How It Works
A guided deal desk, not a bank binder.
The borrower starts simple. Ascend still collects every underwriting detail as the deal advances — without the document chaos.
- 1
Deal summary
Tell us about the property, value, existing debt, and the request — and see your estimated equity and LTV instantly.
What you’ll need: Property address, estimated value, existing debt, requested amount.
- 2
Purpose & exit
Explain why now and how the loan gets repaid. Our AI summarizes it into an underwriter-ready purpose & exit summary.
What you’ll need: A short narrative and your intended exit (refinance, sale, or cash flow).
- 3
Secure documents
Upload to a dynamic checklist tailored to your borrower and property type — from any device, including your phone camera.
What you’ll need: ID, recent statements, mortgage/tax/insurance docs, entity docs if applicable.
- 4
AI + human review
AI classifies and extracts your documents and flags gaps; experienced underwriters make the credit decision.
What you’ll need: Nothing — we review and reach out with any follow-ups.
- 5
Preliminary terms
Qualified borrowers may receive preliminary terms after review, confirmed in a written term sheet.
What you’ll need: Your review and signature when terms are agreed.
Two reviewers, one decision
AI does the busywork. People make the call.
AI does the busywork
Documents are classified and key figures extracted automatically, so nothing is re-keyed and gaps surface early.
People make the call
Experienced underwriters own the credit decision. AI is a recommendation layer — never an automated approval or denial.
Secure by design
Private, encrypted uploads, field-level encryption for sensitive identifiers, and a full audit trail.
Save and resume anytime. No obligation, and not a commitment to lend.