underwriteAI
The Canadian mortgage broker's
underwriting desk.
Statement Analyzer and Mortgage Brain, built for the way you actually work.
No manual data entry. Every deposit accounted for. Every source cited.
RBC Royal Bank
Chequing·Statement, May 1 to 31, 2026
Account
•••• 7842
Analyzed by underwriteAI
Qualifying income
Mortgage Brain
Made to think like
a Canadian underwriter.
Not a general chatbot with a mortgage prompt. Mortgage Brain was built specifically for Canadian underwriting, with CMHC, Sagen, and CG guidelines, OSFI rules, and lender policy libraries embedded into every answer.
Ask about a lender's tolerance for BFS income, trace a rate stack, or draft submission language.
Every answer cites its source.
Projects
Group every conversation for one client under a project. The AI carries full context across every chat, so it connects the dots on complex deals.
Skills
Upload lender PDFs, rate sheets, or submission scripts. Toggle skills on per conversation. Your niche knowledge, applied automatically.
Deep research
Toggle on and the AI searches your knowledge base exhaustively, plus current CMHC, Sagen, and CG updates, OSFI rules, and lender news. Every claim is cited.
Memory
Learns your preferences across every conversation. Gets sharper the more you use it. No need to repeat yourself.
Response modes
Detailed, Concise, or Client-Friendly. Switch depending on whether you are working the deal or drafting a note to a borrower.
Statement Analyzer
Reads ANY file, cites every number.
Upload any income document. Statement Analyzer reads it, extracts qualifying income, and produces a broker-ready summary. It works across AAA, Alternative A and B, and private lending files. Every calculation is auditable, and every deposit is cited back to its source.
Works for Canadian brokers and cross-border USA clients. Nothing manual. Nothing missed.
Every income document
Bank statements, T4s, T1 Generals, NOAs, pay stubs, business financials. Plus USA equivalents (W-2s, 1040s, IRS transcripts) for cross-border clients buying in Canada.
Auto-classification
Each document routed to the correct analysis engine on upload. No manual tagging, no setup, no template picking.
Qualifying income
Deposits pulled from every month. Transfers and internal moves filtered out. Mortgage Industry expense categories applied automatically.
Editable overrides
Mark any deposit as qualifying or non-qualifying. Totals recalculate instantly and save to the case with a full audit trail.
Broker-ready summary
Month-by-month income breakdown plus a written summary you can drop into any lender submission note without reformatting.
Down payment sourcing
90-day analysis across all accounts. Large deposits flagged, sources verified, totals confirmed and ready to submit.
From upload to submission.
Three steps. Zero manual data entry. Every number auditable back to source.
Upload
Drop any income document into a case. Statement Analyzer accepts bank statements, T4s, NOAs, pay stubs, T1 Generals, business financials, and their USA equivalents.
Analyze
The AI classifies each document, extracts qualifying income, filters transfers, and cites every calculation back to its source in the original file.
Submit
Review the summary, override anything that needs adjusting, and drop the finished income narrative into your lender submission. Minutes, not hours.
What they're saying.
In a world full of AI tools, finding one that's accurate for the mortgage industry is rare. underwriteAI stands out by providing reliable, mortgage-specific answers instead of generic information that often misses the mark. It's become an invaluable resource for getting quick, trustworthy guidance, and I'd recommend it to any mortgage professional.
underwriteAI has been helpful to write client emails. I've used it to work out repayment options for clients wanting to pay down their mortgages faster. I tell it the lender, the mortgage amount, and underwriteAI calculates the math and compiles everything into an easy to understand email.
As a new agent, I'm excited to have this tool. It's been genuinely helpful that the brokerage would invest in something like this for us.
As someone who's always looking for ways to work more efficiently and better serve my clients, I think underwriteAI is a great resource to have. It's built specifically for mortgages, with lender guidelines and real-world underwriting knowledge all in one place. It's another tool that helps agents find answers quickly and gives added confidence when working through more complex files. I love that our team continues to invest in technology that helps us deliver a better experience for our clients.
This underwriteAI brain is an amazing tool. Getting to filter through everything (mortgage related) from the brains of the best and brightest in our brokerage without actually speaking to them is a dream come true. Getting prime knowledge without having to talk about running long distances or hear someone sing show tunes, is a technological advancement not seen since the tinfoil hat or the shake weight.
It has been great for asking questions that you are too embarrassed to ask in the group chat, or when you find yourself working through a file at 11pm and know nobody will answer on the Slack channel.
In all honesty, it is an amazing tool that I feel lucky to have access to and will continue to use as I grow in this industry.
Thanks underwriteAI for always being there when I need you. 10/10 recommended.
When underwriteAI was first introduced, I was really excited to start using it, and it has honestly become one of the most valuable tools in my business. I use it almost every day, and it has saved me countless hours while helping me make more informed lending decisions.
One of my favourite features is being able to run a client scenario through it and receive recommended lenders, along with pros and cons based on their policies. Instead of digging through emails, Slack conversations, or lender resources, I can quickly narrow down the best options, build a game plan, and move forward with confidence.
As someone who is still learning and comes across new scenarios all the time, it has been an incredible resource. I can get quick, reliable answers that I trust because I know they're based on mortgage industry knowledge. It has also significantly reduced how often I have to bug other agents (especially Graham, Derek, and Hillary) with questions, while still giving me confidence that I'm on the right track.
Whether I'm looking for a quick policy answer, creating comparison charts for clients, or working through a complex scenario to determine the best lending strategy, underwriteAI has become my go-to resource. It has made me more efficient, given me greater confidence in my recommendations, and ultimately helped me provide a better experience for my clients.
If you are not already utilising underwriteAI, I highly recommend you start. It's an incredible resource that has become an essential part of my workflow, and I truly believe it can help brokers at every stage of their careers.
Vexio Group
An AI-first automation firm
for teams drowning in admin.
underwriteAI is Vexio Group's purpose-built solution for the Canadian mortgage industry.
It sits alongside a growing suite of custom AI systems Vexio builds for businesses buried in manual work.
The model is simple: build once, automate forever.
Every system Vexio ships pays for itself in the first quarter.
Common questions.
See what AI can do
for your brokerage.
underwriteAI is provided as a productivity tool to help mortgage professionals find information quickly. While we strive for accuracy, AI-generated responses may contain errors, and should not be treated as a substitute for professional advice or official lender documentation. Users are solely responsible for independently verifying any information before acting on it or sharing it with clients.
Vexio holds underwriteAI to a high security standard, but you use this tool at your own risk and should exercise caution with any sensitive data. Used well, it helps you work faster and with more confidence, and the final decision always rests with you.