40% Faster Closing: Intelligent Underwriting & IDP for a National Lender

Focus: End-to-end operational efficiency, risk reduction, and faster time-to-close.

Section

Details

Key Results

About

Custom AI Underwriting Models & Intelligent Document Processing (IDP)

40% Reduction in average time-to close (TTC)

Challenge

The client, a top 50 national lender, faced bottlenecks in the manual review of borrower documents (W-2s, tax forms, appraisals), leading to high costs, long TTC, and inconsistent compliance checks.

75% Automation of data extraction and verification

Our Solution

We developed and integrated a proprietary AI powered solution:

1. An agent that automatically extracts, validates, and classifies data from hundreds of document formats with over 90% accuracy.

2. An Intelligent Underwriting Model that cross references extracted data with credit risk rules and fraud detection signals in real-time.

99.9% Accuracy in data extraction and verification

Outcome

The automated system reduced human review hours by 75%, allowing the lender to scale volume significantly. The result was a dramatic 40% faster closing process, a substantial reduction in compliance risk, and a superior borrower experience.

Eliminated manual data entry errors and compliance failures