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Document Understanding User Guide

Automation CloudAutomation Cloud Public SectorAutomation SuiteStandalone
Last updated Nov 7, 2024

FM1003 - ML package

Overview

The Uniform Residential Loan Application Form 1003 is the standard form nearly all mortgage lenders in the United States use to collect information on borrowers about their finances, the property type, and its value.

The model is trained to identify and extract up to 71 fields and 49 items containing all kinds of data relevant for the mortgage application process.

Particularities

The model automatically detects data such as:

  • Borrower Name, SSN, Date of Birth, Citizenship,
  • Type of Credit, Other Borrowers Applying for this Loan, Martial Status, Dependents, Contact Information,
  • Current Employment Info: Business Name, Address, Phone, Position/Title, Start Date, Period Employed, Monthly Income,
  • Assets: Account Type, Financial Institution, Account Number, Cash or Market Value,
  • Loan Originator Name, Address, NMLSR ID#.
Note: For the complete list of extracted fields, check the Out-of-the-box Models Details file.

Samples

You can download the a sample filled-in form from here.

You can also preview the sample of a filled-in form:



  • Overview
  • Particularities
  • Samples

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