Rapidio

Rapidio

Software Development

Miami, Florida 409 followers

Mortgage Underwriting Technology: Automated Income Calculation

About us

At Rapidio, we revolutionize mortgage processing with our cutting-edge Automated Income Calculation platform. Leveraging advanced AI and machine learning, our system automates the indexing, reviewing, and analyzing of income documentation, significantly speeding up the process while ensuring unparalleled accuracy. Our Mission: Our mission is to streamline mortgage processing and eliminate errors through innovative technology and seamless human oversight. We aim to empower mortgage brokers, lenders, and financial institutions to deliver faster, more reliable services to their clients. Key Features and Benefits - Human-in-the-Loop System: Combining the speed of AI with the precision of human oversight to ensure 100% accuracy in income calculations. - Custom Branded Reports: Download final reports with your logo, detailed income calculations, and final conditions. - Seamless API Integration: One-click document uploads through your existing system for a smooth workflow. - Versatile Application: Ideal for banks, mortgage brokers, lenders, and insurance companies. - Quick and Easy Sign-Up: Get started in seconds and begin uploading your first file immediately.

Website
rapidio.com
Industry
Software Development
Company size
11-50 employees
Headquarters
Miami, Florida
Type
Privately Held
Founded
2020
Specialties
Artificial Intelligence, Data Analytics, Mortgage Automation, FinTech, Automated Underwriting, Mortgage Technology, Document Automation, Banking Technology, and Machine Learning

Products

Locations

Employees at Rapidio

Updates

  • View organization page for Rapidio, graphic

    409 followers

    🚀 Exciting News from Rapidio: Now Supporting FHA Guidelines! We’re thrilled to announce the launch of our FHA Guidelines, expanding on our suite of income calculation tools that already includes Non-QM, Fannie Mae (DU), and Freddie Mac (LP) guidelines! What You Will Receive: - Income Calculation: Reliable and precise income calculations tailored specifically for FHA loans. - FHA-Specific Conditions: Detailed and FHA-compliant conditions to streamline your loan processing. - Final Docx Report: All data compiled into an easy-to-read, comprehensive report, simplifying the underwriting process. Sign up today and experience the power of Rapidio's FHA integration—elevate your mortgage processing with confidence and speed! #FHAGuidelines #MortgageProcessing #Rapidio #IncomeCalculation #LoanProcessing

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  • View organization page for Rapidio, graphic

    409 followers

    💥 Why pay a monthly fee for Income Calculation services? 💥 Not anymore, and not with us! 🚀 With Rapidio, you only pay as you go—no more monthly subscriptions. 🎉 ✅ Sign up today ✅ Upload a test loan ✅ See instant results ✅ Enjoy savings, accuracy, and speed to streamline income calculations for your underwriters and brokers. 🔗 https://lnkd.in/g837mcg2 Try it now and see how we can help optimize your mortgage processing! 💼✨ #IncomeCalculation #MortgageTech #PayAsYouGo #Underwriting #Efficiency

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  • View organization page for Rapidio, graphic

    409 followers

    🚀 New Feature Alert at Rapidio: USDA Guidelines Now Available! We are excited to announce that Rapidio has expanded its capabilities to support USDA Guidelines for income calculation! Here’s what you can expect: - Income Calculation: Accurate, fast, and reliable income calculations tailored to USDA loans. - Conditions: Comprehensive conditions based on USDA guidelines. - Final Docx Report: A complete report with all necessary information and calculations in one simple document. 📈 Try it for free today! Sign up in just a few minutes and experience the enhanced speed and precision of Rapidio in processing your mortgage loans. #MortgageTech #USDAloans #IncomeCalculation #AIinFinance #MortgageProcessing

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  • View organization page for Rapidio, graphic

    409 followers

    🚀 Special Offer: Free Document Categorization with Income Calculation Service! 🚀 When you purchase our Income Calculation service, you’ll also get document categorization using OCR technology completely free! 📝📊 Feel free to reach out and schedule a demo or simply sign up for free to take our platform for a test drive. It’s quick and easy! 👉 Sign up now: https://lnkd.in/g837mcg2 👉 Request a Demo: https://lnkd.in/eDeyxR8p #MortgageTech #Automation #OCR #IncomeCalculation #DocumentCategorization #FreeOffer #FinTech #Demo

