Google has launched Lending DocAI to speed up the document review for a mortgage loan

Published Oct 21 2020 at 1:05 PM GMT
  • The tech giant has launched Lending DocAI, a new digital solution for the mortgage industry, per TechCrunch.
  • The tool is currently in preview and uses automation through machine learning to help facilitate mortgage companies' processes for evaluating a borrower's income and asset documents.
  • Google is partnering with mortgage software provider Roostify to make Lending DocAI available to customers like Santander Bank and Hamilton Home Loans.
  • The release comes after Google launched PPP Lending AI in May, which helped lenders enhance application processing for the Small Business Administration's Paycheck Protection Program.
  • The new solution brings benefits to mortgage companies' internal operations, while also boosting customer satisfaction.



  • Published Oct 21, 2020 1:05 PM GMT