Key mortgage industry specific tools and proprietary algorithms
With millions of pages processed and tens of thousands additions every day, Zeitro’s OCR technology continues to improve and lead its class in accuracy and efficiency.
- Extracts structured data from documents in seconds
- Generates doc requests, include rationale and instructions
- Cross-validates user information
- Automatically sends alerts when problematic files are found
Robotic process automation allows Zeitro to perform information reconciliation, data formatting, file assessments, and document verification without human intervention, replacing the traditional “stare and compare” quality assurance workflow. Zeitro's RPA reduces clerical errors and turnover time, while processing multiple loans concurrently.
Nature Language Processing (NLP) and Machine Learning (ML) engines have been developed in-house to facilitate data collection and ultimately real-time decision making. Convoluted financial documents often contain sentences difficult to machine-read. By dissecting the information using Zeitro’s NLP and ML engines, this information can then be used in loan eligibility analysis for customers.