Form 1008 by Fannie Mae, also known as the Uniform Underwriting and Transmittal Summary, is often used by lenders to analyze the key summary data of an application, and make underwriting decisions based on that.
Extracting data from semi-structured form 1008 accurately in real-time poses some challenges for underwriters. On top of that, there are multiple alternatives to this form that can be used for the same purpose that make the data extraction difficult, even for automated data extraction solutions.
With Docsumo, free up your essential resources by automating form 1008 processing with 99% accuracy.
You can easily add, delete and move any field.
Borrower’s & Co-borrower’s Names
Additional Property Information
Appraiser’s Name/License Number
Appraisal Company Name
Stable Monthly Income
Representative Credit/Indicator Score
Seller Name & Address
Contact Name & Title
Investor Loan Number
Seller Loan Number
Get a free ROI report and see the impact of your document automation project.
Build an automated loan approval solution within minutes. Scan form 1008 and extract information in real-time without needing technical skills or coding.
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.
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.
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.
Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.
Docsumo makes it very simple to send extracted data to any other software with APIs & webhooks out of the box.
We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!