Document Collection & Verification

Stop manually chasing payslips and bank statements so your brokers can focus on deals that close.

57 hrs
Time saved/month
9
Companies have mapped
Map This Automation

About This Automation

Document collection and verification requires a loan processor to build checklists, chase paperwork, and manually reconcile bank statements against declared income. Missing items and repeated follow-up emails slow every file and delay the borrower experience.

An automated version builds the checklist, requests documents, and chases missing items without manual intervention. Submitted documents are verified against income and identity requirements automatically, and cleared files move directly into the central repository for underwriting.

Key features
Builds a custom document checklist automatically based on loan type and borrower profile.
Sends upload instructions to borrowers and tracks submission status in real time.
Chases missing documents automatically until the file is complete.
Reconciles income against submitted bank statements and flags discrepancies.
Validates identity documents for consistency and authenticity.
Files verified documents in the central repository and notifies the processor automatically.

How The Automation Works

The full workflow, from trigger to completion.

1. New Loan File Createdtrigger

A new deal stage triggers the workflow when a mortgage application is opened.

2. Document Intake Sends Checklist

The automation builds the checklist from the loan type, emails the borrower a secure upload link, and watches the folder for new files.

3. Automatic Reminder Sent

If documents remain outstanding after 48 hours, a reminder email goes out and monitoring continues.

4. Verification Checks Documents

The automation reconciles uploaded bank statements against declared income and validates ID documents.

5. Compliance Officer Reviews Flagged File

Any file the automation cannot confirm with confidence is routed to a compliance officer for manual sign-off.

6. Verified File Uploaded To SharePoint

Cleared documents are filed automatically into the loan's folder with a verification tag.

7. Completion Notification Sent

The processor is notified that the file is fully verified and ready for underwriting.

4 reasons to map this process

1

It's completely free

No credit card, no commitment. Map your process and walk away with a full build plan.

2

You get a complete build plan

A visual process map, automation spec, delivery timelines, and everything needed to build it, customized to your workflow and tools.

3

You see your real numbers

Custom pricing, ROI projection, and payback timeline based on your actual process, not industry averages.

4

There's no obligation to build

Your build plan stays in your workspace with no expiry. Move forward whenever the timing is right.

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Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

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Estimated Time Saving
57hrs/month
Process pain:8.2/10
Mapped by:9 Companies

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