Home / Document Collection, OCR & Processing Automation
7 toolsPoint-of-sale and processing tools that collect the borrower's documents, read them with AI (OCR, classification, income calculation) and move the file toward underwriting.
Floify is the one tool in this category with a posted price: $99/user/mo (Per User plan, monthly) or $299/mo Team plan (1 LO + 4 support users); Broker Edition and Lender Edition quote-based, plus a $71/mo Broker Edition offer through Brokers Are Better. Maxwell Point of Sale, LiteSpeed, Ocrolus, Infrrd for Mortgage, Snapdocs Quality Control and DocMagic One are all quote-based, and DocMagic's launch release says existing DocMagic customers receive DocMagic One at no additional cost.
The AI reads what the borrower uploads: Floify's Dynamic AI pre-fills the application from pay stubs, W-2s and IDs, Maxwell's AI-Powered Document Validation checks legibility and document type, LiteSpeed's Sidekick and Agents summarize the file and organize the Encompass eFolder, Ocrolus and Infrrd classify, extract and calculate income across hundreds of document types, Snapdocs Quality Control reviews closing files for missing signatures and stamps, and DocMagic One scores loan health. One of seven tools posts a price and six are quote-based, and every figure was read on the vendor's own site on October 31, 2026. Five vendors post a security standard: Maxwell (SOC 2 Type II, AES-256), LiteSpeed (SOC 2 badge, end-to-end encryption), Ocrolus (SOC 2, SOC 3, ISO 27001, PCI DSS, GLBA), Infrrd (SOC 2 Type II, ISO 27001) and Snapdocs Quality Control (SOC 2 Type II, ISO 27001, FTC Safeguards Rule); Floify and DocMagic One post none, and no vendor here posts a TCPA statement. Encompass is named by Floify, Maxwell, LiteSpeed, Ocrolus and Infrrd; Total Expert and Jungo by Floify; none names Arive, BNTouch or Follow Up Boss.
Featured spot open. Put your tool at the top of this category for $149/month.
Feature your toolUnifies loan document preparation, compliance checks, eSignature and eClosing in one production platform with pipeline analytics and loan health scoring.
AI: "Assistive AI" agents; loan health scoring; AI-powered search and chat; automated compliance monitoring (vendor launch release, Sept 2025).
Mortgage point-of-sale that collects borrower applications and documents, runs eSign and disclosures, and syncs the file to the LOS.
AI: Dynamic AI (Dynamic AI Autofill): borrower-uploaded pay stubs, W-2s and IDs are read by embedded AI and the data pre-fills the application.
Intelligent document processing that classifies, splits and stacks loan documents, extracts and validates data, and runs TRID tolerance and CD/LE checks.
AI: Document AI pre-trained on 500+ mortgage document types; Deep Worker for Mortgage agentic AI; MortgageCheckai audit/QC.
Encompass-native point-of-sale that takes applications, builds borrower needs lists and files documents into the Encompass eFolder, with an AI assistant.
AI: LiteSpeed Intelligence: Sidekick (file analysis, red flags, needs-list updates, conditions to borrower requests) and Agents (document classification, eFolder)
White-labeled mortgage point-of-sale that collects applications and documents, checks uploads and syncs with the LOS, with optional fulfillment services.
AI: AI-Powered Document Validation: scans borrower uploads for legibility, password protection, document type against the task, completeness and splitting.
Document AI that classifies borrower documents, calculates income from bank statements, pay stubs and tax forms, flags 1003 discrepancies and clears conditions.
AI: AI income and asset analysis (W-2, 1099, gig, self-employed, rental); indexing of 2,000+ document types; fraud detection; Inspect for condition clearing.
Reviews closing and post-close loan files on upload, checks pages, signatures, dates, initials and notary stamps, and indexes documents into eFolders.
AI: Funding QC AI-powered file reviews and Post-Close QC with AI and human reviewers; rules, pattern recognition, NLP and LLMs for document classification.
| Tools that post a price | 1 of 7; 6 by quote |
|---|---|
| Posted prices | Floify $99/user/mo |
| Listed for an individual loan officer | Floify |
| Named on the vendors' own sites | Independent loan officers 3; Mortgage broker shops 2; Retail lender branches 7; Mortgage teams 1 |
| TCPA-consent or borrower-data statement | Infrrd for Mortgage (SOC 2 Type II; ISO 27001; end-to-end encryption); LiteSpeed (SOC 2 badge (type not stated); end-to-end encryption; borrower data stays in customer's Encompass); Maxwell Point of Sale (SOC 2 Type II; AES-256 encryption in transit and at rest); Ocrolus (SOC 2; SOC 3; ISO/IEC 27001; PCI DSS; GLBA; CCPA/CPRA; 23 NYCRR 500); Snapdocs Quality Control (SOC 2 Type II; ISO 27001; FTC Safeguards Rule; CCPA; continuous penetration tests) |
| Integrations named | DocMagic One (Encompass, Calyx, MeridianLink, Byte); Floify (Encompass, Total Expert, Jungo, LendingPad, Byte, MeridianLink); Infrrd for Mortgage (Encompass, Byte, Blend); LiteSpeed (Encompass, Calyx Point, LendingPad, Optimal Blue, Argyle, Truv); Maxwell Point of Sale (Encompass, MeridianLink, Byte, Finastra, Mortgagebot, Optimal Blue); Ocrolus (Encompass); Snapdocs Quality Control (Empower, Vesta) |
| Last checked | Oct 31, 2026, on each vendor's own site |