Document type

Intelligent Mortgage Documents Processing

Process mortgage applications and closing documents with high precision, extracting property details, loan terms, borrower information, and closing disclosure data.

99.5%Accuracy
90%Time Saved
24/7Processing
Processing Steps

How to Process mortgage-documents

Follow these simple steps to extract data from your mortgage-documents

1

Upload Documents

Upload mortgage applications, notes, deeds, and closing packages

2

Document Classification

Automatically identify and classify mortgage document types

3

Data Extraction

Extract all property details, loan terms, and borrower information

4

Compliance Review

Verify documents against regulatory requirements and lending guidelines

Extracted Data

Mortgage Documents Fields

ParseIQ automatically extracts and validates these fields from your documents

Field NameTypeRequiredDescriptionExample
loanNumberstring YesUnique identifier for the mortgage loanN/A
documentTypestring YesType of mortgage document (application, note, deed, disclosure, etc.)N/A
documentDatedate YesDate when the document was prepared or signedN/A
borrowersarray YesInformation about all borrowers on the loanN/A
primaryBorrowerNamestring YesFull name of the primary borrowerN/A
propertyAddressobject YesAddress of the mortgaged propertyN/A
propertyTypestring YesType of property (single-family, condo, multi-family, etc.)N/A
loanTypestring YesType of mortgage loan (conventional, FHA, VA, etc.)N/A
loanPurposestring YesPurpose of the loan (purchase, refinance, etc.)N/A
loanTermnumber YesTerm of the loan in months or yearsN/A