Candor Technology systematically investigates underwriting data and information to identify and resolve information integrity issues well beyond a simple data mismatch or a basic analysis of a potential homeowner’s credit history. Candor’s technology addresses the most significant and hard-to-solve problem in mortgage manufacturing: replicating an underwriter’s critical thinking. Using its proprietary, patent-pending form of Underwriting Decisioning Technology, Candor underwrites a loan to the highest level of quality with virtually no human assistance. Candor analyzes the trove of complicated underwriting data that is 100% different from borrower to borrower, including income, assets, credit, identity and occupancy.
- It ensures borrower surety in hours, clear 38% of conditions and enable a 1 underwriter touch loan.
- The technology conducts 8.47 underwrites per second, 4068 per day and nearly 60 clients on board.
- It has completed more than 1.5 million hands-off, autonomous underwrites in the last 12 months.
Company Website:
Markets Served:
Loan Origination, Servicing, Secondary
Company HQ:
The Villages, Florida
