RealKey is an automated loan processing (ALP) platform automating document collection and review to reduce conditions, touches and time-to-close with underwriting. RealKey’s Intelligent Conditions Engine utilizes 100% of 3.4 MISMO fields to auto-generate the industry’s most comprehensive needs list for all parties with standardized and shareable content, including lender and loan program specific requirements. OCR and AI/ML are leveraged to automatically classify, parse and map data from uploaded documents for automated review and conditioning. RealKey is integrating with lender’s submission portals, LOSs and POSs to further streamline processing and underwriting for the mortgage industry.
RealKey fills the gaps of present and established systems in the industry (LOSs, POSs and AUSs) that do not address inherent, historic inefficiencies. The RealKey Automated Loan Processing (ALP) platform provides automated and intelligent collection of documents, review of data and secure communications among all parties involved. These combined capabilities shorten the loan processing cycle and human touch by roughly 33%, giving mortgage companies time to close more loans and grow their business. This is critical in current times, with increased interest rates and reduced mortgage lending activity for both purchases and refinances. RealKey’s software works seamlessly with existing submission portals, point-of-sale (POS) and loan origination systems (LOSs) to bring an end-to-end, fully digital mortgage processing experience to lenders, brokers and their clients.
Loan Origination, Servicing, Secondary, Appraisal / Valuation, Title and Closing
San Francisco, CA