Ocrolus vs LoanCraft

What the rubric says

Ocrolus and LoanCraft are both scored in AI & Automation. Ocrolus carries an overall of 4, LoanCraft an overall of 2.9. The widest gap between them is Functionality and depth, at 1.5 of a point. That axis measures whether it handles the messy loans and not just the clean file. Ocrolus takes it, 4.3 to 2.8.

Where the five axes separate

On Functionality and depth the record favours Ocrolus, 4.3 against 2.8. On Integrations and ecosystem the record favours Ocrolus, 3.8 against 2.5. On Production impact the record favours Ocrolus, 4.2 against 3. On Adoption and support the record favours Ocrolus, 3.7 against 3.1. On Return on spend the record favours Ocrolus, 3.7 against 3.3.

Pricing posture

Ocrolus does not publish pricing. Its listed model is quote only, volume based. LoanCraft does not publish pricing. Its listed model is quote only, per-report pricing not published.

Deployment and who each one targets

Deployment for Ocrolus: Cloud, API-first with an Encompass integration for Inspect. Deployment for LoanCraft: Cloud service with analyst review, ordered per file. Segment focus for Ocrolus: Lenders across mortgage, small business and consumer credit needing documents turned into structured data. Segment focus for LoanCraft: Lenders that want a third party to calculate self-employed income and stand behind the number. The two entries name different buyers.

What each record credits

Ocrolus: Inspect checks application data against documents, a harder job than extracting fields. Ocrolus: Integrates with Encompass, plus a publicized Fannie Mae engagement on income calculations. Ocrolus: HomeTrust Bank case: 8,500 hours saved yearly, keystrokes per application under 100. LoanCraft: Authorized Fannie Mae Income Calculator provider, tied to enhanced rep and warrant relief. LoanCraft: A 2021 Freddie Mac collaboration means both agencies are addressed. LoanCraft: Warranted income output moves repurchase exposure on the calculation off the lender.

What each record holds against them

Ocrolus: Mortgage competes for roadmap attention with small business, auto, consumer and other verticals. Ocrolus: Encompass is the only LOS named, with other systems described only generally. Ocrolus: No pricing published, and volume-based rates leave small-lender economics unclear. LoanCraft: No turnaround time or service level is published, and no per-report price either. LoanCraft: No LOS integration named, so Encompass delivery gets scoped separately. LoanCraft: Pricing engine is unrelated to the income service and barely documented.

Which one fits which shop

Best fit for Ocrolus: Operations doing heavy bank statement, paystub and tax document analysis at volume. Best fit for LoanCraft: Underwriting teams that lose days on tax-return income for self-employed borrowers.

What each entry concludes

Ocrolus: Ocrolus converts borrower documents into structured data, and its mortgage line has two pieces worth separating. Ocrolus: One piece reads bank statements and paystubs, plus tax documents, above 99 percent accurate on company testing. LoanCraft: The income service is why lenders call LoanCraft; the pricing engine along for the ride gets almost no. LoanCraft: IncoSure calculates self-employed income and warrants the result.

The short answer

Ocrolus finishes ahead on the published rubric, 4 to 2.9. The margin comes mostly from Functionality and depth. Same rubric, same weights, no sponsorships.