Borrower packages,
spread cleanly.
Parallax ingests scanned borrower packets and outputs committee-ready spreads with covenants, DSCR, and risk-ready ratios tied to source pages.
OCR tuned for real packets
Tax returns, K-1s, statements, appraisals, and scanned exhibits are parsed into structured fields.
Credit spreading outputs
DSCR, FCC, LTV, leverage, and trend deltas are computed automatically from the extracted package.
Covenant sensitivity
Scenario overlays highlight where thresholds break before a package reaches committee.
Audit trail included
Each line item and ratio can be traced back to source pages for defensible underwriting.
Ingest. Spread. Deliver.
Upload packet
Drop a borrower package and let OCR parse forms, statements, and appendices in one pass.
Review spread
Inspect normalized financials, covenants, and risk metrics with source-linked context.
Ship to committee
Export a lender-ready spread package with confidence annotations and audit support.
Spread with speed.
Defend with evidence.
Parallax replaces hand-keyed borrower spreading with a repeatable, auditable workflow.