Safe Rate

What it does

Nobody knows how to find the lowest cost mortgage loan today, so most simply people do not comparison shop. Freddie Mac’s data shows that a single consumer leaves $1,200 on the table each year by failing to comparison shop, and over $1 billion in aggregate gets lost by consumers each year.
Using Google’s AI, we make the most convenient mortgage shopping experience today. We use Gemini and Document AI to create an AI mortgage shopping assistant that helps consumers easily comparison find the lowest cost mortgage loan without having to speak to a salesperson or have their sensitive data get sold. Our self-service experience includes:
1) Beat This Rate – upload an offer from another lender and we’ll let you know if another lender can beat it in under 30 seconds
2) Refinance Me – upload a current mortgage statement, and your desired monthly savings, and we’ll let you know if it’s a good time to refinance. If it’s not, you can subscribe to be notified as soon as it is.
3) Quote Me – answer several questions to generate a tailored quote that searches a network of lenders and mortgage brokers
We use Gemini Pro 1.5, and its ability to generate JSON responses for our JSON schemas. That reduces hallucinations and improves the quality of the inputs to call our proprietary pricing functions. Google’s Document AI also helps us parse documents like lender quotes and borrower mortgage statements so that we can provide a fast, tailored, self-service mortgage shopping experience.