Homebridge Acquires NFTYDoor to Revolutionize Mortgage Lending with AI

Homebridge has acquired NFTYDoor to integrate AI-powered lending infrastructure, aiming to modernize mortgage processes and reduce costs.

Homebridge Financial Services, Inc. has acquired NFTYDoor, a fintech platform known for its AI-powered lending infrastructure, announced in a press release. This strategic move aims to transform mortgage lending by integrating advanced AI technologies to streamline processes and significantly reduce costs.

NFTYDoor, founded by Mark Schacknies and Jonathan Spinetto, offers a platform that automates various aspects of the lending process, including real-time credit scoring, automated valuations, and digital closings. The platform's AI underwriting engine evaluates credit, income, property, and risk in real time, providing borrowers with a seamless path to approval.

Homebridge's acquisition of NFTYDoor is a step towards modernizing its infrastructure, positioning itself as a fintech leader with AI at its core. The integration of NFTYDoor's technology is expected to enable faster home equity lines of credit (HELOCs) and future-ready mortgage solutions, enhancing the lending experience for both loan officers and borrowers nationwide.

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