Prudent AI promotes Paul Gigliotti to chief growth officer

Cautious you, a mortgage technology platform, has announced the appointment of Paul Gigliotti as chief growth officer. With over two decades of experience in mortgage lending and fintech, Gigliotti will be responsible for overseeing revenue, sales, and marketing strategies at the company.

According to Srikanth Rajaraman, co-founder of Prudent AI, Gigliotti’s strategic vision and industry partnerships have already had a significant impact on the team. As Prudent AI specializes in solutions for nonqualified mortgage lenders, Gigliotti’s leadership is expected to help expand the company’s reach and assist more lenders in transforming their operations with the AI-powered platform.

The promotion of Gigliotti comes at a time when mortgage lenders are seeking to improve efficiency and cut costs. Prudent AI’s platform caters to a wide range of lenders, including agency, nonagency, and business-purpose sectors. Gigliotti emphasized the growing importance of self-employed individuals in the lending market and the need for innovative solutions to evaluate these borrowers accurately.

Prudent AI highlighted that its AI-powered platform streamlines the assessment process by allowing partners to process diverse income documentation efficiently. Lender partners using the company’s technology have experienced significant reductions in loan preapproval times, operational cost savings, increased sales volume capacity, and time efficiency improvements.

Jayendran GS, co-founder of Prudent, praised Gigliotti’s industry knowledge and dedication to empowering lending professionals through innovative solutions. The company’s mission is to revolutionize the lending process while emphasizing the importance of human expertise and decision-making in the industry.