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What is automated lending?

by | Jan 26, 2021

An automated lending system simplifies and accelerates the entire lending process. Using AI, along with cloud technologies, automated lending can swiftly read, identify, respond to loan applications, and underwrite and fund the loan. As a result, mortgage firms can process a larger number of loans with existing resources and offer a better customer experience.

Discover how AI-driven processes can streamline and standardize data in our blog, 6 Answers About Leveraging AI in the Mortgage Ecosystem.