface, low cost, and instant delivery make Lightning Docs the perfect solution for your loan documentation needs.

Here's how it works:

Lightning Docs puts best-in-class, law firm-grade loan documents at your fingertips.

STEP ONE

Complete a brief questionnaire with some basic information about your loan, such as: the loan amount, loan term, interest rate, etc.

STEP TWO

Lightning Docs assesses the terms entered, and tailors your loan document set to your specific transaction.

STEP THREE

Download your documents with the peace of mind that all relevant terms and provisions are included to keep you protected and out of litigation!

Lightning Docs is trusted by over 50% of the top 50 Private Lenders in the U.S.

and are the official loan documents of AAPL!

Renovo made the switch to Lightning Docs in 2021 for several different reasons: efficiency, consistency, and ease of use. Prior to LD, we were using Microsoft to plug and play, which is not the easiest, quickest, or most efficient process. Lightning Docs allowed us to scale our business when we were quickly growing in different markets. Before, we would have to engage with different attorneys to update our templates, but Lightning Docs made things simpler and easier as it covers all 50 states, and really cut down the time our closers were spending drafting loan documents!

Socotra Capital operates in about 18 different states, and we choose to use Lightning Docs because, previously, we drafted most of our docs in house, and the time and commitment it would take to stay compliant with the relevant covenants, requirements, regulations became a drain on the business. So we now use Lightning Docs because it is the most quick, reliable, affordable, and best set of loan docs you can get in the business; and gives you the guards you need to make a safe and reliable loan.

We've been using Lightning Docs for at least 4 years and we have it fully integrated with our LOS. We close over 500 loans a month on the system, and the value of what you get is unbelievably good, especially when the market is such that your loan level costs need to be low to pass favorable terms onto your clients.

Working with Geraci and their Lightning Docs platform has been a breeze. Our office produces 100+ loan packages a month with this system and our new team members can be quickly trained how to use it. The Geraci team is always a pleasure to work with, and I highly recommend Lightning Docs to anyone.

When we started lending out of state, we looked at a lot of different loan document providers, and found that Lightning Docs was the most suited for our needs. It was an affordable, easy option to integrate into our company, but also came with the expertise and guidance from a fantastic law firm, like Geraci.

Lightning Docs is so cool and has made our Operations Team's lives so easy. It's quick, efficient, and the support from the team is fantastic.

We’ve been using Lightning Docs for a little over a year now, and it has changed our lives, honestly. Prior to that, we were using a doc company that was a very complex, but Lightning Docs makes things so easy. All you have to do is answer the relevant questions, and ignore the ones that aren’t. It only takes me about 10 minutes to draft the loan documents, it is very quick, and very simple!

Week of 6/10/24

Average National Interest Rate (Bridge): 11.26% (up 0.07% from last week)
Best Interest Rate Bridge Counties: St. Louis, MO (12.10%) || Cuyahoga, OH (11.30%) || Cook, IL (10.96%)

Average National Interest Rate (30-Year DSCR): 7.88% (down 0.05% from last week)
Most Active DSCR Counties: Philadelphia, PA (16 loans) || Essex, NJ (9 loans) || Cuyahoga, OH (8 loans)

New Lightning Docs Features

With the launch of Lightning Docs 2.0 comes some exciting new system capabilities. Thanks to our brand new platform – closing a loan has never been easier!

Welcome to Lightning Docs

Here's how it works:

STEP ONE

STEP TWO

STEP THREE

Lightning Docs is trusted by over 50% of the top 50 Private Lenders in the U.S.

The Latest Lightning Docs Data

Week of 6/10/24

New Lightning Docs Features

Create Your Own Loan Product Templates

API and System Integration

Compliance Warnings

Subscribe to Our Newsletter

Copyright © 2024 Lightning Docs. All Rights Reserved.