[A] About Us
Engineering candor into mortgage.
Founded in 2018, Candor Technology is on a mission to revolutionize the mortgage industry through cutting-edge technology and innovation — transforming the way loans are underwritten so lenders can deliver high-quality, profitable loans with unprecedented speed and accuracy.
[01] Who We Are
A forward-thinking company.
We are dedicated to transforming the way mortgage loans are underwritten, ensuring lenders can deliver high-quality, profitable loans with unprecedented speed and accuracy. Our flagship product, the Loan Engineering System (LES), leverages artificial intelligence and expert-systems technology to automate the underwriting process — a seamless, efficient experience for both lenders and borrowers.
Our Origins
Candor was born out of a desire to address the inefficiencies and inconsistencies that have long plagued the mortgage industry. Our founder, Tom Showalter — a former NASA scientist and award-winning expert in Mortgage Decision Sciences Technology — saw an opportunity to apply his knowledge to create a solution that would revolutionize how mortgage loans are processed. With a team of dedicated professionals and industry veterans, we set out to build a system that could replicate the critical thinking and expertise of human underwriters while eliminating the biases and errors of manual processes.
What We Do
At the heart of Candor is the Loan Engineering System (LES), a groundbreaking platform powered by our patented CogniTech™ engine. It mimics the cognitive processes of human underwriters, data scientists, and forensic auditors to deliver fast, accurate, and consistent decisions. The LES has processed over 3 million flawless underwrites, backed by a warranty that ensures zero repurchase claims. Our latest innovation, CandorPLUS™, extends our capabilities across the entire loan lifecycle, from disclosures to closing.
[02] Achievements
At the forefront of innovation.
Our Loan Engineering System is the only solution capable of conducting detailed, nuanced cross-checks across a vast and complex set of dynamic data. In recognition of our groundbreaking work, we secured $12.5 million in Series A funding led by Arthur Ventures in 2023, enabling us to continue modernizing the mortgage industry.
◢ Founded 2018 // Alpharetta, GA
0
Flawless UnderwritesBacked by a zero-repurchase warranty.
$12.5M
Series A (Arthur Ventures, 2023)Fueling continued innovation.
SOC 2
CertifiedEnterprise-grade security.
2018
FoundedBy former NASA scientist Tom Showalter.
[03] Our Future
Building a better industry.
Looking ahead, Candor is committed to further enhancing our products and expanding our reach. We aim to continue innovating and developing new solutions that address the evolving needs of the mortgage industry — leveraging advanced technology to reduce the cost and time it takes to manufacture a mortgage loan, while maintaining the highest standards of quality and reliability.
As we grow, we will continue to prioritize our core values of transparency, efficiency, and customer satisfaction. We are not just shaping the future of mortgage underwriting; we are building a better, more efficient, and more equitable industry for all.
▸ Get Started
Build with Candor.
Talk to our team about bringing cognitive underwriting to your pipeline.