Areal.ai

Areal.ai Platform:

Areal.ai is a no-code automation platform for the title and mortgage ecosystem that makes it easy to reliably extract data from complex documents and integrate data with existing tools and workflows. Areal's workflow solution saves title companies anywhere from 30 minutes to several hours on each title order, enabling clients to scale rapidly during peak periods, such as the end of the month.

Areal.ai offers a turnkey AI-powered platform that recognizes nearly 1,500 different document types and extracts more than 3,000 data points. Areal can identify various documents commonly encountered by a title company, including purchase contracts, order documents, and many others throughout the life cycle of a title order.

Currently, Areal is in full production with leading and reputable companies in the lending and title industry. Our valued customers and partners include Old Republic Title, ALTA, NTitle, Pioneer Title and other well-established companies, including a top home builder lender.

Areal.ai Solutions:

Areal.ai Rapid Order streamlines the title and escrow order creation process by allowing teams to automatically generate a title order in RamQuest by conveniently forwarding an email with order details or attachments, such as purchase contracts or refinance/purchase order forms, to Areal. Rapid Order solution rapidly parses more than 40 data fields and creates an order in RamQuest within seconds.

Areal.ai Automated CD Balancer utilizes Al to reduce the time spent uploading, balancing and verifying information on the Closing Disclosure Form. CDB integrates seamlessly with RamQuest, ensuring effortless initiation, precise fee reconciliation and lightning fast fee update back in RamQuest. This automation eliminates the need for lengthy fee typing and manual calculations, saving many hours per title order.

Areal.ai Rapid Indexing empowers title and escrow agents to easily organize and categorize all the documents in a closed mortgage loan package. Every page gets classified and sorted under customizable document types such as Buyer Signed, Seller Signed, Lender, and Title documents.  In addition, the platform has the ability to detect signatures and stamp information which enables automated quality assurance reviews. AREAL seamlessly integrates with RamQuest through Closing Market, enabling processors to conveniently submit documents for indexing without exiting RamQuest.