“This
is
AI
meets
modern
home
financing
—
and
it’s
transforming
the
way
people
buy
homes,”

Lane
Hornung,
co-founder
and
CEO
of
zavvie,
said
in
a
statement.

“Our
new
platform
brings
unprecedented
speed
and
certainty
to
home
financing,
helping
loan
officers
and
their
clients
win
more
deals.
With
AI
automating

underwriting,
risk
assessment
and
transaction
management,
we’re
making
cash
offers
and
alternative
financing
solutions
more
accessible
than
ever.”

The
HomeFAI
system
promises
to
streamline
home
financing,
with
AI-driven
cash
offers
processed
in
as
little
as
one
hour.
Conversions
are
also
likely
to
be
stronger
under
the
system,
with
zavvie’s
Cash
Advantage
program
achieving
a
92%
mortgage
attachment
rate.

zavvie
said
that
HomeFAI
adoption
has
surged
155%
year
over
year,
with
83%
of
loan
officers
switching
to
the
new
app
that’s
available
in
all
50
states.
The
company
also
said
that
its
partners
that
use
the
platform
include
10
of
the
nation’s
top
30
mortgage
lenders.

“HomeFAI
offers
a
next-gen
system
for

loan
officers,

real
estate
agents,
and
their
homebuyers,”
said
Venkatesh
Baglodi,
zavvie’s
chief
technology
officer.
“By
leveraging
AI
for
automation,
risk
assessment,
and
real-time
decision-making,
we’re
enabling
a
more
accessible,
secure,
and
efficient
financing
experience
—
a
major
breakthrough
in
the
alternative
financing
world.”

“Cash
and
certainty
win
deals,”
Hornung
added.
“zavvie
is
pioneering
AI-powered
alternative
financing,
ensuring
more
homebuyers
can
compete
and
succeed.”