Who We Are
Founded in 2020, Rapidio is an independent technology company that believes in the power of automated solutions for loan underwriting.
Rapid at the Core of our Mission
Our mission is to make mortgages more affordable and give customers a positive and speedy home buying experience by introducing efficient, AI-powered systems that eliminate unnecessary manual processes and give customers full transparency into financing their homes.
How we achieve that is through automation and industry expertise, utilizing data and insights to transform the way mortgage loans are engineered.
Our solutions cater to
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IMBs
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Banks
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Mortgage Brokers
Digitalize your business
Proprietary AI-powered technology categorizes uploaded documents without human touch points
Expand your expertise
Over 3,000 pages of Fannie Mae and Freddie Mac guidelines coded and updated regularly to system
Scale results
Increase your put-through rate by 25% and save 65% on loan-processing cost
Drive down cost
Save on loan-processing costs by cutting down on assembling, administering and processing the loan application paperwork
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Eliminate risk
Over 4,200 scenarios and 80,000 cross-checks are done asynchronously
Close the deal
Post-close the process with zero errors and piece of mind within 2 hours