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Breezedocs

Sorting the world's documents

About

Mortgages are one of the few industries to move online. In 80% of cases, borrowers start their search for a mortgage online, however the drop off rate from when a borrower makes a loan enquiry on a website to actually submitting the application is upwards of 90 - 95%. One of the major reasons is because consumers simply terrible at filling out online forms and providing supporting documents. Breezedocs automatically processes borrower documents such as paystubs, tax returns, and bank statements by extracting relevant text to automatically provide the data to the lender. It reduces the friction in having to enter all their data into a form, and increases conversion as well as higher value leads. Our software also learns and improves over time with increased adoption.