Every Folio has its story, we read it for you
- AI-First business plan and model
- AI platform
- MVP strategy and business growth
- AI solution
The challenge
A loan can be ready. The property is not. The title study can become the bottleneck of the entire operation. Time: days of waiting due to manual processes and in-person inquiries, plus 5 business days to study a title. Variability: each provider has its own format and there are no standardized criteria. Risk: low information security, with fraud and human error due to a lack of specialization in the process. Limited capacity: banks and PropTechs halt operations while waiting for title study results. Operational cost: multiple people are involved in managing and following up on the process. Financial cost: resolution times delay the deployment of funds and lead to lost commercial opportunities.
Value delivered
This is where Folio comes in. AI does the heavy lifting and the lawyer keeps the final decision. Reads: gathers and reads the submitted documents and queries public databases. Analyzes: reviews the chain of title, validates the seller's and buyer's documents, and runs anti-fraud checks. Reports: generates alerts, findings, and a recommendation. Approves: the lawyer reviews the report highlights and signs off with human in the loop. With Folio we improve title study times, minimize the risk of fraud and human error, speed up the alerts report and action plan, and make the lawyer's review and approval easier, so that in the end our user receives financing as soon as possible.