TRUE provides an AI-driven Mortgage Operations Service (MOS) platform that automates the entire mortgage production process, transforming borrower documents into reliable data for faster decision-making. This technology addresses inefficiencies in manual workflows, enabling lenders to reduce costs, increase productivity by threefold, and accelerate time to close.
Funding
$27.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Mortgage lenders face inefficiencies in manual document processing, leading to delays and increased costs. Extracting reliable data from borrower documents is time-consuming and prone to errors, hindering fast and accurate decision-making.
Solution
TRUE provides an AI-powered Mortgage Operations Service (MOS) platform that automates the mortgage production process, transforming borrower documents into structured data for faster and more reliable decision-making. The platform leverages AI to automate document processing, data extraction, and analysis of lending information. By automating these manual workflows, TRUE enables lenders to reduce operational costs, increase productivity, and accelerate the time to close. The platform offers a digital pathway from point-of-sale (POS) to loan origination system (LOS), streamlining the entire lending process.
Target Audience
TRUE serves lending originators, insurers, servicers, and solution providers seeking to automate mortgage processing, improve data accuracy, and accelerate decision-making.
Features
- AI-powered document processing and data extraction from mortgage-related documents
- Automated analysis of lending information for faster decision-making
- Integration with Encompass LOS for seamless data transfer
- Cloud-based platform for scalability and accessibility
- Automated workflow for increased efficiency and reduced manual labor
- Data intelligence for improved risk assessment