FinovateSpring 2021 / Help With My Loan
Presenter Profile:
How they describe themselves: Help With My Loan is an AI software company improving the front end lending performance with our back end software. The problem in our industry is a low 55% average at funding loans due to the fragmented lending process. Our software yields automated underwriting and loan matching at a 95% proven funding rate. We did this by giving brokers, banks and consumers access to our platform syndicated with 300+ vetted lenders in Commercial, Residential, Business, and Consumer loans. HWML has funded over $100M+ , 24 months of profitable revenue and scalable to IPO.
How they describe their product/innovation: We have automated the approval process and requirements for over 300 banks across the U.S. in Commercial, Residential, Business, and Consumer loans with a 95% funding rate! Our mission at HWML is to be at the forefront of the future of lending. HWML allows Lenders to automate their underwriting, saving them significant time which is currently being wasted on loan files that will never close. We solved this problem by creating a fantastic Optical Character Recognition feature to cut down analysis time, ensuring Lenders maximize their teams performance.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Contacts
Bus. Dev. & Press: Chris Karageuzian, CEO, chris@helpwithmyloan.com, 626-419-0123