Roostify, a digital technology provider in home lending, has launched the Roostify Document Intelligence (RDI) Service for lenders, the first available service on its API platform, to instantly process and contextualize mortgage-related documents utilizing machine learning.
Buying a home requires a borrower to submit substantial and detailed paperwork to support the loan application, making the current manual process cumbersome, error-prone, expensive and difficult to scale. The lending industry spends millions of dollars each year