Underwrite smarter. Make borrowers happy.
Analyze borrower income with speed and certainty, dramatically reducing time-to-fund.
Tech-forward mortgage lenders automate origination workflows with Ocrolus
Modernize the mortgage experience
Equip your loan production team with AI to enhance customer experiences, boost productivity and scale with confidence.
AI-powered underwriting
Index 2,000+ document types
Asset analysis
Conditions management
Income calculations
Credit, collateral and AUS review
Fraud detection
Income
Precise calculations across all income types
Transform bank statements, pay stubs and tax forms into decision-ready income data.
With Ocrolus, you get:
- Support for a wide variety of income types including W2, 1099, gig, self-employed, rental and more
- Intuitive underwriting dashboard for faster reviews and fewer touches
- Direct integration with Encompass, the industry's leading Loan Origination System
Income outputs eligible for Fannie Mae reps and warranties relief.
Data capture accuracy insured by Lloyd’s of London.
inspect
Automatically create and clear conditions
Identify and resolve discrepancies between borrower-provided documents and Encompass 1003 application data.
With Inspect, you can:
- Streamline communications and reduce cycle times
- Eliminate data review errors and drive more reliable outcomes
- Remove bias and judgment with systematic conditioning
“Over 95% of documents that we have are processed through Ocrolus, and that dramatically changes the scalability of Better’s business.”
“The AI-powered automation has allowed underwriters to open a file and start underwriting immediately. Ocrolus handles the renaming and organization, so our team doesn’t waste time getting the file ready.”
“Underwriters really enjoy working with the income calculator. They can see how the data was read or processed and then double-check and confirm that the income calculation that the system came up with is accurate.”
“Ocrolus' solutions helped us not only improve operational efficiency and productivity through automated document review, but also expand our lending base to include borrowers with non-traditional income sources.”
“Ocrolus' solutions helped us not only reduce loan processing time through automated document review, but also create valuable time for our underwriters to focus on the highest-complexity income by automating the analysis of most income sources. Ocrolus is a partner in allowing Compeer to focus on the most important thing - nurturing relationships with our clients.”
