Mortgage lending has long catered to a bygone era of steady paychecks and W-2 forms, leaving millions of self-employed and gig economy workers underserved. But as the gig economy booms, lenders are finding success in the nonqualified mortgage (non-QM) sector by engaging with AI-powered tools like Prudent AI.

“Our technology eliminates the tedious ‘stare and compare’ work of analyzing bank statements while enhancing fraud detection and ensuring consistency across underwriting decisions,” said Paul Gigliotti, chief growth officer at Prudent AI.

“The results speak for themselves: Processing times reduced from hours to minutes, productivity increases of 4.5x, and details ⇒

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