Pricing exceptions are widespread in mortgage — and so are the regulatory risks

Read Now

2022 HousingWire TECH100 Mortgage Winner: Tavant

HW Tech100

Helping lenders minimize origination costs and accelerate their loan manufacturing process through technology

Tech-100-Award-Winners_All_Mortgage91

Tavant’s AI-powered Touchless Lending is reshaping the mortgage industry by giving lenders the tools they need to accelerate their loan manufacturing process and minimize origination costs. This revolutionary technology uses straight-through processing and automation to optimize the underwriting and processing experience by solving numerous pain points for lenders. Starting with application submission, Touchless Lending can achieve a clear-to-close decision in less than one week, which is approximately 80% faster than the industry average of 50 days. Touchless Lending focuses on the middle and back-office enabling associates to handle five times as many mortgages at once and reduces processing and underwriting costs by more than 75% per mortgage.

  • Touchless Lending has increased revenue 250% from the previous year on customer growth of 200% over the last 12 years.
  • In 2021, Clients have used Touchless Lending services to help underwrite over 80 thousand loans.
  • Lenders have saved $20 million on processing costs and 8,000 person-hours for Loan Officers and Processors.

Company Website:

https://www.tavant.com/

Markets Served:

Loan Origination

Company HQ:

Santa Clara, CA

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please