RevEL by Digilytics

RevEL by Digilytics

RevEL by Digilytics automates mortgage lending processes using AI, enhancing data accuracy and speeding up loan approvals.

Location: United Kingdom
Software Type: Web App

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Description

RevEL is an advanced lending platform developed by Digilytics, utilizing AI and Machine Learning to streamline mortgage lending processes. It is designed to elevate revenue for lenders of all sizes, focusing on both speed and accuracy in loan processing. With features such as Intelligent Affordability, RevEL consolidates income and expense analysis, allowing for quicker decision-making in loan approvals.
One of the standout functionalities of RevEL is its automated data extraction capability. This feature minimizes errors commonly associated with manual data entry, thus improving the reliability of financial document analysis. By quickly processing borrower documents, RevEL eliminates lengthy manual origination processes, addressing a significant pain point in the mortgage industry.
Additionally, RevEL supports compliance with lending criteria, ensuring that all processed data meets the necessary guidelines. It is tailored specifically for the UK mortgage market, equipped with a substantial vocabulary that enhances the precision and speed of mortgage application processing.
The platform collaborates with various partners and provides extensive resources, including whitepapers and case studies, to showcase its effectiveness in the financial services sector. By implementing RevEL, lenders can expect improved borrower experiences and increased productivity within their operations.

Features

Intelligent Affordability

Consolidates income and expense analysis for expedited decision-making in loan approvals.

Automated Data Extraction

Minimizes errors in financial document analysis, enhancing data accuracy.

Compliance Assurance

Ensures all processed data adheres to lending criteria for reliable approvals.

Speed Optimization

Reduces the duration of loan origination processes through automation.

Custom Vocabulary for UK Market

Utilizes a tailored vocabulary to enhance processing speed and accuracy within the UK mortgage sector.

Tags

AIlendingmortgageautomationfinancial services

Documentation & Support

  • Documentation
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  • Updates