Case Study: Excelerate Capital cuts underwriter document review to under 30 minutes and accelerates mortgage underwriting with Ocrolus

Excelerate Capital Accelerates Mortgage Underwriting With Ocrolus

Excelerate Capital, a multi-state full-service mortgage banker, faced growing document volumes and slow manual bank statement reviews that lengthened underwriting times. To accelerate underwriting and get timely, reliable borrower data, Excelerate Capital added Ocrolus to onboard and analyze borrower bank statements.

Ocrolus’ bank-statement automation was implemented into production in under a week, cutting underwriter document review from over two hours to under 30 minutes and positioning Excelerate to automate more than one million pages of loan documentation. The Ocrolus solution boosted underwriter productivity and allowed Excelerate Capital’s team to focus more on customer service.

Excelerate Capital

Patrick Sheedy

AVP & Credit Officer