Accelarabia is an online portal with the goal to enable mortgage and loan seekers to compare the different options available out there, select the best product for their individual needs, pre-qualify and apply for it directly from the portal in real-time.
Users can also use the site to submit the documents required in order to complete their loan applications, and to follow all progress updates throughout the life of their application, getting instantly notified of any developments.
On the other hand, the portal helps providers of these products reach out to mortgage and loan seekers to obtain pre-qualified customers in a direct and efficient manner.
Earlier this year, Accelarabia launched its Mortgage Automation Platform (MAP); providing banks, mortgage companies, and real estate developers an end-to-end fully automated loan origination solution. MAP encompasses all aspects of mortgage origination from capturing customer’s data, pre-qualifying customers on the fly, obtaining instant credit agency reports to contract generation through an intuitive workflow and document management system enabling mortgage originators to track loan application progress through dashboards, reports, and other management tools.
Accelarabia is based in Dubai, was founded in 2006, secured a first round of funding, and officially launched in early 2007, serving the UAE real estate market with over 10 lenders and 35 real estate partners as part of its network.
Their goal is to provide solutions and services to end-users, financial institutions and real estate companies in the Middle East enabling them to fully automate their origination and fulfillment processes.