Forms add action: run do_action or wordpress filter

Would love to have on both form and advanced form an action: "execute do_action" or "execute wordpress filter", with parameters: $form, and $submission data. This way, the parmeters are fixed, and the code can execute locally to do what it needs to do without resorting to REST API. I'm trying to keep my site light-weight, fast, and efficient. This would be a HUGE boost to productivity for me, and not require me to execute REST Webhook API calls at all.