Reston, Virginia-based Ardley Technologies Inc. has launched Autopilot, a white-labeled automatic underwriting engine designed to allow lenders to create instant, conditional loan approvals for qualified borrowers.
According to the company, Autopilot is now available as an option within Ardley’s Actionable Data Intelligence (ADI) platform, a deal flow engine designed to provide mortgage organizations with the ability to unlock new deal opportunities in their portfolios in a scalable, auditable, and compliant way. By combining instant conditional loan approvals with hyper-personalized loan offers generated through the Ardley platform, the company added, Autopilot will enable mortgage lenders and servicers to maximize deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility.
“Autopilot reflects our ongoing commitment to reducing the cost and complexity of originating mortgages while helping lenders and servicers unlock hidden deal opportunities,” said Nate Den Herder, founder and CEO at Ardley. “By leveraging a client’s pricing, fees, and credit policies, along with any resell guidelines, Autopilot delivers confidence that every offer presented to a customer with conditional approval is real. And by generating loan approvals instantly—not minutes, hours, or days later—our clients can be assured they are first in line when a customer needs financing.”