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  • View organization page for Rapidio, graphic

    409 followers

    🚀 Exciting Front-End Updates! 🚀 We’ve made a ton of updates to our front-end, and we want you to try it out! 💻 Sign up today—it’s free to test our product, and it only takes 2 minutes to explore everything we’ve improved. 🕒 Your feedback is invaluable to us, and thanks to your suggestions, we’re continuously making our platform better for you. 🎯 👉 Sign up now and let us know what you think: https://lnkd.in/g837mcg2 #UserExperience #TechUpdates #MortgageTech #FrontEndDevelopment #FeedbackMatters

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  • View organization page for Rapidio, graphic

    409 followers

    🚀 Seamless Integration with Encompass! 🚀 We’re excited to announce that Rapidio now offers full integration with Encompass! Whether you need our custom-built integration or prefer the flexibility of using Encompass, we’ve got you covered. Our goal is to provide you with the tools that make your underwriting process faster, more accurate, and tailored to your needs. If custom integration isn’t required, you can easily leverage Encompass to integrate Rapidio into your workflow without any additional setup. Choose the solution that best fits your business, and let us help you streamline your operations! #EncompassIntegration #MortgageTech #Underwriting #Automation #LoanProcessing #Rapidio

  • View organization page for Rapidio, graphic

    409 followers

    ⏱️ Time is Money in Underwriting! ⏱️ Did you know that traditional income calculations can take underwriters 1 to 3 hours per loan? This time adds up quickly, especially when dealing with complex income types. But there's a more efficient way. ⚙️ With advanced AI/ML technology, automated systems like Rapidio can reduce this process to just 30 minutes or less! Imagine the impact on your operations – faster processing times, more loans handled, and a significant reduction in operational costs. 💼 In today’s competitive market, speed is critical. Invest in tools that streamline your workflow and give you the edge. Let’s make income calculations faster, more accurate, and more efficient! #MortgageTech #Underwriting #AIinFinance #Efficiency #LoanProcessing

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  • View organization page for Rapidio, graphic

    409 followers

    🔍 Underwriting Accuracy Matters! 🔍 Did you know that errors in income calculations can impact up to 10% to 30% of all mortgage loans? The cost of these mistakes isn't just a few dollars – it can range from $1,500 to $3,000 per loan due to rework and delays. 🕒 Traditionally, underwriters spend 1 to 3 hours manually calculating complex income types, but there's a faster, more accurate way. With advanced AI/ML technology, automated systems like Rapidio can reduce this time to 30 minutes or less while ensuring precision. 💼 Invest in the tools that improve efficiency and reduce costly errors. Let's make income calculations faster, more accurate, and error-free! #MortgageIndustry #Underwriting #AIinFinance #MortgageTech #LoanProcessing

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  • View organization page for Rapidio, graphic

    409 followers

    Revolutionize Your Underwriting Process with Rapidio! Transform your income calculations with Rapidio's advanced AI/ML technology. Supporting Fannie Mae, Freddie Mac, and Non-QM guidelines, our tool handles flexible income types and guarantees results within 30 minutes. Experience the future of underwriting with Rapidio. Ready to see the difference? Sign Up Now and streamline your underwriting process! (https://lnkd.in/g837mcg2)

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  • View organization page for Rapidio, graphic

    409 followers

    🚨 Attention Brokers! 🚨 Let our platform at Rapidio handle all your borrowers' income calculations and prepare you for what to expect BEFORE you submit to the lender. 🔍 This service eliminates being over-conditioned by the lender and gives you the confidence to know you are placing your borrowers in the best program possible. 👉 Discover how Rapidio can streamline your process and empower your decisions. Feel free to reach out for more information or to schedule a demo! #MortgageBrokers #IncomeCalculations #Rapidio #LendingSolutions #MortgageSolutions #ConfidenceInLending

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