Why automation now

Rate cycles, margin pressure, and staffing variability make loan‑level cost control essential. Automation reduces re‑keying and exception churn so your experts can focus on judgment — not data wrangling.

Where automation fits in underwriting

1) Document classification & extraction (IDP)

Included at $0 with Rapidio. Classify and extract from 1003s, paystubs, W‑2s, bank statements, SSA‑1099, tax returns, Schedule C/E, and more — eliminating manual indexing and re‑keying.

2) Income calculation & eligibility

Automated income for Fannie Mae, Freddie Mac, FHA, and VA, including self‑employed and rental income. Outputs include transparent worksheets and citations for underwriter review or manual underwriting.

3) AUS‑ready packaging

Cleaner handoffs to DU and LPA reduce callbacks and redraws. When an AUS waiver applies, simply don’t activate the income component.

4) Cash‑flow from bank statements

Non‑QM style analysis via our bank statement calculator for edge scenarios.

Inside FlexStack Components

• Activate per file: Pay only for what a scenario needs.
• Human‑in‑the‑loop QC: Experienced reviewers validate edge cases.
• Guideline packs: Kept current for GSE, FHA, VA + lender overlays.
• Auditability: Worksheets with rule citations for exams.

Implementation playbook

Step 1 — Baseline

Capture SLA to income decision, redraw %, and UW callbacks by program (FHA, VA, GSE).

Step 2 — Pilot income automation

Run Rapidio on a subset of files. Compare before/after KPIs and staff hours.

Step 3 — Add IDP across docs

Turn on classification/extraction (included) to eliminate re‑keying and indexing.

Step 4 — Tighten AUS handoffs

Use AUS‑aligned outputs to decrease conditions and callbacks across branches.

Step 5 — Scale & optimize

Expand by channel. Track CPL trends monthly; retire redundant vendors to bank the savings.

Impact by role

• Underwriters: Exception‑only review with transparent income narratives.
• Loan Officers & Brokers: Faster turn times and fewer conditions.
• Ops Leaders & CFOs: Predictable unit economics and audit‑ready trails.

Security & compliance

Encryption in transit/at rest, role‑based access, audit logs, and guideline alignment. Outputs retain provenance to support exams and client audits.