How Will the AI Change the Mortgage Industry in the Next Five to Ten Years?

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Chad GPT is sort of a jack of all trades. Give us something and it'll give you an answer, but not necessarily a reliable answer. Morgan will be available for consumer access on Super Bowl Sunday. We are advising it only be used by professionals because I don't want the AI to confuse you. Is there anything that's keeping you up at night that you're concerned about? What do you see this year unfolding in terms of your overall real estate outlook?

Patrick Donley sits down with Pavan Agarwal about how his company, Sun West Mortgage is using artificial intelligence to improve the mortgage underwriting process with a product they call Morgan. Morgan utilizes what's called empathetic technology to expedite and enhance the entire loan approval process.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:09 - The lessons Pavan learned from his father on running a business.

04:05 - How he learned about both real estate and the mortgage industry from a young age.

14:14 - What empathetic technology is.

22:56 - How Morgan can enhance the underwriting process.

33:19 - Why Morgan benefits buyers, sellers, and realtors.

34:12 - What it was like creating a Super Bowl ad for Morgan.

46:56 - How AI will continue to disrupt the real estate industry.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Rich Dad Poor Dad by Robert Kiyasaki.
Richer, Wiser, Happier by William Green.
Related Episode: Listen to TIP158: Artificial Intelligence and the Rise of Robots w/ Martin Ford, or watch the video.
Related Episode: Listen to TIP211: The Impact of Artificial Intelligence on Finance w/ Dr. Wesley Gray, or watch the video.

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