use case

Loan Estimate Package Automation

Challenge

BizAI automates the processing of Purchase Agreement packages—extracting, standardizing, and validating data needed to generate compliant Loan Estimates.

Purchase Contracts are long, unstructured agreements that define the core economics of a home purchase—property details, parties, contingencies, personal property, fees, and who pays what. Lenders must rapidly interpret and validate this information to produce an accurate Loan Estimate (LE) within three business days of application based on TRID tolerances.

When contract terms or fees are missed or underestimated, lenders typically absorb the difference as tolerance cures and other overages at closing—costs that add up quickly. Accurate, timely interpretation of Purchase Contracts isn’t just an operational imperative —it’s a significant P&L risk.

The result:

Multiple teams performing “stare & compare” reviews on thousands of loan applications and fundings per month
Revenue leakage from inflated or inaccurate estimates (e.g., missed Transfer Tax obligations)
Significant expense from unnecessary “Cures” due to inaccurate fee quotes/estimates provided by the Lender in the LE
Document inconsistency across real estate markets and agents
Turnaround delays that impact borrower experience and compliance timelines

Lenders need a way to automate the ingestion and normalization of purchase agreement data to build accurate, compliant Loan Estimates at scale.

Fisent BizAI Solution

Fisent BizAI automates the ingestion, review, and processing of all caregiver invoices.

Using its Applied GenAI Process Automation framework, BizAI is able to apply the client’s reimbursement policies to all forms of billing templates to match and process the invoices while validating compliance standards — ensuring fast, accurate, and fully governed processing with zero data retention.