Mortgage underwriting comes down to two things: speed in processing documents and care in making judgements. The new release of VisionAI brings those two closer together, with AI-driven document processing that supports you as an underwriter. You get your own workspace, see per field how confident the system is and start with a standard configuration, so you get going right away. You also manage access through your existing company account and see exactly what happened in each file. Below, you read what changes.
AI document processing with human control
Automation speeds up the underwriting process, but the judgement stays with you as the underwriter. We described this starting point earlier in our article on why fully automated underwriting is a myth. In the new release, that principle gets a fixed place in the process, also known as human-in-the-loop. You work in your own environment where you adjust extracted values directly. Per field, you see how confident the system is about the value and where it appears in the document. This lets you check in a targeted way, without combing through the entire document first. You approve or reject per document or per file, whichever suits the situation. Every change stays traceable, so afterwards you know which adjustments were made.
Targeted improvement with insight into corrections
A new overview shows which fields you and your colleagues correct most often. That gives you concrete starting points. If a correction keeps coming back for the same field, you know where improvement pays off most. This way, you steer on facts instead of gut feeling.
Get started quickly with a standard configuration for mortgages
Setting up document processing often takes a lot of time defining data, document types and checks. That is why the new release of VisionAI comes with a standard configuration for mortgages. It consists of common mortgage documents and business rules that are already set up, based on a standard data model. Yellowtail maintains this configuration, so you don’t have to set up and maintain everything yourself.
At the same time, there is room for your own way of working. You adapt field names to your internal terminology and hide data that isn’t relevant to your process. And because VisionAI is no-code, you also adjust business rules and document types yourself, without needing a developer for every change. This way, VisionAI combines a solid foundation with the flexibility that different underwriting processes require.
Sharper extraction from mortgage documents
VisionAI now automatically puts extracted values such as dates and amounts into the correct format. That saves manual work and makes further processing easier. The original text from the document is preserved, so you can see what it literally said.
VisionAI also extracts more information from the purchase agreement and the valuation report. New fields include the end date of the ground lease and the maintenance condition of the property. It is exactly this kind of data that counts in your assessment of the collateral. Now it appears directly in your file, instead of being buried in a lengthy document.
Secure access and full visibility into every file
You now log in to VisionAI with your existing company account, via single sign-on. VisionAI automatically derives roles and access from the groups your organisation already uses. Access to files runs through roles and teams. That means fewer separate accounts to manage and a clear line on who sees which files.
Each file also has a complete audit trail. You see step by step what happened to a file. That helps with internal audits and with accounting for how an assessment came about.
Easier integration for integration partners
If you work with VisionAI as an integration partner, the connection in the new release is simpler and more secure. VisionAI is built API-first and connects to your existing core system, portal or workflow, with a standard data model that you fully integrate. You receive a real-time notification as soon as results are ready. So your system doesn’t have to keep checking for anything new, and results go straight to the next step in the process.
What the new release means for your underwriting process
The new release makes the interplay between technology and underwriter more concrete. The system processes documents and shows where it has doubts. You decide, correct where needed and see where improvement is possible. With the standard configuration you start faster, and with single sign-on and the audit trail you stay in control of access and accountability.
What this delivers for your organisation depends on your current process and document flows. Curious how the new release of VisionAI fits your situation? Contact us for a demo.
