Oper, a leading mortgage software innovator, has announced the release of a set of AI-powered product features designed to transform the underwriting and fulfillment process in the digital mortgage process.
The new product aims to revolutionize the mortgage industry by streamlining the fulfillment and underwriting process.
Oper’s AI-powered capabilities aim to increase accuracy and efficiency for lenders, significantly reducing manual errors and saving time.
Newly introduced AI-powered capabilities provide document automation, data comparison and approval recommendations. By leveraging existing AI technology, these capabilities enable all required document validation to be completed in just minutes, instead of the average seven hours it would normally take.
This advancement makes loan processing faster and more reliable, providing a superior experience for borrowers.
An added benefit of the AI add-on is increased accuracy as AI technology reduces manual errors and makes data validation accurate and reliable.
Increased efficiency is another key benefit: automated data extraction enables lenders to process loan applications more quickly, saving time and resources.
As a result, users save an average of up to seven hours per application. Faster processing times translate into a more seamless, streamlined experience for borrowers, improving overall customer satisfaction.
Oper’s AI-powered add-on is now available for lenders looking to optimize their fulfillment and underwriting processes and improve operational efficiency.
Geert van Kerckhoven, CEO and co-founder of Oper, said: “At Oper, we are focused on driving innovation that addresses the needs of both lenders and borrowers. These AI-powered product add-ons represent a major leap forward in our mission to create more efficient, accurate and user-friendly mortgage solutions. Not only do the tools automate a traditionally cumbersome process, they also ensure borrowers receive faster and more reliable service.”
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