The world's first & only

Loan Engineering System: LES

Double your volume 

  • With current staff

  • Without outsourcing

  • With repurchase guarantees

  • Without compromising quality 

Candor delivers the highest ROI in mortgage technology.

 

Candor CEO Tom Showalter speaks at an Executive Round Table at MBA 2019

1) Open LOS    2) Push Button   3) Underwrite Loan

Works as middleware:
No additional systems

One click from within your LOS activates LES. User training is not required, nor will it add steps to your process.

LES is SAAS technology working behind and alongside the existing technology stack to underwrite an error-free loan 100% of the time. 

Dual AI platforms:
Groundbreaking, NASA technology 

Cost Reduction AI: Automates highly repetitive tasks from POS to clear to close.

Integrity AI: Reduces risk, ensures data and information accuracy for a consistently high quality loan.

A Blockchain database:
Unmatched transparency

A Blockchain database keeps a permanent, incorruptible accounting of every entry, addition, and modification of data made to the file throughout the origination process. 

Candored loans are backed by a defect policy.

This eliminates repurchase risk. 100%

Fast: Robotics AI

Activate LES with a click of a button within your LOS.  7 seconds later you have a fully underwritten loan. 

As a true AI offering, LES automates repetitive tasks using AI Robotics (RPAs). That time savings reduces cost, and compresses timelines.  But, there's more to LES than speed.  

Smart:

NASA technology

LES applies NASA aerospace technology to confirm the validity and accuracy of the data, even in complex situations such as self-employed, or multiple income sources.  For example, to validate and verify data integrity on income and assets, LES uses direct source data to conduct a statistical analysis by triangulating data through double-triple redundant systems. 

Consistent: Reliable process

Our proprietary Integrity AI underwrites following the exact process on every single loan every time.  This means you can be confident on the output every time.  
LES is never sick, doesn't make errors by multitasking, is never ill, and can work 24/7.

 

Client time study:

A client tracked process time reductions to the minute.  Here's what they found:
52%
Set up
50%
Processing
78%
Underwriting

Fast: Robotics AI

Once all documents are read, and all data are input, click a button and 7 seconds later you have a fully underwritten loan of the highest quality. 

As a true AI offering, LES automates repetitive tasks using AI Robotics (RPAs). That time savings reduces cost, and compresses timelines.  But, there's more to LES than speed.  

Smart:

NASA technology

LES applies NASA aerospace technology to confirm the validity and accuracy of the data, even in complex situations such as self-employed, or multiple income sources.  For example, to validate and verify data integrity on income and assets, LES uses direct source data to conduct a statistical analysis by triangulating data through double-triple redundant systems. 

Consistent: Reliable process

Our proprietary Integrity AI underwrites following the exact process on every single loan every time.  This means you can be confident on the output every time.  
LES is never sick, doesn't make errors by multitasking, is never ill, and can work 24/7.

 

With LES, you can do more in less time.

  • 7 second full underwrite, 0 errors

  • Close loans within 10 days

  • Complete, straightforward conditions

  • Consistent high quality output

  • One click access from LOS

  • No added systems to use

  • No additional steps to your process

  • No system training required

  • Massive cost reductions

Finally, FinTech that solves the big problems.

 

This was worth the wait.

 

To schedule a demo, please provide your contact details

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