Apply for a home loan in five minutes: LoanOptions.ai launches flagship home loan technology on subscription model
7 February 2025, Sydney: Award-winning and leading loan matching technology provider and asset finance broker LoanOptions.ai has unveiled its innovative home loan technology available to the entire industry.
LoanOptions.ai’s One Page Home Loan Application is set to revolutionise the home loan process, reducing the application time to as little as five minutes and cutting customer data entry by up to 80%—all while ensuring absolutely no impact on the customer’s credit score.
“This is hands down the fastest and most intuitive way for customers to apply for a home loan,” said LoanOptions.ai Founder and CEO Julian Fayad. “It’s more than just a serious time-saver. It’s a hassle-free experience that puts the customer in control of their journey.”
The process is powered by an AI-driven, one page application that eliminates unnecessary steps, enabling customers to focus on what matters most to them. The journey includes:
selecting whether it is a purchase or a refinance
searching for a property
checking its value
setting priorities; what matters most to the customer in a loan?
securely linking bank accounts
Verifying and prefilling ID documents using AI
providing a clear financial snapshot
Customers simply upload two key pieces of information with the press of a button for each, and the system does the rest of the work, prefilling most of the application data through the AI-powered Auto Complete Engine.
“It’s incredible to think back to when the finance industry was buried under paperwork. Technology has brought us so far, but there’s no reason to stop here,” said Fayad.
“With our new one-page home loan application technology, we’re not only eliminating tedious tasks for brokers and borrowers, but also empowering more customers with financial knowledge and tools to make smarter decisions. The data can then be synced back to most major aggregator platforms through its Effi integration”
LoanOptions.ai’s Home Loan Application is powered by the LoanOptions.ai’s proprietary Synapses ecosystem, a cutting-edge API platform designed to revolutionise the finance industry by integrating a wide range of services into a single, scalable solution. Synapses streamlines complex processes like:
OCR (Optical Character Recognition)
business lookups
ABN and NZBN validations
credit analysis and decisioning
and multiple credit bureau checks, while its AI-powered models enhance efficiency through:
advanced fraud detection
and predictive analytics.
By automating workflows and transforming documents into actionable data, Synapses empowers brokers and lenders to make smarter, faster, and more consistent decisions.
This innovative ecosystem is the cornerstone of LoanOptions.ai’s commitment to propelling the entire industry forward with technology. Synapses services are available for any businesses to license and has a simple single API integration giving businesses an enormous speed to market advantage and significantly reduced code maintenance and tech debt.
About LoanOptions.ai
LoanOptions.ai is a market leading, award-winning, white-label loan matching technology provider and asset finance broker that simplifies and streamlines the personal, car, business, and equipment loan application process for borrowers and lenders.
With absolutely no impact on the customer’s credit score, LoanOptions.ai's AutoCompleteEngine (ACE) has reduced the loan application process to as little as five minutes and customer data entry by up to 80%. Its proprietary technology matches applicants with the best loans tailored to their specific financial situation from a panel of over 88+ lenders in Australia and New Zealand.
LoanOptions.ai has helped thousands of Australians & Kiwis get access to finance solutions that are right for them, ensuring they don’t pay any more in interest than they have to, and providing an unmatched service packed with innovative features to support their client’s financial literacy and health. This includes a loan tracker tool that helps clients track the status of their loan like tracking a pizza, and a bank statement analysis report following the application process with powerful insights into spending habits and personalised recommendations. It is also insanely fast, holding a record of money hitting a client’s account in 36 minutes from initial enquiry.
Its technology can be embedded onto other finance systems as a white-label product and has helped thousands of mortgage brokers diversify into asset finance and create additional revenue streams for advisers.
LoanOptions.ai was named the Finance Brokers Association of Australia’s Industry Supplier of The Year 2023, Technology Service Provider of the Year at the 2024 Australian Broking Awards, Service Provider of the Year and Asset Finance Brokerage of the Year at the 2024 Commercial Finance Awards. Founder and CEO Julian Fayad has also been named a finalist for Sydney Young Entrepreneur three years running.
For more information, please visit https://loanoptions.ai
