Lenders – how are you actually using AI in your day-to-day?

Question

I’m curious how private money, hard money, and DSCR lenders are putting AI to work right now. A few areas I’m wondering about:

• Underwriting and deal analysis (comps, ARV, rehab budgets)
• Document review – title, appraisals, bank statements
• Borrower communication and follow-ups

Underwriting and deal analysis (comps, ARV, rehab budgets)

Document review – title, appraisals, bank statements

Borrower communication and follow-ups

• Pipeline management and reporting

Pipeline management and reporting

What tools are you using, what’s saved you the most time, and where has AI fallen short? Would love to hear real examples from people in the trenches.

Alexandra Kemp · Answer

I use it for everything but it takes a long time to build it out/train and it’s not perfect. It’s been about a year but I’ve developed a pretty good system. It just depends what’s publically available for portal searches. It also isn’t great with lender guidelines since constantly changing.

Lenders – how are you actually using AI in your day-to-day?

1 Reply