Comprehend and extract information from nearly all document types involved in the mortgage life cycle–resulting in greater speed, scalability, and profitability.
Clients can expect to close loans 12 days faster, giving customers a hassle-free experience while also gaining the speed edge in a competitive environment.
Lower Origination Costs
While human processing time averages one minute per page, Applica can process each page in less than five seconds, enabling faster time to value.
40% Throughput Increase
By processing over 20 types of mortgage documents, Applica lets employees focus on more value-added tasks that bolster the customer experience.
what our clients say
“We are a small to mid-sized organization. In the mortgage business, we have to be very cost-conscious. Being able to have our hands on a no-code technology platform like Applica, without the need to employ highly technical staff, has been a game-changer.”
