HAILO by LoanOptions.ai

HAILO revolutionises the client fact-find process for mortgage advisers by delivering a complete, compliance-ready client package to the broker and select aggregator platforms.

In a highly intuitive, dynamic digital journey branded entirely with the broker’s own business colours and logos, HAILO uses advanced automation to complete home loan applications with unprecedented speed and accuracy. It first collects essential details such as buying versus refinancing and employed versus self-employed status before populating compliance documents for client sign-off, including privacy form, credit quote (if applicable) and credit guide.

In a simple three-step process, clients then:

• upload their driver’s licence
• connect their bank statements via Illion or open banking
• upload payslips.

LoanOptions.ai’s AI technology and Auto-complete Contextual Engine (ACE) takes it from there, pre-filling more than 80 per cent of the client’s fact find. HAILO securely contextualises and verifies the information from the client’s documents and automatically completes the application, intuitively prompting for any final details such as residential history before pushing the complete file to the broker.

HAILO is ISO27001 certified, meaning this is all done with bank-grade security and compliance.