LIVE SESSION – Modernizing mortgage workflows for a changing market
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AI-driven document automation and analytics across application, processing, underwriting and closing.

Onboard borrower documents with Ocrolus for faster decisions and process transparency

Today's leading mortgage lenders partner with Ocrolus

AFN
American Fed
Better
Crosscountry
Deephaven
Hometrust
ICE Mortgage
Loan Mortgage
PennyMAc
UnionHome light
AFN
American Fed
Better
Crosscountry
Deephaven
Hometrust
ICE Mortgage
Loan Mortgage
PennyMAc
UnionHome light

Fluctuating mortgage demand challenges lenders to automate processes and adapt to industry volatility.

Ocrolus automates the review and analysis of borrower documents, returning accurate data into your loan origination system. Empower loan teams with capabilities to classify financial documents, capture key data fields and pre-populate income calculations, enabling faster, data-driven mortgage loan processing.

Automatically index and extract data from borrower documents with confidence

Eliminate manual data entry

Create structured data at the start of the borrower journey

Deliver data natively within your LOS

Income calculation for wage earners, self-employed borrowers, rental properties and bank statement loans

Automate analysis of borrower income documents following Fannie Mae and Freddie Mac guidelines in addition to government-backed loan programs

Leverage income calculations across multiple borrower and property types, including non-traditional income

Import calculations into Encompass® by ICE Mortgage Technology® with transparency and confidence

Inspect: Automate loan processing with confidence

Identify mismatches in borrower information, assets and employment data

Detect missing documents needed to support loan applications

Surface unsupported assets from borrower documents

Track discrepancies and create conditions for underwriting

Inspect works seamlessly with Encompass® 1003 loan applications, ensuring consistency, completeness and confidence in every loan file and is a game changer for loan processing.

Neighborhood Loans reduces processing time by 90% with Ocrolus AI

ocrolus neighborhoodloans

Explore our API

Review our API documentation, including guides, references, and tutorials, and see what it’s like to work with Ocrolus.

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Ready to go?

Connect with one of our mortgage automation experts to find out how Ocrolus can help you manage fluctuating demand with ease.

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Frequently asked questions

Mortgage process automation is an intelligent technology-driven process built to improve efficiencies in the mortgage lending process. Automation helps to minimize resources and improve document verification and processing, enabling faster, data-driven mortgage loan processing.

Robotic process automation (RPA) is a form of automation technology replicating the actions customarily carried out by humans in the mortgage lending process. It uses algorithms and software to automate repetitive tasks that involve structured data or rule-based processes. RPA doesn’t require extensive programming knowledge, making it easier for non-technical personnel to use. RPA can be adjusted as needed, allowing lenders to tweak the automated task’s timing and effectiveness.

Optical character recognition (OCR) is the ability of machines to convert images of typed text into machine-readable data. Ocrolus’ system takes OCR further in mortgage by intelligently selecting the extraction or OCR tool, which results in very high raw accuracy, then layers in proprietary pattern recognition and machine learning models.

Regardless of document quality, mortgage lenders can use Ocrolus to process and verify many types of mortgage documents such as bank statements, pay stubs, W-2s, IDs, and much more. You can view our full list of supported documents here https://ocrolus.com/supported-documents/.

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