AI Loan Processing and Pre-Underwriting for IMBs

Loyola's AI reads documents and guidelines, automates data entry, verifies borrower info, orders third-party documents, calculates income, and instantly generates underwriting conditions for you.

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Our Trusted Partners

We work with the best in the industry to provide you with exceptional service.

Close more loans, lower costs, no human errors, and scale operations

Loyola AI is built-in with senior underwriter expertise and deeply understands your loan programs. It instantly generates underwriting conditions as soon as a borrower’s application is received—so your processors can begin clearing conditions right away, without waiting for the underwriter’s conditional approval. 

Acting like an AI junior underwriter, it doesn’t make final decisions but handles all the repetitive, manual tasks for your human underwriters. Once the conditional approval is issued, AI automatically begins clearing conditions, helping your team save time, close more loans, and scale without adding staff.

  • 120%

    Loan closing speed 

  • 30%

    Increase in loan production volume with no increase in headcount

  • $2000+

    Increase in loan profitability

How It Works

  • 1

    AI Pre-Underwriting

    • AI-generate underwriting conditions after reviewing borrower documents and referencing the underlying logic or calculations
       
    • AI Deeply understand different investor underwriting guidelines
       
    • Auto cross-check driver's license, pay stub, W-2, tax return, credit report, and fraud report → Generate LOE for Address condition
       
    • Auto-review credit report → Generate LOE for Credit Inquiries
       
    • Auto-review bank statements to identify large deposits → Generate LOE for Source of Funds
       
    • Detect missing RSU year-end pay stub showing income → Generate Missing Document condition
       
    • Generate explanation request for late payments
       
    • Verify prior mortgage status
       
    • Non-QM Loans →
       
    • Apply industry-based expense factors (e.g., 70% or 30% depending on the industry)
       
    • Condition: “Need CPA letter for expense factor explanation”
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  • 2

    AI cleaning underwriting conditions

    Auto fulfill the conditions - prepare and send emails to borrowers/third parties

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  • 3

    AI Loan Processor

    • Automates borrower data entry across systems
       
    • AI Orders third-party services (e.g., VOE, W-2 transcripts)
       
    • AI Flags missing documents and data inconsistencies early
       
    • AI Prepares letters of explanation
       
    • AI Validates and cross-checks information (name, address, SSN, DOB)
       
    • Auto-fills Opt-Out Prescreen
       
    • AI Downloads property file and uploads to Encompass
       
    • AI Calculates income, including Schedule C & E, and fills in Encompass
       
    • AI Reads contracts and bank statements, and fills in Encompass
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  • 4

    Custom Workflow Integration

    • Tailored setup based on your internal processes and LOS

    • Works with your existing team structure and tech stack

    • Adapts to investor and lender-specific underwriting guidelines

    • No one-size-fits-all—we design for your pipeline and pain points
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Why Us

Our team has Mortgage Underwriting & Processing professionals with over 20 years experience and engineers have built cutting-edge AI services to streamline your processes.

  • Faster Closings, Fewer Errors

    • Our AI catches issues early and resolves conditions proactively, improving submission time, CTC, and reducing resubmissions.

  • Scalable Without Hiring

    • Automate repetitive backend tasks so your team can handle more volume without increasing headcount or training costs.

  • Better Borrower Experience

    • Lower fail-through rates and smoother processing drive higher customer satisfaction and trust.

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