Underwriting

Zest AI Underwriting is an advanced, AI-powered credit decisioning solution designed to help financial institutions automate and optimize their lending processes. It enables lenders to assess borrower risk with greater accuracy, reduce bias, and expand access to credit. The platform supports fair, fast, and scalable underwriting across diverse loan products and applicant profiles.

Features

• AI-Driven Risk Models: Custom-built machine learning models tailored to each institution’s portfolio and borrower base.
• Bias Reduction Technology: Advanced adversarial debiasing and fairness optimization to ensure equitable lending.
• Auto-Decisioning: Automates up to 80% of loan decisions, reducing manual review and increasing consistency.
• Real-Time Decisioning: Instant credit decisions integrated directly into loan origination systems.
• Compliance Tools: Built-in support for fair lending audits and regulatory reporting.
• Ongoing Model Monitoring: Continuous performance tracking and updates to maintain accuracy and compliance.

Capabilities

• Scalable Model Deployment: Supports institutions processing from hundreds to hundreds of thousands of applications annually.
• Custom Policy Optimization: Fine-tunes cutoffs and decision rules to align with business goals and risk appetite.
• Inclusive Lending: Expands approvals across protected classes without increasing risk.
• Portfolio Risk Management: Identifies and mitigates delinquency and charge-off risks proactively.
• Seamless Integration: Minimal IT burden with fast deployment into existing workflows.

Benefits

• Higher Approval Rates: Lift approvals by up to 30% while maintaining or reducing risk.
• Reduced Delinquencies: Clients report 30–40% lower delinquency ratios compared to peers.
• Operational Efficiency: Save up to 60% of time and resources in the underwriting process.
• Fair Lending Compliance: Stay ahead of policy changes with transparent, explainable AI.
• Improved Member Experience: Faster decisions and more inclusive access to credit.