In a significant move within the real estate technology sector, Behomes, a Dubai-based proptech startup, announced its innovative approach to streamlining the mortgage process using advanced AI technology. This development marks a pivotal shift in how mortgage loans are managed in the MENA region, enhancing both the efficiency and accessibility of real estate financing.
By integrating artificial intelligence, Behomes is revolutionizing the traditional mortgage landscape, making it faster and more user-friendly. This technology enables quicker processing of applications, more accurate assessments of borrowers’ financial situations, and better risk management for lenders. The impact of this change is profound, offering potential homeowners swifter loan approvals, and opening up the property market to a broader audience. Additionally, this approach reduces the bureaucratic hurdles often associated with mortgage procurement, thereby democratizing access to real estate investments and fostering economic growth across the region.
Innovative AI Integration into Real Estate
Behomes has emerged as a leader in the application of AI within the real estate sector by developing a user-friendly platform that significantly expedites the mortgage loan process. This tool utilizes AI to analyze and determine optimal housing prices, a boon for both buyers and real estate professionals looking to navigate the often complex pricing landscape of the MENA region.
SaaS Solutions and Fintech Enhancements
Complementing its AI advancements, Behomes is also enhancing its service offerings with SaaS solutions tailored for UAE real estate agencies and private agents. This initiative is designed to build a robust community of mortgage market professionals across the region. Furthermore, by integrating UAE banking services into their platform, Behomes facilitates a smoother transaction process, enabling professionals to secure financing for clients with unprecedented speed and ease.
Community and Language Support
In its commitment to accessibility and user engagement, Behomes supports multiple languages on its platform, with plans to expand to Hindi, Urdu, and Arabic. This strategic choice underscores the company’s dedication to serving a diverse client base within the MENA region, enhancing understanding and usability across various demographics.
Looking Forward
As Behomes continues to innovate in the proptech space, it solidifies its position as a key player in transforming real estate practices through technology. The strategic integration of AI into essential services like mortgage lending not only simplifies complex processes but also opens up new possibilities for efficiency and customer satisfaction in the real estate market. This advancement allows Behomes to offer more tailored and responsive solutions that meet the specific needs of their diverse clientele.
By automating critical aspects of the mortgage application and approval processes, the platform reduces errors, speeds up transaction times, and improves the overall experience for buyers and real estate professionals alike. Furthermore, Behomes’ commitment to technological innovation is setting new industry standards, encouraging other companies in the real estate sector to adopt similar advancements and push the boundaries of what is possible in real estate technology.
For more information about Behomes and their services, visit their website at behomes.io.
Contact:
Andrey Sviridenko CEO at Behomes
behomes.b2b@gmail.com
971 54 388 3224
DIFC, Building Zone South – Avenue Gate, Unit 208 Level 1, Dubai, UAE.
Published by: Holy Minoza
