Mortgage Document Automation
Innovative mortgage document processing technologies are changing how lending organizations manage their business operations to reduce risk, enhance loan origination processes, and empower their underwriting teams using modern AI-driven solutions.
No Income Errors
Help your team, and stop making guideline errors, income calculation errors, and data entry errors.
Whatever your error rate is now, we bet we can reduce it further. Industry surveys indicate income accounts for 23% of all loan errors.
Reps and Warrants
Shift the risk from your company, to ours. We provide full reps and warrants on income analysis. Learn More.
We are integrated with Fannie Mae Income Calculator, so you can also get reps and warrants from FNMA for some income types.
Lower Labor Cost
Typical clients achieve a 2x or 3x reduction in time spent determining income after adopting IncomeXpert for automated mortgage document processing.
IncomeXpert users achieve even greater reduction through AI mortgage document processing. Our best clients are spending minutes on income analysis.
How We Eliminate Income Error
IncomeXpert
IncomeXpert is a complete income analysis solution for brokerages, credit unions, community banks, and national lenders focused on mortgage document automation.
With IncomeXpert, users get assurance of no guideline or calculation errors. Your users enter data into IncomeXpert manually following our easy to follow income worksheets, prompts, and pop ups. This is a cost effective option for many teams.
IncomeXpert layers on additional error reduction and convenience by using artificial intelligence and OCR mortgage technology to perform automated data entry on income documents.
Upload tax returns, paystubs, and VOEs and our software scans the uploaded documents, identifies what is present, identifies missing tax forms, enters the data into the loan file, and determines the recommended income automatically.
- NO guideline errors
- NO calculation errors
- NO data entry errors
Automate Mortgage Documents Easily
Stop Manual Errors & Ensure Accuracy
Processing income documentation manually is the most error-prone aspect of mortgage lending and can result in costly repurchase demands. Blueprint’s mortgage document automation solutions leverage dual-scan OCR (Optical Character Recognition) and artificial intelligence (AI) to extract critical income data with unprecedented accuracy.
Unlike competitors who rely on single-scan confidence scores, our mortgage document processing employs two independent AI models trained specifically for income documents. This dual-layer approach ensures accurate verification of information across paystubs, tax returns, and employment verification forms while automatically highlighting inconsistencies that could lead to loan repurchasing scenarios.
Speed up Loan Approvals with AI
Conventional income analysis relies on manual processes that are slow and error-prone. Our automated mortgage document processing approach uses dual independent scanning models that work in parallel to analyze income documents. When both models agree, processing moves forward automatically. When they differ, human expertise reviews the discrepancy – but only when truly needed.
This AI mortgage document processing technology eliminates the guesswork of confidence scores and provides objective validation for faster, more accurate income determination.
How We Are Different
Built for Workflows
Our mortgage document automation platform offers clear workflows that quickly integrate into your existing systems. It also facilitates an easy transition from manual to automated mortgage document processing, while advanced API connections and LOS integrations allow for real-time data synchronization to create a unified operational environment.
Dual-Scan Architecture
While competitors use single-scan systems with subjective confidence scores, we employ dual independent scanning models trained specifically for income documents. Our AI mortgage document processing compares results from two separate models – if they agree, processing continues automatically. If they differ, human review is triggered. This objective approach delivers superior accuracy compared to confidence-based systems
Full Reps & Warrants
Our mortgage document automation system implements stringent verification protocols specifically for income documents. We provide comprehensive reps and warrants on income calculations, guideline compliance, and data entry for all income-related documentation. This level of coverage is unique in the mortgage OCR space.
Human guided Automation
Blueprint’s mortgage document processing platform facilitates AI-driven solutions with necessary human intervention for a two-pronged approach to ensure accurate and compliant decision-making. Our comprehensive system flags potential discrepancies, which experienced underwriters can then review to maintain attention to detail while keeping the entire process workflow smooth.
Ready to request a demo with BluePrint today?
Stop the Battles
As a manager, you’re on the front line of arguments between team members about income calculations. IncomeXpert’s automated mortgage document processing quells those battles three different ways.
First, we are workflow based. That means early in the loan lifespan sales can enter data and prep the loan file. Later, when the loan is handed off to underwriting the loan is locked for non-underwriters.
IncomeXpert has a role manager which gives you power to adjust what each user can see and edit.
Second, we track all changes to the loan file and make the change log visible to all users. No more sneaky changes that nobody knows how they got there.
Lastly, we have fully documented income analysis. What does that mean? We show HOW we arrived at the final income, we show the intermediate calculations, trending analysis, and advisories that shape how the final income was determined. This significantly cuts down on battles over income.
Accelerate Income Automation
IncomeXpert works while your team sleeps. Our AI mortgage document processing can scan and analyze income documents as soon as they become available from your borrower. Completed income analysis can be ready for your team to review when they arrive in the morning. Learn More
Eliminate Risk
IncomeXpert shifts income-related risk from your organization to ours. Through our Reps and Warrants, as well as Fannie Mae Income Calculator integration, you can remove the risk of income-related repurchase demands.
IncomeXpert and FNMA Income Calculator both offer reps and warrants on the income calculations. However IncomeXpert goes further, and offers reps and warrants on guideline compliance and data entry. Additionally IncomeXpert provides reps and warrants for all income on the loan file, where FNMA Income Calculator only provides reps and warrants for selected income types. Learn More.
You Don’t Understand Reps and Warrants
Did you know many lenders have blind spots regarding their rep and warrant coverage for income analysis? We created a checklist to help you understand what you should specifically ask from your mortgage document automation vendors to ensure comprehensive income protection.
As Used By
Testimonial
Ready to get started with BluePrint?
Frequently Asked Questions
Mortgage document automation for income analysis leverages artificial intelligence and OCR mortgage technology to extract, validate, and organize critical data specifically from income-related documentation. This specialized approach allows underwriting teams to make more accurate lending decisions while maintaining compliance with income calculation guidelines. Our automated mortgage document processing eliminates human error in income verification while speeding up loan origination by turning paystubs, tax returns, and employment documents into structured, actionable income data.
Our AI mortgage document processing platform specializes in analyzing income-specific lending documents including paystubs, W-2 forms, 1099 forms, tax returns, employment verification letters, profit and loss statements, and bank statements for income verification. Blueprint’s mortgage document automation platform uses dual-scan mortgage OCR technology to extract critical income information from complex multi-page documentation, providing comprehensive coverage for various income scenarios.
Unlike competitors who rely on single-scan confidence scores, our automated mortgage document processing employs two independent AI models trained specifically for income documents. These models scan the same document separately and compare results. Agreement between models indicates high accuracy, while disagreement triggers human review. This objective approach to AI mortgage document processing eliminates the subjectivity of confidence scores and delivers superior accuracy for income verification.
Our mortgage OCR technology is specifically trained for income document layouts, fonts, and formats commonly found in paystubs, tax returns, and employment verification. The AI then processes this information using natural language processing optimized for income calculation terminology and structures. This specialized approach to AI mortgage document processing ensures accurate interpretation of income data compared to generic document scanning solutions.
Our mortgage document automation platform integrates with loan origination systems (LOS) using APIs designed specifically for income data synchronization. This approach minimizes disruptions to current income analysis workflows while providing seamless transfer of income calculations, trending analysis, and compliance advisories. Our automated mortgage document processing solutions are compatible with major LOS platforms, enabling configuration of income-specific data routing and automated notifications for income-related workflow stages.