Ocrolus Integrates Freddie Mac's AIM Check API for Automated Income Assessment
Ocrolus, an AI workflow and analytics platform for lenders, has integrated with Freddie Mac’s AIM Check API to provide mortgage lenders with faster income assessments during the loan underwriting process. This integration allows lenders to access early borrower repayment capacity evaluations using data already captured by Ocrolus from documents like W-2s and pay stubs. By leveraging existing workflows in Ocrolus Analyze, lenders can streamline manual processes, reduce errors, and improve efficiency without duplicating data entry. The partnership aims to simplify mortgage origination by enabling income assessments as early as the pre-approval stage using Freddie Mac’s Loan Product Advisor® (LPA®) asset and income modeler. This integration is expected to enhance lender confidence in credit decisions while reducing time-intensive manual tasks typically associated with income data collection. Ocrolus processes around 750,000 credit applications monthly for over 500 customers across the lending industry.
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Topics: AI integration Freddie Mac loan underwriting mortgage