[Use Case] Extract, Classify and Validate Documents Faster

A Fintech Focused on Making Home Buying Easier Sped Up its Loan Process 

Despite having applications with poor clarity, checkboxes and multiple supporting documents, the firm was able to use automation to classify documents, extract data, and validate that the information was correct. 

As part of the extraction process, the fintech firm was even able to predict the additional documents required to complete the application.

Previously, the firm had struggled to manage the manual process necessary to extract data from loan documents and feed that data into its lending platform. Further impeding its progress, these documents were also shared between various groups. 

Read the case study and learn how this firm:

  • Enhanced the customer experience.

  • Reduced loan processing time by 45%.

  • Increased collaboration.

Infrrd. Redefine Possible.

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13- Mortgage Application 45%