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Friday Harbor unveils AI tool that automates loan underwriting, boosting efficiency and borrower experience.
Friday Harbor, an AI platform, has launched a new condition engine that automatically generates underwriting conditions in real time based on borrower documents and loan guidelines.
Unlike traditional tools, it reads the full context of loan files, providing conditions in plain English, color-coded by urgency, which helps speed up the loan process, reduce costs, and improve borrower experience.
The AI tool is already in use by several leading lenders and backed by top venture firms.
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Friday Harbor desvela una herramienta de IA que automatiza la suscripción de préstamos, aumentando la eficiencia y la experiencia del prestatario.