Context
A large mortgage company needed to cut the time from document receipt to underwriting-ready file.
Challenge
Loan-document turnaround was holding up closings.
What we deployed
Document AI reading 1003/1002 forms, W-2s and paystubs.
Typical architecture
- STEP 01
Documents classified on arrival
- STEP 02
Fields extracted and validated
- STEP 03
Clean data posted to underwriting
Illustrative of how this solution is typically structured and governed; deployment specifics are available under NDA.
Results
- 70% faster loan-document turnaroundPartner-reported
NoteResults from deployments by GoGenesis and its platform partners. Outcomes vary by portfolio and operating environment; your results are set in the pilot.
Governance approach
- Low-confidence fields sent for human verification
Illustrative of how this solution is typically structured and governed; deployment specifics are available under NDA.