Adobe solutions for mortgage automation

Banks and mortgage brokers are under intense pressure to reduce cycle times and close deals faster, but it isn't easy when much of the mortgage process is manual. Lengthy, complicated applications discourage customers. When customers do finish applications, banks have to spend time and money re-keying pages of data — which inevitably leads to errors. These problems make the mortgage application and approval process slower and more expensive. Anxious customers don't want to wait for slow approvals, causing financial institutions to lose business to the competition.

Adobe's solutions for mortgage automation help financial institutions automate all steps of the mortgage process. They reduce the costs of doing business on paper — even automating steps that require paper. As a result, banks and mortgage brokers can:

• Eliminate manual steps, close more business, and reduce costs
• Reduce error rates and the cost of fixing errors
• Improve data quality for more targeted cross-sell and up-sell offers
• Streamline the process of capturing and routing documents so organizations can include all participants — inside or outside of the firewall
• Let customers fill out applications when and where they want using the free Adobe® Reader®
• Automatically generate and print regionally-compliant mortgage documents
• Leverage industry standards, such as XML, to improve interoperability