Gateless, a new mortgage technology company founded by Guaranteed Rate President and CEO, Victor Ciardelli, was created to provide the entire industry with a suite of AI solutions to elevate and transform the loan origination process, building capacity for entirely new levels of production, speed and efficiency. Through a series of high-value SaaS solutions called AI Mortgage, Gateless is bringing next generation AI and machine-learning technology to the mortgage industry, automating key components of the loan process, reducing manual document review and enhancing performance. The company is focused on innovating the entire mortgage process and is now concentrating on developing more efficient practices for initial document collection to propel the rest of the mortgage experience and make it more transparent for borrowers.
- Optimizes loan volume processing and speed up the post-closing process by 300-400%
- Analyzing over 200,000 loans, Gateless has concluded that 80% of critical documents identified throughout the loan process can be satisfied through automation
- Document automation and developing a community-based model provides confidence scores in excess of 90% to 95%
Company Website:
Markets Served:
Loan Origination, Servicing, Secondary
Company HQ:
Chicago, IL
