Prudent AI helps mortgage lenders cater to gig economy workers
Briefly

The implementation of Prudent AI has markedly enhanced productivity in the mortgage industry, particularly in underwriting and processing. Leaders at Sierra Pacific Mortgage and Angel Oak report improvements of up to four times in productivity. By enabling upfront income calculations, Prudent AI facilitates better prequalification for borrowers. Additionally, it streamlines the complex financial evaluation process, providing reliable results that assist both loan officers and customers in understanding loan options. The overall impact is an increase in efficiency and quality in handling loan files.
Underwriting productivity improved by 4x. We're doing it with a lot more efficiency, but it is definitely a partnership process.
AI helps us navigate complex financial structures by delivering clear and reliable results, enhancing our ability to educate customers.
Read at www.housingwire.com
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