Form 1003 is one of the most crucial documents when it comes to mortgage lending risk assessment. Mortgage lenders have to process hundreds of forms to analyze the financial security and reliability of the borrower.
These forms are often processed manually, which comes with possible human errors and delayed processing time.
With Docsumo, free up your essential resources by automating form 1003 processing with 99% accuracy.
You can easily add, delete and move any field.
Social Security Number
Type of Credit
Current Income Details
Banks Accounts, Retirement and Other Details
Other Assets and Credits
Credit Cards and Debts
Other Liabilities and Expenses
Mortgage Loans on Property
Mortgage loans on Property
Get a free ROI report and see the impact of your document automation project.
Build an automated loan approval solution within minutes. Scan form 1003 and extract information in real-time without needing technical skills or coding.
Simply drag and drop documents from your local disk to upload your files in batches. You can also use our API or cloud integrations to automatically import your documents.
Advanced image preprocessing (deskewing, noise reduction, contrast correction) gives higher data extraction accuracy.
Docsumo converts PDF to CSV, Excel, JSON and XML files formats. You can download extracted data for any date range in the format you like.
Docsumo makes it very simple to send extracted data to any other software with APIs & webhooks out of the box.
Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.
It takes less than a minute to import a document, process it, extract all data fields from it and send the data to other apps.
Apply filters for dates, numbers and other regular expressions to extract data in desired format.
We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!