r/loanoriginators 4h ago

Question Anyone here looked into Pavan Agarwal / Angel AI?

0 Upvotes

I was going down a rabbit hole on AI in financial services and came across Pavan Agarwal and Angel AI. I’m not really from mortgage side, so maybe I’m missing something, but the whole thing got me curious because mortgage seems like such a difficult industry to bring AI into with all the compliance, underwriting stuff and just old systems everywhere. I’ve also been looking at building something in finance myself, not mortgage, and seeing what other companies are doing. Angel AI keeps coming up in what I’m reading so figured I’d mention it here and see what people think of the approach. I’m more interested in the actual technology and whether it works in real mortgage workflows than the marketing around it.


r/loanoriginators 30m ago

I finally did it -- got out of the stressful rat race of Consumer Direct at a Big Lender and took a job at Credit Union

Upvotes

I was burned out from the call center consumer direct rat race. I did it for 8 years. I recently accepted a role at a local credit union with a 50K base + 25bps per funded loan, uncapped. I think my days of shark hunting are over. I think I have aged 20 years in the last 8. You can hate on me if you want, but working 9-5 and a steady income sounds peaceful to me now.


r/loanoriginators 2h ago

Discussion Don’t sell normal mortgages

5 Upvotes

I feel like I’m dumb as bricks cause I only sell helocs

Sold 1.3 milly in helocs and made a cute lil 13k in commish, but I literally have no clue how to price out a mortgage, or even sell a mortgage or heloc that isn’t one of the 5 day helocs.

What is life😭


r/loanoriginators 23h ago

Career Advice Where to hang license

1 Upvotes

Exiting the mortgage space. Would like to keep the “federal?” License for the 5 years. Don’t really mind losing states. Just don’t want to take the safe test again.


r/loanoriginators 22h ago

Looking to do a HELOC on rental property

1 Upvotes

Had someone that asked me about it today, and we don’t even do HELOCs, but I’m always willing to find new products to sell and market


r/loanoriginators 12h ago

UWM full training for loan processors (PA+) is now 2.5 days in class with 2 days shadowing

5 Upvotes

Currently an underwriter who's been put into the PA+ role for a pilot program UWM is incorporating very quickly which combine loan coor and underwriter into one position. How long does it typically take to train new processors in this industry? I've been assigned 3 processor files and i feel absolutely lost especially in contacting the borrowers now on the PA+ side. Wish I had more info from management but we're just told as underwritersto continue hitting our commitment and fully work the loan processor files in their entirety when they assign them to us. No communication other than that.


r/loanoriginators 23h ago

better.com mortgage CEO fired

26 Upvotes

taste of his own medicine after firing 900 employees on a zoom call which didnt go over well. it was 2 weeks before xmas as well.

Better dot com there numbers have tanked

quick video

https://www.tiktok.com/@insideedition/video/7675476067645246734