The problem
Loan files arrive as applications, pay stubs, and statements. Processors retype identity, income, and liabilities before an underwriter can see whether the file is even complete.
How the workflow runs
Submit the loan packet
The loan desk collects the documents and applicant details. The submit starts the run.
Extract application fields
An extract agent reads applicant identity, income, and liabilities from the packet.
Validate completeness
A validate step checks identity, income, and liability fields and reports what is missing. An approval decision is not part of the starter.
What the hosted app shows
Processors upload a packet and track extraction plus the completeness result on the hosted desk. Underwriters can be added as a review step on the canvas.
Who it is for
Consumer and commercial lending operations that intake applications and need a completeness check before underwriting.
Questions
It extracts fields and checks that identity, income, and liabilities are present. Credit decisions stay with your underwriters.
ID and KYC capture is the starter for passports and licenses. This desk expects the broader application packet.
Mortgage underwriting adds property and policy checks on top of borrower extraction. Start there when the collateral is real estate.