Get Through Loan Docs in Minutes, Not Hours

Pull income, assets, and employment data from pay stubs, statements, and tax returns. Speed up underwriting without the manual data entry.

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70%
Faster document processing
99%
Data extraction accuracy
Any
Document format supported
<30 sec
Average document processing

We Do the Data Entry

From pay stubs to tax returns, we pull out the borrower data you need so you can focus on making good lending decisions.

Pay Stub Processing

Extract gross income, YTD earnings, deductions, and employer information from pay stubs in any format. Process dozens of payroll providers without building templates.

  • Extract gross pay, net pay, and YTD totals
  • Capture deductions, taxes, and withholdings
  • Pull employer name and pay period dates
  • Handle any payroll provider format
Process Pay Stubs
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Bank Statement Analysis

Extract account balances, transaction history, and deposit patterns from bank statements. Verify income and assets without manually reviewing months of statements.

  • Extract opening and closing balances
  • Identify regular deposits and income patterns
  • Flag large deposits and unusual activity
  • Calculate average daily balance automatically
Analyze Statements
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Tax Return Extraction

Pull income figures, deductions, and business data from personal and business tax returns. Support W-2s, 1099s, Schedule C, K-1s, and complete 1040s.

  • Extract AGI, taxable income, and key line items
  • Pull W-2 and 1099 income details
  • Capture self-employment income from Schedule C
  • Process K-1s for partnership and S-corp income
Extract Tax Returns
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Asset Verification

Extract account values from investment statements, retirement accounts, and asset documentation. Verify borrower assets quickly and accurately.

  • Extract account balances and holdings
  • Pull vested retirement account values
  • Capture recent transaction history
  • Handle brokerage, 401k, and IRA statements
Verify Assets
A stylized illustration shows a woman standing to the right of a bar chart with three increasing blue bars. She is holding several banknotes in both hands, suggesting financial growth or investment.

Employment & Income Verification

Process employment verification letters, offer letters, and income documentation. Extract job titles, start dates, and salary information automatically.

  • Extract employer, title, and start date
  • Pull salary, bonus, and compensation details
  • Capture employment status and tenure
  • Verify information against other documents
Verify Employment
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Built for Lending Teams

We know loan docs inside and out. Here's what makes us different.

Faster Loan Processing

Process borrower documents in seconds instead of minutes. Move loans through underwriting faster without adding staff.

Any Document Format

Borrowers submit documents from hundreds of employers, banks, and sources. Our AI handles them all without templates.

Consistent Accuracy

Eliminate manual data entry errors that cause rework. Get the same accurate extraction on every document.

Secure Processing

Financial data requires the highest security. Encryption at rest and in transit keeps borrower information protected.

Reduce Time to Decision

Get borrower data into your LOS faster. Make underwriting decisions quickly with complete, accurate information.

Complete Audit Trail

Maintain records of all processed documents for compliance, audits, and quality control reviews.

Frequently Asked Questions

Everything you need to know about automating loan document processing

Ready to Accelerate Your Loan Processing?

Join lenders who have automated their document processing with DocParseMagic.

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