● Eliminate loan officer busywork chasing down documents
● Capture all your documents regardless of their source
● Automatically validate and request updates for invalid documents
● Reduce the need and costs of your LO support staff
Transform your mortgage operations
Best in class lenders are using machine learning to lower overhead costs and increase team capacity.
SVP of Bank Operations at Trustmark:
“Encapture has proven absolutely essential to our ability to step up in this challenging time. We could not have overcome the logistical challenges we faced without them.”
Front Office
Spend more time with borrowers
Reduce loan turn times
● Improve responsiveness and transparency for your borrowers through instant feedback on submitted documents
● Shorten processing times by recognizing invalid documents immediately
● Allow borrowers to share documents whatever way they want with Encapture’s omni-channel document collection
● Reduce underwriting times by automatically triggering requests for additional documentation based upon conditions
Empower a superior borrower experience
• Improve responsiveness and transparency for your borrowers through instant feedback on submitted documents
• Shorten loan turn times and speed up funding by recognizing invalid documents immediately
• Allow borrowers to share documents in whatever way they want with Encapture’s multi-faceted document collection
Back Office
No more stare-and-compare
● Automatically compare documents against data points in business systems like your LOS
● Checks for initials, signatures, notary stamps, and keep your LOS in sync
● Cut your post closing review process to less than 2 minutes
Automate error identification & resolution
● Automated checklists minimize the need for high experience and shorten your list of manual checkpoints
● Encapture mimics a QC checklist, validating documents in real time
● Allow QC teams to focus to manage exceptions internally and reduce SLAs
Say goodbye to errors and inefficiencies
• Machine learning ensures documents get saved to the right place in the loan file
• Address more loans by increasing team efficiency by 35%
• QC times are 5X more efficient when they aren’t gathering documents and manually entering data into systems
Compliance
Eliminate compliance risk
● Put your documents in sync across all platforms to ensure data consistency
● Eliminate data entry errors and provide audit history to simplify HMDA
● Automatically extract key HMDA data points from loan packages
Get ahead of compliance
● 100% of loans are reviewed to ensure accurate systems of record
● Data quality is maintained in real-time with no heavy backload
● Peace of mind for your team that compliance issues are eliminated with high data quality
Eliminate risk
• Data quality is maintained in real-time with no heavy backload when annual compliance reviews are required
• Increase lender satisfaction by removing tedious tasks in the application process
• Peace of mind for your team that compliance issues are eliminated with high data quality