Quickli provides mortgage brokers with a unified servicing calculator to streamline borrowing power assessments. The platform allows brokers to input client data once and receive simultaneous servicing outcomes from multiple lenders, along with integrated policy insights. This reduces manual effort and improves the accuracy of identifying suitable lending options.
Funding
Funding not disclosed
Founders
Product
Problem
Mortgage brokers face significant time inefficiencies and potential for error when manually assessing borrowing power across multiple lenders. The need to consult numerous individual lender calculators and navigate complex, frequently updated policies leads to prolonged deal cycles and increased operational overhead.
Solution
Quickli offers a unified servicing calculator designed to consolidate borrowing power assessments for mortgage brokers. The platform enables users to input client financial data once and receive simultaneous servicing outcomes from a wide array of lenders. This integrated approach minimizes data re-entry and reduces the likelihood of calculation errors. Furthermore, Quickli provides access to relevant policy insights, including debt-to-income ratios and minimum living expenses, directly within the assessment workflow. This facilitates more accurate and efficient client scenario analysis, allowing brokers to quickly identify suitable lending options.
Target Audience
The primary users are mortgage brokers and mortgage broking firms seeking to optimize their borrowing power assessment processes and improve operational efficiency.
Features
- Centralized input interface for client financial data, eliminating redundant data entry.
- Real-time comparison of borrowing power across multiple financial institutions.
- Integrated access to specific lender policies, including debt-to-income (DTI) ratios and expense benchmarks.
- Automated calculation of servicing capacity based on current lender criteria.
- Policy tip integration to highlight key lending requirements and potential deal impediments.
- Web-based application accessible via standard browsers, requiring no local installation.
- Secure handling of client data, with no requirement for personally identifiable information (PII) during initial assessments.