For lenders and banks
The same income worksheet from every branch.
Self-employed and bank statement loans are where turn times break: two underwriters, two numbers, and the loan waits. Rapidio calculates the income one way on every loan, in as little as 3 minutes, with the page and line behind every figure.
The pilot week is free, no contract. Pricing by volume comes after it.
“We have >6,000 broker partners across 40 states that expect the best. With Rapidio, we deliver on that promise. There’s no other solution that allows cost control at the loan level.”
In the queueRetail, wholesale, consumer direct, API
- SmithRetail, Miami · Fannie MaeDoneMR
- LeeWholesale · Bank statement, 24 months2 conditionsJS
- ChenConsumer direct · Freddie MacProcessingDE
- DiazREST API · FHAReady for reviewMR
Lenders, mortgage teams and associations that work with Rapidio
How it works
In from any channel. Out as one worksheet.
Five steps, drawn from the web app with a sample loan. Click a step, or let it play.
Also in fromThe same queue
Borrower linkBranch uploadREST API
OptionsSide by side
- 12-month average, recent yearRecommended$4,258.33
- 24-month averageReview$5,068.75
Behind every figurePage and line
Schedule C 2025 · line 31Schedule C 2024 · line 31
Documents you need to close3 items
- Critical. Bank statements for January 2025 and March 2026Open
- Critical. Most recent 2 years of Form 1065 and K-1Open
- Review. Source of the $28k deposit in May 2026Review
People in your organizationAdmins and users
- Dana E.Operations · MiamiAdminDE
- Maria R.Underwriter · MiamiUserMR
- Jordan S.Processor · TampaUserJS
Loan SmithActivity
- CreatedAug 12 · D.E.
- Assigned toM.R.
- Option selectedRecommended · J.S.
- Loan report exportedPDF · M.R.
Uploads per guidelineLoans
- Fannie Mae61
- Bank statement, 24 months24
- Freddie Mac24
- FHA19
White-labelEnterprise accounts
Your logo in the appYour logo on the loan report
Drawn from the web app with sample loans. The loan report goes to your underwriter as PDF or DOCX, or back into your system through the API.
Customer result
Time per loan, as JetMo reported it to us
“The accuracy is phenomenal.”
Waseem B. · CEO, JetMo · customer testimonial
Where turn times break
Three places a loan slows down. What changes on each.
Two underwriters, two numbers.
The same self-employed loan comes back with a different income from a different desk, and the branch argues with the lender. Rapidio puts one worksheet format on every loan: the recommended option next to the most conservative one, and the page and line behind every figure.
Conditions found late.
A missing K-1 or a bank statement month surfaces in underwriting, and the loan goes back to the branch. Smart Conditions list what the loan still needs, by borrower and with the reason, before it gets there.
Peak month, same team.
Loans come back in as little as 3 minutes, a bank statement package in about 10 minutes, whatever the month looks like. A loan that needs a human eye is flagged and reviewed by Rapidio's assigned underwriter, under NDA.
Not AI alone. Experienced underwriters stand behind the system. A loan that needs a human eye gets flagged for review.
Compared
Against income spread across the underwriting desk.
What changes for a lender when every loan comes in with the same worksheet.
How a pilot runs
A free week on your own loans before you commit.
Your team runs its own loans for a week and compares the worksheets with your underwriters'. Your team reviews every result and makes the lending decision.
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A free pilot week
Your team runs its own loans in the web app for a week, with no contract, and puts Rapidio's worksheet next to your underwriter's, loan by loan.
Qualifying incomeOptionsConditionsTime per loan -
Your account set up
We go through your programs and conditions and set up your account for them: Fannie Mae, Freddie Mac, FHA, VA, USDA, non-QM full doc and bank statement, with the users and roles for your branches.
ProgramsGuidelinesConditionsRoles -
Contract and rollout
An enterprise price set by your volume, the web app for your team on day one, and the REST API when you are ready.
ContractWeb appREST API
Integration
Web app today. API when you are ready.
Your team starts in the web app on day one. When the integration is part of your contract, your system sends the documents through the REST API and gets the loan report and the conditions back.
- Send the documents, get a job ID back
- Webhook or polling for the result
- The loan report and the conditions, back in your system
- White-label for enterprise accounts: your logo in the app and on the loan report
Security
- SOC 2 Type 1 report
- Encrypted in transit and at rest
- Role-based access with 2FA
- Borrower documents seen only by the assigned internal underwriter, under NDA
Pricing
A free pilot week. Then an enterprise account, priced by volume.
The pilot week needs no contract. After it, we set up your account for your programs and guidelines, sign the contract at a price set by your volume, and agree on rollout and integration.
- Any income type and guideline, one price per loan
- Roles, assignments and activity inside every loan
- A free pilot week on your own loans, compared with your underwriters' worksheets
- REST API, and white-label with your logo
- SOC 2 Type 1 report and security policies, shared under NDA
- Human review when a loan is flagged
More about the product
FAQ
Questions lenders ask.
Have another question? Write to service@rapidio.com or book a 30-minute call.
Our underwriters already calculate income. What changes?
They stop building the worksheet and start reviewing one. Every loan comes in with the same format, the recommended option next to the most conservative one, the conditions already listed, and the page and line behind every figure. The underwriter checks, applies your overlays and decides. The hours go out of the self-employed and bank statement loans, and the number stops depending on which desk the loan landed on.
Do we need a contract to start?
No. The pilot week is free and runs without a contract. The contract, at an enterprise price set by your volume, comes after it, together with your account setup and the integration if you want one.
Who should be in the pilot?
An underwriter who will compare the worksheets, someone from operations who will run the loans, and whoever will own the rollout. The pilot lasts a week, and the loans are yours.
Who makes the lending decision?
Your team. Rapidio calculates the income and prepares the worksheet. Your underwriters review it, apply your own requirements and decide.
Does Rapidio apply our overlays?
Rapidio calculates to the investor guidelines named on the loan report. Your overlays and conventions can be set up in your account on request, so every loan is calculated the same way, and the most conservative option sits next to the recommended one on every worksheet.
Can each branch have its own users and roles?
Yes. Admins invite users, assign loans to people and control who can open what. The loan keeps a record of who created it, who selected the calculation option, who exported the report, and when.
Can we connect Rapidio to our LOS?
Through the REST API, built on your side or by your LOS vendor: send the documents, get a job ID, and receive the loan report and the conditions by webhook or polling. The integration is part of your contract. Tell us which LOS you use, and we will walk through it on the demo.
Can you set retention and deletion for our account?
Yes, on request. Tell us the retention period your policy requires, and when loans and documents should be deleted. The security policies and procedures behind it are shared under NDA.
Who at Rapidio sees our borrowers' documents?
Only the assigned internal underwriter, under NDA, when a loan needs a human eye. Rapidio has a SOC 2 Type 1 report. Ask for it before your vendor review.
Bring your own loans. We set up the pilot on the call.
Book a demo and bring an underwriter. 30 minutes, no contract.