Speed up ‘on the go’ bulk processing with zero upfront costs, Reduce turn time by 50%
Within the Mortgage industry, originators need to process loans in bulk. A proven OCR tool can do the job for you and save you 50% turn time, and that too with no upfront costs.
Within the Mortgage industry, there are several instances where originators must process loans in bulk. For example, a wholesaler trying to process multiple files uploaded by brokers across the states at one go; a correspondent lender selling loans in bulk to the principal (and indexing those loans per stacking orders handed down by the principal). Much of this work would be impossible without OCR.
Investing in technology comes with upfront costs and ROI on the investments are not certain and take time. If you can use a proven OCR tool in a ‘pay per use’ model, then you don’t need to worry about any upfront costs, nor do you need to wait for any development time.
You can directly start using the technology to digitize loan applications in quick time and reduce cycle time by at least 50%.
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