Case Study: American Federal Mortgage Corporation reduces underwriting time with Ocrolus Inspect

American Federal Mortgage Corporation cuts underwriting time by 29% with Ocrolus

American Federal Mortgage Corporation, a large privately held mortgage banker, faced challenges with manual file review. This process caused defects to be discovered late and resulted in repeated borrower call-backs for conditions, leading to significant delays. They partnered with vendor Ocrolus and its Inspect product to automate document analysis and streamline underwriting.

The solution from Ocrolus automatically analyzed documents to surface insights and generate guideline-backed conditions early in the loan cycle. This integration synced directly to their Encompass system. The results were substantial, including a 29% reduction in underwriting time, 2 hours saved per file, and the ability to handle double the volume without adding staff. Ocrolus helped eliminate late-stage surprises and streamlined the borrower experience with a single, upfront condition request.

American Federal Mortgage Corporation