Truepic Vision driving impact in residential construction lending

In today’s AI-driven environment, speed, accuracy, and trust are essential. Residential construction lenders fund the real estate investors and developers improving aging homes and expanding housing supply. These short-term loans rely on rapid access to capital to stay on schedule and maintain momentum. But as AI makes it easier to manipulate digital content, lenders face growing risks when relying on unauthenticated photos or delayed inspections.

To protect capital and disburse funds with confidence, lenders need clear, verified visibility into a property's condition—before, during, and after construction. Verified data accelerates decision-making, reduces fraud, and allows lenders to scale operations safely. In this new era, trusted content isn’t optional—it’s a requirement.

The problem: delays, deception, and operational drag

Lenders have relied on either borrower-submitted photos or third-party inspections. Borrower-submitted photos are unverified, often outdated, or even misrepresentative. In some cases, images from unrelated projects are reused, or older photos are resubmitted to falsely indicate progress. While in-person inspections provide accuracy, they introduce high costs, scheduling delays, and logistical inefficiencies. 

These inefficiencies are compounded by the time lending teams spend manually reviewing emailed photos and third-party reports during the draw process. This slows decision-making and increases the likelihood of disbursing funds based on inaccurate or deceptive content. The traditional approach, already strained by cost and complexity, is now more vulnerable than ever in the AI era—where sophisticated forgeries and manipulated media can be generated in seconds, further elevating operational and financial risk.

The results: efficiency gains that scale

Truepic Vision secures and streamlines the property verification and draw process by offering lenders a fast, robust, and cost-effective alternative to traditional methods. The platform leverages cutting-edge image authentication technology, ensuring that submitted photos and videos are:

• Verified with accurate geolocation data to confirm their capture at the correct project site.

• Tamper-proof, eliminating the risk of altered or reused images.

• Easy to use, reducing reliance on costly in-person and third-party inspections.

Impact

Truepic Vision changes the traditional methods of operation, which translates into immediate impact for its users. Truepic analyzed a sample of 50,000 of its partners' most recent inspections in the residential construction lending industry to assess the impact of its Vision platform. It found that, across this sample, partners using Truepic Vision achieved:

253,000+ days saved in waiting time, increasing deal velocity, and dispersing draws faster.

→ How is this calculated? On average, third-party inspections take 7 days to schedule, execute, and report back inspection findings. lenders using the Vision platform complete inspections on average in 24 hours, representing approximately 253,000 days saved in waiting time for inspection completion.

$5 million+ saved in inspection costs.

→ How is this calculated? On average, third-party inspections average $150 each, marking approximately 300% to 400% more per inspection when compared to Vision pricing. In the sample analyzed, this difference amounts to a $5 million minimum in cost savings.

Case study # 1: Reducing diligence time in loan origination, accelerating velocity

Beyond time and cost savings, image and data authentication unlock powerful benefits based on where it's integrated in the workflow. When used at the onset of loan applications or during loan origination, it has been shown to accelerate decision-making and deliver significant efficiency gains. One lender using Truepic Vision at loan origination reported that authenticated images and data dramatically streamlined their underwriting process, enabling faster and more confident decisions. 

With Vision, the lender was able to identify clear loan denials significantly faster—on average, within 12 hours—saving approximately 60 hours of due diligence per denial. These cases accounted for approximately 8.5% of total applications. In 2025, the lender expects to identify at least 150 such clear denials within 12 hours, resulting in a projected time savings of 4,400 work hours—the equivalent of two full-time employees' annual workload gained through efficiency.

With this increased efficiency, the lender can process more loans overall and quickly eliminate unqualified borrowers—allowing their team to focus time and resources on viable opportunities.

Case study #2: A case of misleading photos

In construction lending, a common type of fraud involves submitting photos of a different property to falsely represent progress. In one instance, suspicious activity was flagged when a real estate developer performed over ten separate virtual inspections for the same construction site. In each inspection, the geocoordinates and GPS accuracy of every picture were the same.

Although the location appeared consistent, the authenticated photos captured through Truepic Vision told a different story. The images revealed two entirely different houses—despite being tied to the same project address.

By providing verifiable, tamper-proof evidence, Truepic Vision protected the lender from issuing payouts based on misleading submissions. This case underscores the importance of real-time, authenticated imagery in preventing financial loss and ensuring the integrity of lending processes.

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