Getting Started with LiteSpeed AI
LiteSpeed now includes built-in AI features designed to make your loan process smoother, faster, and more organized. This guide walks you through what AI can do for you, what it won’t do, and how to get the most out of it.
Where to Find LiteSpeed AI
When you open a file in LiteSpeed, you’ll notice a new button across the top menu:
"LenderLogix AI"
You’ll still see your familiar options like:
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Needs List
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Create QuickQual
…but now you have a powerful new tool at your fingertips.
What Sidekick AI Can Do
When you click the AI button, it will analyze your loan file and provide helpful insights. Specifically, it can:
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Review the application for missing or incomplete data
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Suggest supporting documents that borrowers may need to provide
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Add items to your Needs List with one click
Think of Sidekick AI as a loan file assistant helping you catch gaps early and keep everything organized.
What Sidekick AI Won’t Do
To give you peace of mind, here’s what AI is not designed to do:
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Communicate with borrowers - Only loan officers see AI suggestions
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Make credit or underwriting decisions - Those remain with you and your team
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Replace your expertise - Your judgment and experience are always most important
LiteSpeed's Sidekick AI is here to support you, not replace you.
Best Practices for Success
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Run AI checks regularly to keep files clean and complete
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Always review suggestions before adding them to the Needs List
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Use AI as a guide, while relying on your experience for borrower communication