[Use Case] Extract, Classify and Validate Documents Faster

A leading mortgage transaction company leveraged AI to process applications 45% faster

Despite having mortgage applications with poor clarity, checkboxes, and multiple supporting documents, our client needed automation to classify documents, extract data, and validate accuracy with increased speed.

As part of the extraction process, the Fintech firm was able to correct documents early on with less repetition and even predict the need for any additional required documents.

Our Intelligent Mortgage Processing Solution was able to:

• Reduce overall processing time by 45%
• Transform their mortgage application review process
• Reduce back and forth between Lone Officers and customers to get the correct documents
• Empower their team members, who were stuck doing manual processing, with powerful ML tools

Take a look at how we were able to achieve this by downloading this use case.

Infrrd. Solutions for Intelligent Work.