Скачать или смотреть Question #47 - How can AI reduce our cost to originate?

I’m tackling the Top 100 Questions Mortgage Executives are asking about AI with a daily video series!

Whether you’re a CEO, COO, or mortgage operations leader, this series gives you the playbook to lower your cost-to-originate, speed up cycle times, and future-proof your business with AI.

Today's question is #47 - How can AI reduce our cost to originate?

The TLDR - I took a very practical approach here because there are SO many layers to this question. The 2 main ways lenders are reducing their cost of origination right now are:

1 - leveraging AI for document data extraction, document classification, and income calculations. One lender saw a $90k reduction in expenses just by leveraging these solutions.

2 - realigning teams and technology to reduce redundancies in work. This seems simple, but can make a big difference over time.

Stay tuned for more updates and ask your friends to follow along too!