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Ocrolus Mortgage Document Automation
Ocrolus Mortgage Document Automation

Ocrolus Mortgage Document Automation

ProductOperating Status: Currently Offered

Ocrolus automates mortgage document classification, income analysis, and condition clearing inside an existing loan origination system.

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Overview

Ocrolus is a mortgage document automation product that classifies borrower documents, calculates income, and clears conditions for lenders. It indexes thousands of document types, analyzes assets and income, and checks borrower-provided documents against the loan application data. Results reach underwriters through a review dashboard, and the product integrates directly with Encompass.

The product serves banks, credit unions, independent mortgage banks, and other mortgage lenders in the United States. Income outputs are eligible for government-sponsored enterprise representation and warranty relief, and the income calculations are accuracy-insured.

Ocrolus Mortgage Document Automation - Classification

Industry
  • Mortgage Lending
Tags
  • Document Processing

Direct Competitors

  • TRUE

    TRUE logo

    Mortgage Operations Service

    true.ai

AttributeOcrolus Mortgage Document AutomationMortgage Operations Service
ProviderOcrolusocrolus.com127M raised · Series CTRUEtrue.ai21.9M raised · Series B
Founded20142017
Sells To—Enterprise
Pricing Model—Recurring, SaaS, Software
Ownership—Private
Ocrolus Mortgage Document Automation

Provider Ocrolusocrolus.com127M raised · Series C

Founded 2014

Sells To —

Pricing Model —

Ownership —

Mortgage Operations Service

Provider TRUEtrue.ai21.9M raised · Series B

Founded 2017

Sells To Enterprise

Pricing Model Recurring, SaaS, Software

Ownership Private

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