Automate Data Extraction from Loan Data Verifications

Automate data capture from Loan Data Verifications with Nanonets’ AI-powered Loan Data Verification OCR & machine learning. Extract data from Loan Data Verifications & automate workflows for related use cases.
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Here's why you will love Nanonets

Capture Loan Data Verifications from Emails

Collect or forward your emailed loan data verification to your Nanonets Inbox.

Automated Data Entry

Snap a picture and Nanonets will take care of the rest.

90% straight through processing

Accurately capture predefined labels with Artificial Intelligence. Reconcile data across sources.

HOW WE CAN HELP

Use cases for Nanonets’ loan data verification OCR

General accounting

Automate General accounting workflows/processes and more.

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General accounting
Loan Data Verifications
WHAT WE EXTRACT

Fields that can be identified

Here are some fields Nanonets can extract by default. Say goodbye to manual data entry. Additional fields can also be extracted on request.

Social security number
Account number
Loan amount
Current balance
Monthly payment amount
Interest rate
And many more...

When your business is your passion, don’t let data entry get in the way.

Find out how with a free trial and a demo
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How we compare

Benefits of Nanonets' Loan Data Verification OCR API

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Traditional OCR Tools
Data Formatting
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High savings
Nil or low training data
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High training data
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High training data
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Receive documents from multiple channels
Amount of training data needed
Self-learning AI
No Template setup required
IT / API friendly
Multiple export options
Cost and Time Savings

Frequently asked Questions

Learn more about loan data verification automation & how Nanonets can help.

What types of loan data verifications are supported?
Are loan data verification line items extracted?
Is Nanonets’ loan data verification capturing GDPR compliant?