What is Vaultedge?
Vaultedge Mortgage Automation (VMA) is an innovative AI-powered software that transforms the mortgage lending process by significantly reducing the time and cost associated with document processing and management. Leveraging advanced optical character recognition (OCR) and machine learning algorithms, VMA automatically classifies over 500 different mortgage-related documents and extracts more than 2,000 data points from loan files with an accuracy of 99
Highlights
- Reduces mortgage closing time by up to 15 days
- Decreases document processing costs by up to 80
- Effectively handles both structured and unstructured mortgage documents
- Delivers high accuracy through advanced AI and OCR capabilities
- Streamlines the sorting, indexing, data extraction, and validation of complex mortgage documents