Recent Press
Want to Be More Financially Savvy This Year? Here are 100 of the Best Budget Tips for 2020
Maybe you’re well on your way toward your retirement saving goals, but still want to find ways to save more money in 2020. Or perhaps you’re still paying off debt and need help developing a budget that can help you gain financial freedom more quickly.
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An AI powered mortgage company designed to get people out of debt
Our goal is to help people make smart money decisions. Americans lost $58B in 2017 alone because they didn’t move their credit card debt at high interest rates to their home loan.
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31 Dumb Things That Are Keeping You From Becoming Wealthy
Growing your wealth takes time, but refinancing your mortgage is a great way to speed up the process and save money. Our CEO, Karl Jacob, shares why you should look for a mortgage lender that offers debt consolidation.
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How to Get a Home Equity Loan with Bad Credit
If you own a home and have significant equity in the property, a home equity loan can be a potential source of cash to cover college tuition, renovations, or other expenses.
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LoanSnap brings smart loans to Florida and Illinois
LoanSnap, the world’s first smart loan technology, is now available to help consumers in Florida and Illinois save thousands of dollars a year on their mortgage and take control of their money.
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LoanSnap Closes in on Goal to Close a Mortgage in a Week
Digital mortgage startup LoanSnap has a goal of getting a mortgage to close in a week by the end of the year; the company already closed 5 loans in 8 days this past June; “We’re automating and creating efficiencies,” said Karl Jacob, CEO, and Founder of LoanSnap, to Forbes. “We’re reducing the mountain of data you have to supply.”
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LoanSnap Aims To Close Mortgage Loans In A Week
LoanSnap, the mortgage startup that uses artificial intelligence to help people get out of debt, is aiming to disrupt the industry again, going after the time it takes to close a home loan.
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Q&A: Where Digital Mortgage Providers Are Missing the Mark
Digital mortgages are becoming a more popular choice for consumers. However, the new startups do not fully understand the lending landscape, according to Karl Jacob, of LoanSnap as he explains to Digital Journal.
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What you need to know about online mortgages
Applying for a mortgage, and closing one, can be a tedious process. Lenders must scan your credit reports and study your credit score. You’ll have to provide copies of such documents as your most recent pay stubs, bank statements and tax returns to verify your income.
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How the founder of a fintech startup got backed by Richard Branson after pitching him while kiteboarding
Karl Jacob pitched his startup LoanSnap to Richard Branson during a kiteboarding trip and walked away with the billionaire’s backing for its $8 million Series A in 2018. Jacob was an early advisor to Facebook, and says his experience working in the early days of social networking reinforced his belief in taking bigger risks and bigger failures.
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LoanSnap Raises Additional Funding Led by Thomvest Ventures for a Total of $17 Million
LoanSnap announced it has raised an additional $4.7 Million investment led by Thomvest Ventures and existing investors, bringing the company’s total financing to $17 Million.
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Are Mortgages The On-Ramp For Lifelong Financial Management?
Loansnap’s CEO Karl Jacob discussed with PYMNTS how Loansnap’s AI is transforming the mortgage industry.
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LoanSnap raised $4.7 million in funding
LoanSnap, a San Francisco-based smart loan startup, raised $4.7 million in funding. Investors include Thomvest Ventures.
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LoanSnap raises nearly $5 million to help borrowers get “smart” loans
LoanSnap, a tech startup that claims it uses artificial intelligence to help borrowers obtain “smart loans” and boasts Richard Branson’s Virgin Group and Joe Montana’s Liquid 2 Ventures among its backers, announced Tuesday that it raised $4.7 million to expand its offerings.
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LoanSnap Raises Additional Funding Led by Thomvest Ventures for a Total of $17M
Strategic Investment Enables LoanSnap to Help More Americans Take Control of Their Financial Future
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LoanSnap Raises $4.7M in Funding
LoanSnap, a San Francisco, CA-based creator of smart loan technology, raised an additional $4.7M in funding. The round, which brought total financing to $17M, was led by Thomvest Ventures and existing investors.
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LoanSnap raises $4.7 million for its AI-driven lending tool
LoanSnap today announced that it has raised an additional $4.7 million in a round led by Thomvest Ventures, along with existing investors, including Baseline Ventures, Branson’s Virgin Group, Core Innovation Partners, Montana’s Liquid 2 Ventures, OVO Fund, Transmedia Ventures, and angel investors. This brings its total capital raised to $17 million and will be used to expand its offerings and team in the months to come.
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LoanSnap wants to bring mortgage closing down to seven days
With its new round of funding, the mortgage fintech company will look to expand its geographic reach and reduce the mortgage closing process to a week in 2019.
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LoanSnap’s Game Plan For Smarter Loans
Lending was among the earliest segments of finance to be disrupted by tech. One startup that’s added its name to the ranks is LoanSnap. The San Francisco startup offers home loans and counts Joe Montana and Richard Branson among its backers. CEO, Karl Jacob joined Cheddar to discuss the company’s offerings.
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LoanSnap service seeks to streamline VA mortgage process
LoanSnap, a provider of AI-backed smart loan technology, has launched VA Smart Loans, a service designed to provide personalized mortgage options for service members and veterans.
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Mortgage fintech taps artificial intelligence to digitize VA loans
Mortgage fintech LoanSnap launched VA Smart Loans, which will provide personalized options to current and former service members applying for a Veterans Affairs-guaranteed mortgage.
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Q&A: New app makes the mortgage process easier
LoanSnap is an app that has the potential to streamline the entire mortgage process and it has been attracting interest from some big name investors. Founder Karl Jacob explains more.
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LoanSnap Introduces Program for VA Loans
LoanSnap, a San Francisco-based fintech, is now offering VA Smart Loans, a new addition to its service that is designed to offer personalized mortgage options for military personnel.
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19 Experts Give Their Best Advice For Home Buyers During Periods of Rising Interest Rates
With a stronger economy, interest rates have been going up over the past several months. How does this affect buyers? What should home buyers do? What types of loans should home shoppers consider using? We asked 19 experts and received the best advice for home buyers during periods of rising interest rates.
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Can this app reduce escrow to 10 days for homebuyers?
LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals.
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How 7 Financial Tools and Services Simplify Life for Millennials
Katherine Garcia had a life-changing experience in 2016. Her mom had lost her job, and the now 29-year-old was faced with the prospect of having to provide financial support to a parent.
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