Extract data from mortgage Closing Disclosure forms — loan terms, interest rate, closing costs, monthly payments, fees, and totals — for US mortgage workflows.
The Closing Disclosure skill extracts data from mortgage Closing Disclosure forms — the five-page reports lenders provide at least three days before mortgage documents are signed, covering loan terms and size, interest rate, loan fees, closing costs, monthly payments, and the total of all payments and financing fees.The Closing Disclosure skill is a preview skill. It has been trained on a limited set of documents and is designed to help you quickly get started with processing mortgage closing disclosures. For production use, you may need to uptrain the skill with your own document samples.
The calculation period, during which the monthly payment remains the same.
Principal & Interest Min
The minimum monthly mortgage payment size (both principal and interest). This field is extracted only if both a minimum and a maximum value are detected on the document.
Principal & Interest Max
The maximum monthly mortgage payment size (both principal and interest). This field is extracted by default if there is only one monthly payment value detected.
Mortgage Insurance
The monthly mortgage insurance payment size.
Estimated Escrow
The estimated monthly escrow payment size.
Estimated Total Monthly Payment Min
The total estimated minimum monthly payment size (Principal & Interest Min + Mortgage Insurance + Estimated Escrow). This field is extracted only if both a minimum and a maximum value are detected on the document.
Estimated Total Monthly Payment Max
The total estimated maximum monthly payment size (Principal & Interest Max + Mortgage Insurance + Estimated Escrow). This field is extracted by default if there is only one monthly payment value detected.
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