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Approval AI

USA, California
Market: Real estate, Financial services
Stage of the project: Operating business

Date of last change: 11.07.2025
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Idea

Approval AI is an AI-powered mortgage co-pilot that automates the most complex parts of getting a mortgage: rate shopping, negotiation, and paperwork, all in one place.

Current Status

So far, we

Problem or Opportunity

The mortgage process is confusing, time consuming, and a scattered process to navigate. Homebuyers spend hours re-uploading documents to different portals and talking to bankers to find the best deal. They don't know how to compare offers and their phones got flooded with spam calls. They end up signing paperwork they don't fully understand to keep the process going.

Solution (product or service)

Approval AI reimagines how homebuyers get a mortgage. With one simple form, our AI assistant handles the entire process, so buyers get the best loan with less work.

Business model

We will charge 0.5% of the loan amount as fees post getting a mortgage license from each state we operate in.

Incubation/Acceleration programs accomplishment

Y Combinator
5,00
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Idea
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