Chestnut

Chestnut is pioneering the future of home financing as the first AI-powered mortgage lender. By leveraging advanced AI agents, Chestnut automates approximately 99% of the tasks traditionally performed by humans in the mortgage process. This efficiency translates directly into significant savings for customers, often exceeding 0.5% in interest rate reductions. Founded by a seasoned entrepreneur with a proven track record in the mortgage industry (previous venture processed 2% of all US mortgages annually), Chestnut is currently licensed to operate in Texas and Colorado. The company facilitates a wide range of mortgage products, including purchases, refinances, and cash-out options, all powered by its innovative AI platform.