Upfront Income
4x underwriting productivity increase
With Prudent AI, we are absolutely more productive and we can touch more files on a day-to-day basis. Underwriting productivity improved by 4x.
Travis LaLonde
Executive Vice President of Credit, Angel Oak
Income calculation in minutes
Our scenario desk and underwriters now calculate income in minutes instead of hours thanks to Prudent AI’s logic testing and automation.
Tyler Bohn
Managing Director, National Accounts
Enterprise-tech that scales
At Verus, we are aggressively scaling our non-QM operations, and I’ve evaluated countless tech providers. Prudent AI’s enterprise-grade solutions are in a league of their own.
Jeff Pisano
IT Head, Verus Mortgage Capital
Broker clarity at submission
At Newfi, we believe that giving brokers clarity at the point of submission is the key to unlocking scale in Non-QM. We’re excited to partner with Prudent AI to build the tech platform that makes this future possible.
Steve Abreu
CEO, Newfi Lending
12 months in 90 seconds
A minute and a half to process 12 months of bank statements. The interface is clean, easy to read, the kind of thing your team actually adopts instead of a work around. I’ve spent 30 years evaluating whether people and tools are going to stick in an organization. This one will.
Chaz Ramirez-Crawford
Head of Operations, LendSure Mortgage Corp
Direct TPO portal integration
No other vendor offers this level of TPO portal integration today. Not only does Prudent AI have this capability, but their excellent technology and ability to integrate directly into our broker portal made the entire process seamless for us.
David Butler
Chief Strategy Officer, Foundation Mortgage Corporation
Customer education
With Prudent AI being able to give us a solution that delivers clear and reliable results, it really helps. We leverage those results to educate our customers to better understand bank-statement loans and other income calculations.
Paul Jones
Senior Vice President of Business Development, Logan Finance
Upfront Income works every scenario your programs allow, with every figure traced to its source and defensible in review.
72 → 3 hours
to qualifying income on a bank statement file at Newfi
With Prudent AI, we built a platform that lets our brokers self-serve bank statement analysis in our own portal, without a sales executive in the loop. Turn times have dropped drastically as a result. Results land in the broker’s portal on demand, so they’re not waiting on anyone to come out of a meeting. The service level has stepped up, and the speed of return is driving repeat business.
Amit Pall
Executive Vice President, Newfi Lending
Income types supported
W-2
Paystub
Bank statement
DSCR
1099
Rental
Self-employed
Upfront AUS runs every file against your investor matrices and returns eligible or ineligible, at intake.
22% → 65%
pull-through at Angel Oak
With Prudent AI, we are absolutely more productive and we can touch more files on a day-to-day basis. Underwriting productivity improved by 4x.
Travis LaLonde
Executive Vice President of Credit, Angel Oak
Upfront Index
Upfront Index checks every submission against your MSR list, classifies each document, and returns the file in your standard stacking order. Whatever is missing gets requested at the door, before the file reaches your team.
Wholesale
01
Your brokers hear yes or no the day they submit.
Submission 4471-B
Summit Mortgage Group
Received
8:42 AM
Answer returned
Eligible
8:50 AM
Conditions
2 listed
The fast answer wins the next file.
Your AEs talk pipeline with brokers instead of chasing status.
Retail
02
Your LOs quote with the file’s answer in hand.
Borrower file 5510
Quoted today
Qualifying income
Settled
$14,120
Program fit
Bank statement, 12 months
Answer given to borrower
Same day
No borrower waits three weeks to learn the loan does not work.
The locks you paid to win stop dying in processing.
Correspondent
03
You know what you are buying before you commit.
Seller file 8821
Pre-purchase review
Income recalculated
Matches
$9,480
Your guidelines and overlays
Passed
Exceptions
1 flagged
Decision
Clear to purchase
Every file runs against your guidelines before the commitment.
You see which sellers send loans that fund.
