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RPABotPro - Mortgage Form 1003 ingestion bot

Solution

Solution

Published: July 2nd, 2020

Downloads: 1

Industry: finance-and-insurance

RPABotPro - Mortgage Form 1003 ingestion bot

Solution

Summary: 

This component will help if for example you are you a Bank or mortgage company handling 100s of Form 1003 mortgage forms daily, concerned about the errors and highly dependent on FTE

Form 1003 - also know as Uniform Residential Loan Application -, is the standard form completed by borrowers when applying for a mortgage loan in US.
Form 1003 is typically completed twice in the application process: once during the initial application and again at closing.
A borrower lists income, including two years of employment history and monthly household income all assets and liabilities on the form when attempting to secure a mortgage loan.
The filled out form 1003 is received via email.
This Bot downloads the form, reads the data and ingests it into the Mortgage software.

Details

Benefits

- 95% average handling time saving
- 100% SLA compliance
- 0 errors (minimal exceptions only)
- 2 months ROI

Compatibility

UiPath 2019.x and above

Dependencies

"UiPath.Excel.Activities": "[2.7.2]",
"UiPath.Mail.Activities": "[1.7.2]",
"UiPath.System.Activities": "[19.10.1]",
"UiPath.UIAutomation.Activities": "[19.11.1]"
"UiPath.PDF.Activities":"[3.2.1-Preview]"