Mortgage Automation
Accelerate Mortgage Decisions with Validated Data
Onboard documents into any LOS for quicker decisions and process transparency
Ocrolus has integrated mortgage solutions for automating borrower documents for origination, funding and secondary market preparation.
Ocrolus provides a comprehensive solution that completely eliminates manual data entry, allowing mortgage professionals to focus on underwriting, compliance and approval.
Your Goals
- Secure borrower-provided documents
- Digitize documents into actionable information
- Flag potentially fraudulent content
- Present a loan package with complete confidence
- Meet 30-day funding windows
Ocrolus Features
- Verify income across pay stubs, bank statements and tax forms
- Automatically categorize and parse 1003s, 1008s and other mortgage forms
- Validate identity and proof of residence
- Verify LTV, debt-income ratios, and liability amounts
- Establish a comprehensive audit trail of clean data
Benefits
- Close mortgages faster
- Reduce the fraud risk
- Make more informed origination & insurance decisions
- Reduce document digitization costs
- Add scalability to credit analysis