Borrowing money in today’s mortgage environment sucks for both banks and consumers. The costs to originate a mortgage have skyrocketed from $600 in 2003 to nearly $6,000 today. Consumers gained slightly better protection at the cost of crippling regulation that turns a simple mortgage application into a month-long migraine. We’re creating the first mobile app that gets you a home loan by only asking for three things: Name, social, submit. Our software reduces origination costs by 75% and underwriting costs by 50%, while enabling us to earn recurring servicing revenue. We do this in a frictionless process that saves the borrower 90% of their application time. Loanatik’s mission is to make the process of getting a mortgage quick, easy, and smooth while saving the consumer money, time, and future hand cramps from signing so much paperwork.