Ensuring the loan origination process goes smoothly is a continuous challenge. Mortgage lenders process hundreds of applications daily, but with so many documents involved, the process requires significant manual effort, and is prone to error and delay. Now imagine if you could intelligently automate the process, ensuring loan applications are complete and documents are automatically uploaded into your loan origination system (LOS). Imagine automating specific functions, like tasking, conditioning, and decisioning, to digitally transform your entire process.
With robotic process automation (RPA), you can automate interactions between critical applications, data entry and extraction, and reporting. Whether or not you use the latest, most sophisticated POS, LOS, and core banking systems, RPA can be layered on top of your current systems to eliminate and streamline business processes. And because it builds upon your existing technology, RPA can provide immediate relief for limited staff and remove the need for temporary workers as your workload expands. Intelligent document processing further accelerates and supercharges the mortgage origination process. By combining RPA with machine learning and artificial intelligence, costly steps like document classification, manual data entry, and document analysis are eliminated.
Join our upcoming webinar to learn how you can take your mortgage processing to the next level and discover:
- How to integrate older, closed, non-API based systems with your modern applications
- How to identify tasks loan officers are doing today that could be performed by a bot
- How bots can aid in underwriting with reviewing documentation
- How HelpSystems solutions provide a higher-quality mortgage lending experience through a live demonstration