AI-powered mortgage underwriting platform Friday Harbor announced Tuesday the launch of a new set of tools called Income and Asset Sandbox, which are designed to help loan officers structure income and asset decisions earlier in the origination process.
The tools allow lending teams to test how different income streams, assets and supporting documents affect a borrower’s eligibility in real time without permanently altering the loan file or violating program guidelines.
“The capabilities are designed to help loan officers structure deals that qualify and close earlier in the origination process,” a company press release stated.
Friday Harbor also said the new capabilities details ⇒
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