Loan Underwriting
Automate the analysis of loan documents
Lenders trust Ocrolus for faster, smarter credit decisions
Enhance your underwriting operations with industry-leading accuracy and speed.
Supercharge your origination funnel with Ocrolus.
Ocrolus empowers lenders to conquer every phase
of the loan origination process:
- Process apps faster and more efficiently than ever before
- Review more deals with leaner staff
- Estimate income with greater certainty
- Document decisions for regulators and investors
Business Lenders
Ocrolus enables business lenders to fund more profitable deals by quickly and accurately analyzing borrower financials.
Documents analyzed:
BANK STATEMENTS
TAX DOCUMENTS
BROKER APPLICATIONS
INVOICES
PHOTO IDs
- Analyze borrower bank statements with 99+% accuracy
- Automate ISO application entry and turn on more channels
- Fund deals with industry-leading speed
- Beat fraud with intelligent suspicious behavior detection
- Generate dozens of cash flow analytics
- Average balances
- Estimated revenue
- Loan stacking
- NSF transactions
Mortgage Lenders
Mortgage lenders use Ocrolus to automatically analyze a broad set of documents.
Documents analyzed:
BANK STATEMENTS
PAY STUBS
TAX DOCUMENTS
MORTGAGE FORMS
PHOTO IDs
- Verify income across multiple documents, including pay stubs, bank statements and tax docs
- Automatically categorize and parse 1003s, 1008s, and other mortgage forms
- Validate identity and proof of residence with IDs and utility bills
- Establish a comprehensive audit trail of clean data from all the documents you process, with 99+% accuracy
Consumer Lenders
Personal lenders use Ocrolus to confirm applicant identity and income, faster and more efficiently.
Documents analyzed:
BANK STATEMENTS
PAY STUBS
TAX DOCUMENTS
PHOTO IDs
- Auto-classify documents
- Verify income in minutes with automated pay stub analysis
- Efficiently analyze bank transactions
- Quickly confirm identity and proof of residence
- Process fluctuating volumes with consistent speed
- Disarm fraudsters with automated fraud detection bolstered by human review
Auto Lenders
Ocrolus empowers auto-lenders to rapidly and accurately qualify borrowers.
Documents analyzed:
BANK STATEMENTS
PAY STUBS
TAX DOCUMENTS
PHOTO IDs
- Confirm income with automated pay stub analysis
- Analyze bank transactions with speed and efficiency
- Easily verify identity and proof of residence
- Uncover applicants or dealers who submit fraudulent applications
- Classify documents automatically
- Maintain consistent speed no matter the document volume
“As a small business financing organization, our underwriting team spent hours upon hours manually reviewing over 400,000 pages of bank statements each month. By incorporating Ocrolus into our process, we’ve been able to automate the analysis of these statements – freeing up our underwriters to focus on more complex applications that require actual human oversight. This tool has played a major role in helping us become the first online lenders in the business financing industry to fully automate the funding process.”
Andrew Reiser, CEO, Kapitus
“BlueVine has been growing rapidly since we launched five years ago and we’re excited to partner with Ocrolus, which has helped improve efficiencies in our operations and scale our business. Ocrolus has enabled us to improve the customer experience and offer small business owners faster and more convenient access to financing.”
Eyal Lifshitz, CEO, BlueVine
“Ocrolus elevated our bank statement analysis capabilities to the next level. We highly recommend Ocrolus to lenders who wish to scale more efficiently and improve credit risk.”
Jim Granat, Head of Small Business Financing, Enova International
“Data entry is not a core component of our business. Ocrolus has become our trusted partner for bank statement reviews allowing us to scale volume with a leaner underwriting staff. The industry’s been in need of a technology provider to extract and validate data with dependable accuracy. Ocrolus offers an elegant solution.”
Sol Lax, CEO, Pearl Capital
