LoanStacker is the missing link to the fully paperless mortgage. LoanStacker doesn't just scan mortgage documents, it also identifies each form, disclosure, credit documents, tax forms and all the other files it contains. Once each document has been identified it can be attached to the corresponding tasks or conditions in your Loan Origination Software (LOS), satisfying these conditions and tracking the loan's progress through the workflow automatically. Without LoanStacker's document recognition the scanning process is far too cumbersome to be practical, and the paperless features of your LOS go unused.
Paperless lending requires instant access to the document you need without flipping through hundreds of pages in a PDF files to find a single page. If your mortgage scanning solution doesn't identify each document, most users will continue to work with paper copies even after they are scanned. Only LoanStacker gives you the ability to instantly access the file you need, making it so much easier to be paperless that users can't wait to adopt it.
"LoanStacker's document recognition, naming and seamless
integration with the Encompass eFolder has made our company more efficient and
profitable. Organized paperless files easily accessible by all departments from
multiple locations has revolutionized HomeStar's business."
-Wes Hunt - President, HomeStar Financial
Paperless Loan solutions by LoanStacker automates mortgage document scanning and sorting with OCR.
LoanStacker is a one of a kind solution for Paperless Loan. It doesn't just scan mortgage documents, it identifies each one so it can be used to automate the approval process. It is the missing link in paperless loan processing.
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Configuration files for recognizing mortgage documents
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BytePro Mortgage & Ellie Mae Encompass
Scanning documents is required to unlock the full potential of these powerful mortgage applications. But it can take hours to label and attach the hundreds of applications, disclosures, credit documents and other required forms using the built-in interface.
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articles & resources
Several relevant articles on loan document scanning and paperless mortgage applications.
"Go paperless in your office and stop being a slave to a bygone practice. At the same time you’ll save time, money, effort, and gain a PR windfall benefit by going "green." Explore Electronic Document Management alternatives."
-James Hennessy, Mortgage Originator
more paperless mortgage articles