Case Study: Compeer Financial accelerates lending decisions with Ocrolus automation

Compeer Financial reduces complex file processing time by half with Ocrolus

Compeer Financial, a Midwest-based cooperative and relationship-based lender, faced a challenge during the 2021 refinancing boom as its Rural Living Solutions team was inundated with paperwork. This hindered their ability to focus on client relationships. To address this, Compeer sought a mortgage automation solution and selected vendor Ocrolus.

By implementing Ocrolus's automation, Compeer was able to accelerate its lending process. The solution reduced half of the time it takes to process complex files. This allowed staff to spend more time on relationship building, supporting the team's ability to handle an annual average of $2 billion in loan volume. Compeer Financial stated that Ocrolus proved to be a very good buying decision.

Compeer Financial