Mortgage Document Collection Automation That Speeds Up Loan Packaging

Built an AI workflow that chases missing borrower documents, checks completeness, and keeps loan officers updated automatically.

Challenge

A mortgage team was slowed down by document collection and borrower follow-up. Processors manually checked uploads, chased missing pay stubs and bank statements, renamed files, updated loan officers, and re-requested unclear documents. Bottlenecks delayed underwriting-ready packages.

Workflow approach

We built a document collection automation that tracks each borrower's required checklist, sends reminders, classifies uploaded files, validates date ranges and legibility, flags missing items, and updates the loan record. Loan officers see a live status summary instead of asking processors for updates.

Observed outcome

File completion accelerated 42%, processors saved 19 hours per week each, and borrowers received clearer reminders. The team submitted cleaner packages to underwriting with fewer avoidable back-and-forth loops.

Outcome metrics

Faster file completion
42%
Automated reminders
73%
Saved per processor
19h
Document match accuracy
96%

Systems involved

  • GPT-4V
  • Python
  • Loan Origination API
  • Twilio
  • Google Drive
  • PostgreSQL