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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Automated underwriting empowers Commercial Real Estate Brokers, as well as CRE investors and lenders, to quickly access projected cash flow information within minutes. This process is essential for assessing the financial risks and potential profitability associated with a property. Thanks to advancements in Artificial Intelligence (AI) and Machine Learning (ML), the tedious tasks of document parsing and calculations that real estate analysts traditionally face are streamlined through automated underwriting solutions. OS/Rent Roll extraction, along with underwriting and workflow automation software, can operate at speeds and cost efficiencies that are ten times better than previous methods. By significantly reducing the hours spent on manually extracting financial data from operating statements, rent rolls, and trailing statements, industry-standard loan models can now be prepared swiftly. Users can conveniently upload various documents in any format, with the assurance that their uploaded files will be securely stored in a personal data vault. The Clik engine processes these documents and extracts vital financial information in mere seconds, boasting an impressive accuracy rate of over 99%. This level of efficiency not only enhances productivity but also empowers users to make informed decisions faster than ever before.

Description

Empower LOS serves as a thorough, enterprise-level platform tailored for high-volume lenders in need of strong functionality and compliance assistance. This solution boasts significant automation features, such as automated underwriting, document handling, and tools for communicating with borrowers. Additionally, Empower LOS connects seamlessly with multiple verification services, including Truework, to enhance the efficiency of income and employment verification. Its scalable nature allows for the effective management of substantial loan volumes, and the customizable options empower lenders to oversee their processes and swiftly adjust to regulatory updates. Overall, Empower LOS supports lenders in enhancing operational efficiency while navigating a complex regulatory landscape.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Microsoft Excel
Truework

Integrations

Microsoft Excel
Truework

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Clik Technologies

Founded

2017

Country

Canada

Website

clik.ai/

Vendor Details

Company Name

Dark Matter Technologies

Founded

2023

Country

United States

Website

dmatter.com/empower-loan-origination-solution

Product Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Product Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

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