Question 1

Why was Approval AI founded?

Accepted Answer

Approval AI was founded by a team of first-time homebuyers who experienced the challenges of the mortgage process firsthand. We built Approval AI to: Make the mortgage process radically simpler, Enable one application for multiple lenders, Eliminate intermediaries to bring true market rates directly to borrowers, Remove unnecessary margins from the mortgage industry.

Question 2

What states does Approval AI operate in?

Accepted Answer

Approval AI currently operates in Texas only.

Question 3

What types of lenders does Approval AI support?

Accepted Answer

Our platform supports all types of lenders, and you can work with any lender of your choosing. You can: Access information about major banks and financial institutions, Discover local banks and credit unions in your area, Work with online mortgage lenders and direct lenders, Bring your own preferred lender - you're never limited to our network, Research and evaluate all your lender options independently.

Question 4

What if I already have an offer from the lender?

Accepted Answer

You can use our platform to explore additional options: Research and compare rates from other lenders, Access tools to evaluate different loan terms, Organize and track multiple loan offers, Make informed decisions about your mortgage options.

Question 5

How is Approval AI different from a mortgage broker or a lender?

Accepted Answer

Approval AI is a licensed mortgage brokerage and lender in Texas that combines technology with personalized service: We provide end-to-end mortgage services with cutting-edge technology, You maintain direct control while getting expert guidance, Access educational tools and resources to make informed decisions, We handle your mortgage journey from start to finish in Texas.

Question 6

How is Approval AI different from BankRate or LendingTree?

Accepted Answer

Approval AI differs from rate comparison sites by: Providing end-to-end service, not just rate comparisons, Not selling your data to multiple lenders, Staying with you throughout the entire process, Helping you get the best deal without the hassle.

Question 7

Who does Approval AI share my data with?

Accepted Answer

We help you protect your data: We provide tools to share data securely with your chosen lender, We help you maintain privacy until you're ready to proceed, We give you control over your data sharing, We help you work with trusted partners.

Question 8

Will lenders really talk to my AI assistant?

Accepted Answer

Lenders actively engage with our AI assistant: Lenders respond to rate checks and quote requests, Our technology speaks their language, We bring them prepared, serious buyers, You get the right information efficiently.

Question 9

What if the AI assistant messes up?

Accepted Answer

We have multiple safeguards in place: We monitor every interaction with real humans, We have human experts ready to step in, We provide both machine and human support, We make your experience our top priority.

Question 10

Why should I take a loan from a lender I've never heard of?

Accepted Answer

Our platform helps you ensure reliability with lenders: We provide tools to help you vet lenders for reliability and funding capability, We help you understand that most loans are sold to the secondary market, We enable you to discover smaller lenders that often offer better rates and flexibility, We give you access to lender track records and customer satisfaction data.

Question 11

How much does Approval AI cost?

Accepted Answer

Approval AI charges a flat fee of $995, which is only paid at closing - not upfront. This means you can get started with no out-of-pocket costs, and you only pay when your loan successfully closes. Our transparent pricing saves you thousands compared to traditional brokers who typically charge 1-2% of your loan amount.

Question 12

How does Approval AI make money?

Accepted Answer

As a licensed mortgage brokerage and lender in Texas, Approval AI charges a transparent flat fee of $995. This simple pricing model means you know exactly what you'll pay upfront - no surprises, no hidden costs, and no commission percentages that increase with your loan amount. Unlike traditional brokers who may charge 1-2% of your loan amount (which could be $3,000-$6,000 on a $300,000 loan), our flat fee saves you thousands while still providing comprehensive mortgage services powered by cutting-edge technology.

Question 13

Is my personal information safe with Approval AI?

Accepted Answer

Yes. We take privacy seriously. Your data is encypted, sold securely, and never sold. We only use it to help you explore home loans. Nothing else.

Question 14

How is my data protected from AI?

Accepted Answer

Sensitive data like your Social Security number, income, or ID documents is never exposed to the AI directly. Our system puts a secure layer between your private info and the AI, so it only sees what is necessary to help you compare loan options, not your full personal profile. Your documents are encrypted, access is tightly restricted, and nothing is ever used to train models. You stay in control, always.

Question 15

Who are Approval AI's investors?

Accepted Answer

Approval AI is backed by Y Combinator, the early investor behind companies like: Airbnb, DoorDash, Reddit, And many other successful tech companies.

The Mortgage You Deserve.

How It Works?

Fill One Form

Get True Market Rates

Pick The Best Deal

Your Personal Home Loan Assistant

This is why you shop around

Direct Access To
True Market Rates

One Form.
All Lenders.

Smart Help,
Human Touch

Zero Spam.
Promise.

How We Protect Your Data

Bank Level Encryption

We Don't Sell Your Data

Private By Default

We get these a lot

Why was Approval AI founded?

What states does Approval AI operate in?

What types of lenders does Approval AI support?

What if I already have an offer from the lender?

Get hassle-free loans

The Mortgage You Deserve.

How It Works?

Fill One Form

Get True Market Rates

Pick The Best Deal

Your Personal Home Loan Assistant

This is why you shop around

Direct Access ToTrue Market Rates

One Form.All Lenders.

Smart Help,Human Touch

Zero Spam.Promise.

How We Protect Your Data

Bank Level Encryption

We Don't Sell Your Data

Private By Default

We get these a lot

Why was Approval AI founded?

What states does Approval AI operate in?

What types of lenders does Approval AI support?

What if I already have an offer from the lender?

Get hassle-free loans

Direct Access To
True Market Rates

One Form.
All Lenders.

Smart Help,
Human Touch

Zero Spam.
Promise.