New system promises faster, easier loan processing
A&D Mortgage has announced the launch of an automated decision system for non-QM loan products.
According to A&D Mortgage, the non-QM AUS is the “first of its kind” and integrates into the company’s AIM Partner Portal. It enables brokers and lenders to streamline underwriting for a range of non-QM loans, including bank statement programs and debt service coverage ratio (DSCR) loans. The platform is expected to be able to provide real-time loan eligibility assessments by leveraging data-driven technology, reducing manual reviews and expediting the decision-making process.
Max Slyusarchuk (pictured), CEO of A&D Mortgage, emphasized the impact of the new system on brokers and their clients. “Our new Non-QM Automated Underwriting System is a major step forward in simplifying the complexities of Non-QM lending,” Slyusarchuk said. “This innovation allows brokers to serve their clients more effectively, helping them close deals with greater efficiency in today’s competitive market.”
The system offers several key features, including instant approval eligibility, automated condition generation, and AI-driven decision consistency. The interface is designed to be user-friendly for both new and experienced brokers.
“This launch is just the beginning. We have a multi-year roadmap for the development of this service,” noted Slyusarchuk.
AI reshaping the mortgage industry
The launch comes at a time when artificial intelligence (AI) is playing an increasingly significant role in the mortgage industry. A report from FN Media Group noted that AI-powered tools are transforming lending processes by automating underwriting, risk assessment, and regulatory compliance. Industry experts highlighted that AI-driven solutions are enhancing efficiency, reducing manual errors, and improving borrower experiences through features like virtual assistants and real-time loan approvals.
AI technology has also been described as helping detect fraud by analyzing complex financial patterns and identifying anomalies, further securing mortgage transactions. Companies across the industry, including major lenders and fintech firms, are investing heavily in AI to streamline operations and provide more accurate lending decisions.
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