Mortgage Application Form OCR Data Extractor.

Accurately extract over 20+ data fields from multiple Mortgage Application Forms all at once, including line items, in 56 languages.

500+

customers

30,000+

monthly users

50M+

documents processed

10+ years

of document IP

Affinda is trusted by some of the world's leading organisations

See our Mortgage Application Form parser in action.

Our easy-to-use parser's interface is designed for everyone, with no training required for use.

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Open this web page on a desktop device to upload your documents and see how it works for yourself.

What is a Mortgage Application Form OCR Data Extractor?

A Mortgage Application Form OCR Data Extractor embodies a modern and powerful technology that transforms the way mortgage applications are processed. It is rooted in Optical Character Recognition (OCR) technology, which enables it to identify typed, handwritten or printed text characters in different document formats. This OCR software uses Artificial Intelligence (AI) OCR, or Artificial Intelligence Optical Character Recognition, to identify, categorise, and extract relevant data from Mortgage Application Forms. The OCR data extractor takes this complex task and turns it into a simplified, accurate, and efficient automated data extraction process.

The application of OCR technology is far reaching, and benefits both businesses and individuals. The technology first scans the mortgage application form, then the AI Data Extraction feature interprets and pulls out required data points such as applicant names, addresses, financial histories and more. The extracted data can then be seamlessly integrated into other systems through an API for OCR. This automation can help businesses drastically cut down on manual errors and speed up the processing time significantly. For individuals applying for mortgages, this technology reduces wait time, offers quicker approval processes and overall more efficient customer service.

Automatically process your Mortgage Application Forms in four simple steps.

Step 1

Upload your documents to Affinda directly to our app, or by integrating with email or document management platforms

Step 2

Our OCR Mortgage Application Form extractor will automatically scan, extract, label and categorise the data on the Mortgage Application Forms in seconds

Step 3

Export the data in a structured and usable format. Integrate our Mortgage Application Form parser with any downstream system or platform to use your data where you need it most

Step 4

Need an AI data extractor customised to your specific business needs? Our expert team can build a model tailored to your business workflows that integrates seamlessly with existing processes.

Extract data from dozens of fields.

Our AI Mortgage Application Form OCR solution automatically extracts data from over 20+ fields.

Borrower Information

Full Name
Date of Birth
Social Security Number
Current Address
Previous Address (if applicable)
Phone Number
Email Address
Employment Information
Annual Income
Additional Sources of Income

Co-Borrower Information

Full Name
Date of Birth
Social Security Number
Current Address
Previous Address
Phone Number
Email Address
Employment Information
Annual Income
Additional Sources of Income

Property Information

Property Address
Purchase Price
Loan Amount Requested
Property Type
Intended Use of Property

Financial Information

Bank Account Information
Assets
Liabilities
Credit History
Other Monthly Expenses

Mortgage Loan Details

Loan Purpose
Loan Type
Loan Term
Interest Rate
Amortisation Schedule
Prepayment Penalty

Additional Information

Co-Borrower Authorisation
Declaration of Information
Signature and Date

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Don’t see the fields you need above?

Affinda makes it easy to add custom fields according to your bespoke requirements.

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Innovative features that set us apart from the rest.

Superior accuracy

Over 20+ fields extracted

Supports multiple file formats: PDF, JPG, PNG

Highly flexible and customisable

Supports over 56 languages

Upload and extract in bulk

Self-learning models improve over time

Seamless upstream and downstream integration

Businesses around the world use our Mortgage Application Form OCR Extractor in different industries and use cases.

Banks & financial institutions use our Mortgage Application Form OCR data extractor to streamline the loan origination process. It allows for faster and accurate extraction of key customer data from mortgage applications, improving efficiency and reducing processing times.

Loan officers can utilise our Mortgage Application Form OCR technology to instantly digitise and extract pertinent details from the application form. This automation eases the workload and speeds up the approval process, allowing officers to manage more applications effectively.

Risk and compliance departments rely on our Mortgage Application Form OCR data extractor for extracting and validating necessary compliance data. This aids in mitigating the risk of regulatory non-compliance and enhances the integrity of the company's loan origination procedures.

Need to automate your Mortgage Application Form workflows? Contact us.

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We can build a solution for any document workflow within weeks.

All Document Types

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