VLR
Loan processing solution that leverages
AI/ML-based OCR technology
Reduce cost of loan production
by more than 30%

Visionet's VLR is fully integrated with Encompass by EllieMae


Experience over 98% accuracy in loan processing


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A loan processing solution that leverages AI/ML-based OCR technology to deliver over 98% accuracy

Faster Loan Disbursement

Speed up loan document processing
by over 30%

AI/ML Powered Technology

Leverage AI/ML powered technology to deliver over 98% accuracy in document processing

Integrated with Encompass

Fully integrated with Encompass by Ellie Mae, so that you can process borrower loan files faster

Agile, Nimble, and Ready to Deliver

At Visionet, we understand the need to be reliable yet quick on your feet. Our domain expertise together with leading mortgage technology makes it possible

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Driving Outcomes
Real-time data validation for a leading bank with AI/ML-powered automation

4 Wk

Deployment Time

98%

Data Accuracy

99%

Automation Achieved

Success Stories

The remarkable results achieved by organizations that trust Visionet
Leading Global Financial Services Company
  • Implemented VLR for auto indexing and data capturing from the documents
  • The uniform naming convention for indexed document was defined
  • Multi-layered audit via exception trigger process was implemented to ensure the quality of results
Leading Real Estate Company
  • Created & Implemented uniform procedure across the departments for TAT improvement
  • 12 hours of coverage was provided for most of the departments to ensure smooth flow of information
  • End To End loan processing in offshore for quality and productivity gain
Leading Mortgage Lender
  • Multi layered quality checks were embedded in the process
  • Combination of auto indexing (via VLR application) along with white gloving created significant productivity gains
  • Experienced team of underwriters for pre-underwriting and pre-purchase review was set up at offshore

Transformation with VLR

Pencil
Achieve Over 98% Accuracy
AI/ML based document processing providing over 98% accuracy
Thunder-move Expertise
Interactive QC Platform
Supporting post-close and
pre-funding audits
iPhone-X
Pre-Configured Business Rules
8000+ customizable business rules for underwriting support
Pixels
BI Enabled Dashboard
Advanced analytical reports for strategic decision making

Real Time Data Validation for a Leading Bank with AI/ML Powered Automation

Challenge
While opening Direct Deposit Accounts for business customers, critical data fields were not getting updated despite manual processing. Manual workflows had to be created engaging critical front line banking staff
Solution
Integrated client’s banking system and document repository with VLR to provide real time comparing and data validation through automation without any human intervention. 24X7 support provided to business users to ensure quicker user adoption
Benefits
We completed deployment for the client within 4 weeks
Achieved 99% Automation

Industry Partnerships

Test Our Tool to Believe It

Send us up to 5 files & we will process it for you without any commitment.

Within the Mortgage industry, originators need to process loans in bulk. A proven AI/ML-powered OCR tool like VLR can do the job for you.

VLR

Find out how VLR can save you 30% turn time while ensuring over 98% accuracy
Download Brochure

How can Encompass users improve quality and time in loan processing?

What steps can lenders take to reduce the cost of producing a loan
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Testimonials

The remarkable results achieved by organizations that trust Visionet
Visionet's VLR tool enables data accuracy and reliability for a successful loan onboarding
Visionet is a leader in accurately handling large volumes of data, reducing and simplifying our loan boarding processes. As ServiceMac grows, we needed a top-quality firm to support our and our clients' needs to ensure the data and documents meet and exceed regulatory requirements. Visionet is one of our key partners, allowing us to offer compliant, full-scope subservicing.
Eric Sadow
EVP and Chief Risk Officer
Visionet's extraordinary speed truly impressed me
We leveraged Visionet’s OCR solution (VLR) and technical team services to automate this process. This led to a time-saving of more than 90% of the previous process in place. I am extremely satisfied with Visionet’s knowledge and effort to make this engagement successful. Much of the custom changes requested were very detailed, Visionet’s extraordinary speed at making those changes is what truly impressed me.
VP - Mortgage Servicing
Leading Regional Mortgage Bank

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