[HN Gopher] Show HN: SafeRate - AI chat-native mortgage lender
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Show HN: SafeRate - AI chat-native mortgage lender
Hi HN, Dylan and Shima here. Today we're launching the first
version of our project, Safe Rate, an AI-native mortgage lender
going all in on the chat experience, at saferate.com. Mortgage
shopping is an uncomfortable experience. You have to share lots of
sensitive data to get a single quote, and if you want to comparison
shop, the rate aggregator websites straight up sell your data, so
you end up with a lot of texts, emails, and phone calls from
salespeople you've never met asking you to blindly trust them with
a big financial decision. Getting a mortgage quote should be on
your terms. You should be able to share your relevant details
anonymously and get real pricing. You should know how competitive
the offer is before speaking with someone. And you should still be
able to connect with a human if you need support. So we've built a
suite of tools in our AI chat to put shoppers in control: 1.
Instant mortgage quoting without sharing any sensitive data
(currently live for conventional loans in Illinois) 2.
Automatically review a Loan Estimate, which every lender must
provide you by law, and see how the estimate scores (0 to 100,
benchmarked against 2 million loans). We then can make an instant
competing offer so you know if we can save you money. 3. For
refinances, share a mortgage statement to see if you can save money
today, and if not, create a personalized tracker so you can be
notified when rates have fallen 4. Mortgage Q&A for commonly asked
mortgage questions. Still lots more to add! 5. Live - a Zoom-like
call for mortgage shopping that instantly connects you with a loan
officer while our AI assistant listens in, updates the quote
details, and gets you pricing We support this functionality in a
variety of ways: 1. Chat on https://saferate.com 2. Email at
buddy@saferate.ai 3. Live via our Zoom-like call tailored to
mortgage shopping 4. Slackbot (please ask if you're interested in
access) 5. Phone 1(888)850-6123 6. Coming soon RCS, SMS, and
WhatsApp Our chats are universal, so you can start with email and
then transition to web chat, or vice versa, and it will retain the
full context. And we've built our chat to be embeddable on any
other website via an iframe. Safe Rate's main chat is actually an
embedded iframe itself. And because we can't be wrong when giving a
mortgage quote (regulation!) we've designed our AI so it does not
hallucinate. Here's a 90 second demo video that shows this in
action: https://youtu.be/6eIJukspmfU You can also see a sample
Live session: https://youtu.be/alAPtjUJ5xE We're posting here
today because any testing or feedback would be a great help. We're
able to join the Live Call if you're brave enough (in addition to
building this system ourselves, we're also licensed loan officers).
And our quotes are only valid for Illinois with a max loan size of
$806,500. We hope to expand nationally soon. Thanks!
Author : dmhall23
Score : 10 points
Date : 2025-07-31 19:34 UTC (3 hours ago)
(HTM) web link (saferate.com)
(TXT) w3m dump (saferate.com)
| KaiserPro wrote:
| How do you generate the quotes if you don't share personal
| details with the potential lenders?
| dmhall23 wrote:
| For conventional loans in particular, pricing is pretty
| straightforward, and just depends on the different buckets you
| fall into. Pricing is mostly driven by credit score range, down
| payment amount, loan amount, property type, and number of
| units. You can see Fannie Mae's loan level price adjustments
| here (pdf):
| https://singlefamily.fanniemae.com/media/9391/display
|
| So our rates are accurate assuming the base info you shared is
| correct. When we have a completed application, if it turns out
| that your credit score that you shared is meaningfully
| different, or that the property is a condo and not a single
| family home, then the pricing may be different from what we
| shared.
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