Close more qualified loans faster
with an automated loan processing solution.
Improve operational efficiency and get critical loan information into your mortgage processing system quickly.
- Minimize manual entry of critical loan information
- Capture loan information faster without searching through files
- Increase accuracy of data entering your loan system
- Comply with emerging standards for electronic documents
- Minimize manual sorting of paper or electronic documents into loan files
- Virtually eliminate manual insertion of patch/separator pages
- Reduce turnaround and processing times
- Easily handle fluctuations in loan volume
Is your manual processing system creating spiraling labor costs or are backlogs of files preventing loans from closing on schedule? Imagine virtually eliminating the tedious sorting of both your paper and electronic files and dramatically minimizing the costly manual data entry you are currently performing just to get loan document information into your mortgage processing system.
An automated mortgage loan processing solution can free you from manual processing headaches and costs… allowing you to increase your operational efficiency, lower your turnaround time and improve the accuracy of data entering your system. This means you can process more qualified loans each day – and at a lower cost per loan – giving you the advantage needed to stay ahead of your competition.
Virtually eliminate tedious sorting of paper or electronic files.
By automatically identifying and sorting loan document images into the appropriate loan packet, minimal or no manual pre-sorting is required. AnyDoc®MORTGAGE™ captures information such as a loan number or appraised amount from the document images contained within a loan packet – without manual data entry – for output to multiple destinations such as to your loan processing system or a specific decision-maker.
With AnyDocMORTGAGE, instead of stacks of paper being sorted and shuffled from department to department, at the risk of lost or misrouted documents, loan documents only need to be placed on a scanner – which can be located at either an on- or off-site location. Once scanned, the document images are electronically routed to the appropriate mortgage processor or via the Internet if remotely scanned.
Automatically identify electronic loan documents and capture critical data without manual data entry.
AnyDocMORTGAGE sorts, separates and classifies the different electronic loan document images based on your specified criteria, such as a common loan or social security number while maintaining loan integrity. New documents that cannot be automatically classified are routed to an exception queue for quick identification. Then the desired data, such as annual income or loan amount is captured off of the document images within a loan packet. The manual insertion of patch or separator pages is usually not required. Mortgage processors verify only the data you select to be reviewed instead of searching for the correct information on each document to manually key.
After verification, the captured data is sent to the desired destination such as your processing system, with greater accuracy and much faster than before – turning what was a very labor-intensive and error-prone operation into a smooth and efficient automated process. Easy integration with your mortgage system means complex programming is not required and data can be seamlessly transferred. And because AnyDocMORTGAGE automatically indexes or “tags” each document image, retrieving specific document images from a loan packet at a later date can be done with just a few keystroke.
By replacing error-prone manual processes with an automated solution, you’ll save time and money while increasing productivity. AnyDocMORTGAGE provides the best practice mortgage processing solution for speed, operational efficiency and accuracy of data to help you close more qualified loans faster.