Will AI replace mortgage brokers?
AI is changing the way finance works, but does that mean brokers are on the way out?
In this episode of The Brokers’ Lounge, Eddie and Carlo unpack how AI is already being used in lending, from comparing rates and lender policies to analysing borrowing capacity, reviewing documents, automating admin and speeding up client follow-ups.
They also discuss where AI falls short, especially when it comes to human judgment, client relationships, complex lending scenarios, strategy, structure and understanding what a client is really trying to achieve.
Eddie and Carlo explain why AI may replace parts…
The skinny
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