.jpg)
Ready to get started?
See our platform in action to experience the transformative efficiencies it can bring to your processes
Process mortgage documents without needing any human intervention. With patented Confidence Score, Infrrd for Mortgage delivers accurate, ready-to-use data from day one.
Designed to meet the specific processing needs of mortgage companies, Infrrd for Mortgage has pre-trained machine learning models that deliver high accuracy without needing any training data
Mortgage process automation involves the use of AI and ML-powered solutions to streamline and enhance the mortgage processing journey. It encompasses automating tasks such as document indexing, verification, quality checks and anomaly detection. By integrating automation, the mortgage process services become more efficient, accurate and less prone to errors, providing a smoother experience for both loan officers & customers.
Automating a mortgage process entails deploying AI and machine learning technologies to handle various aspects of the mortgage journey. This includes machine learning mortgage algorithms in automating document indexing, analyzing credit reports, verifying provided documents, and identifying errors or anomalies in bank statements. Through a combination of intelligent algorithms and human validation, the mortgage process becomes more accurate and efficient.
While the content does not specifically discuss automating mortgage payments, automation in the mortgage industry generally refers to automating the processing and approval of mortgage applications, mortgage document processing and verification, and other related tasks. Automating mortgage payments typically involves setting up recurring payments through banking systems and is not the central focus of the information provided.
AI is employed in mortgage lending through various ways outlined in the content. Mortgage AI assists in document processing, verification, anomaly detection, and accuracy enhancement. It combines machine learning algorithms with human-in-the-loop validation to continually improve accuracy. AI-driven tools help loan officers make better decisions by providing insights and identifying potential issues earlier, ultimately leading to a more efficient and accurate mortgage lending process.
Glad you asked. Our data extraction process runs on servers. We have found performance and accuracy decline when running on a desktop or mobile device. (Remember Infrrd is running a powerful AI stack).
Common documents and use cases work out of the box. The cool thing is your solution will improve as the system learns from your documents upfront and over time.
Did you know no system is 100% accurate all the time? When extraction errors occur you want to correct them. We provide a simple UI that your business analyst will use to make corrections.
Our solution excels at data extraction from handwriting. We've got proprietary methods and techniques that do the trick. It's pretty cool. See for yourself.
See our platform in action to experience the transformative efficiencies it can bring to your processes
