Lendesk Technologies, a FinTech provider for Canada’s mortgage professionals and a part of Rocket Cos. in Detroit, has launched its latest innovation called Lender Spotlight AI Assistant.
The product sifts through a database containing thousands of mortgage policies from lenders across the country, and delivers answers to questions in seconds.
Lender Spotlight AI Assistant was developed to simplify the complex world of mortgage policies by providing quick and accurate solutions to brokers’ questions by showcasing mortgage options from various lenders that fit a client’s specific need.
“This product is designed to be an indispensable tool for mortgage professionals,” says Carter Zimmerman, president of Lendesk. “Lender Spotlight AI Assistant is set to propel the mortgage industry into the age of artificial intelligence, with an initial focus on simplifying the complexities of mortgage policies. The tool offers unmatched insights, enabling mortgage brokers to swiftly identify policies ideally suited to their clients’ specific needs.”
Traditionally, brokers manually read through numerous policies to find the appropriate product for their clients, taking away time from working directly with homebuyers and owners.
Uncovering specific policies from lenders should happen almost instantly with Lender Spotlight AI Assistant, enabling brokers to focus on the most important part of their job – building relationships and giving expert guidance to their clients.
Lender Spotlight AI Assistant can be used in a variety of ways, equipping brokers to customize their experience and search based on their needs. If brokers know the specific product they are looking for, and have a lender in mind, Lender Spotlight AI assistant can scan only that lender’s programs and policies to offer the best solution.
If a broker is looking for a broader recommendation to instances like how to account for spousal support, rental properties, or investments – or perhaps is not yet as familiar with niche policies from various lenders – the Lender Spotlight AI Assistant can do the work to offer a variety of solutions that might fit a client’s parameters.
“As one of the first companies to test this transformative technology, we have been extremely pleased with the results,” says Hash Aboulhosn, president of Rocket Mortgage Canada. “Our top priority is providing excellent client service – this tool helps lessen time spent searching through lender products, empowering our agents to streamline their workflow and assist clients more knowledgably and quickly.”
In addition to providing access to the Lender Spotlight AI Assistant, brokers can leverage educational resources from Lendesk to optimize the tool and implement AI across their entire workflow. Lendesk’s Lender Spotlight AI Assistant is now available for $29/month.
For more information about Lendesk and the Lender Spotlight AI Assistant, please visit here.
