How to Streamline Mortgage Origination with Automation: A Whitepaper
Point of Sale (POS) mortgage origination platforms have become the new standard for the modern mortgage borrower, who expects the process of applying for a mortgage to be as easy and accessible as any of the latest smartphone apps. And why shouldn’t it?
But when it comes to streamlining the mortgage origination process, these platforms can be a bit of a dead end on the lender’s side, requiring all of the data and documents that the consumer uploaded so conveniently to be re-entered and validated.
It’s a time-eating duplication of effort, with a big margin for error on the side. That’s not automation, it’s fauxtomation.
True automation looks and feels very different. And there’s no reason to settle for anything less.
Our whitepaper, How to Streamline Mortgage Origination with Automation, will show you what the right system of automation looks like – an end-to-end solution that allows you to re-deploy your valuable knowledge workers to jobs where they can really make a difference, and leave the repetitive tasks of document management, extraction and classification to the robots.
Here are a few highlights:
- How automation deployed throughout the origination process will reduce labor, increase speed to close and improve profit margins
- Overview of an automated loan origination process
- How origination documents are classified in the automation process
- Document extraction and exception handling
- The role of Robotic Process Automation (RPA) in the mortgage origination process
When you put the power of state-of-the-art mortgage automation software to work for you, you also improve the accuracy of your data and extend your reach with the insights that sophisticated reporting capability will inspire. You’ll increase your speed to close and grow your profit margins, spreading the benefits among every stakeholder in the process.
Your Partner in Genuine Mortgage Origination Automation
At MetaSource, we have the expertise and the tools you need to move your mortgage origination process into the 21st century and beyond. Our Symmetri tool is a mortgage origination platform automation tool that creates a bridge between consumer-friendly POS software and your loan origination system (LOS) for genuine automation that lives up to the promise. Don’t settle for automation that only does part of the job.