Oper, a leading innovator in mortgage software, has announced the launch of a set of AI-powered product features designed to transform the underwriting and fulfilment processes in digital mortgage journeys.
The reason behind this new product is to revolutionise the mortgage industry by streamlining the fulfilment and underwriting processes.
Oper’s AI-powered features aim to enhance accuracy and efficiency for lenders, significantly reducing manual errors and saving time.
The newly launched AI-powered features automate documents, perform data comparison, and provide acceptance recommendations. By leveraging existing AI technology, these features ensure that verifying all required documents, which typically takes on average seven hours, can now be completed in mere minutes.
This advancement helps deliver a superior borrower experience by making loan processing faster and more reliable.
Additional benefits of the AI add-ons include enhanced accuracy, as the AI technology reduces manual errors and ensures data verification is precise and reliable.
Increased efficiency is another key benefit, with automated data extraction allowing lenders to process loan applications more quickly, saving time and resources.
Consequently, users can save up to seven hours per application on average. Faster processing times also lead to a more seamless and streamlined experience for borrowers, enhancing overall customer satisfaction.
Oper’s AI-powered add-ons are now available for lenders looking to optimise their fulfilment and underwriting processes and improve operational efficiency.
Geert van Kerckhoven, CEO and Co-Founder of Oper, remarked, “At Oper, we are committed to driving innovation that addresses the needs of both lenders and borrowers. These AI-Powered product add-ons represent a significant leap forward in our mission to create more efficient, accurate, and user-friendly mortgage solutions. This tool not only automates a traditionally tedious process but also ensures that borrowers receive quicker and more reliable service.”
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