About Our Company

What makes us unique?
Our management team understands that technology and guidelines aren't enough to complete the whole process of delivering our services. At Advanced Financial Technologies we know how important it is to understand our client's business as well. An Advanced Financial Technologies/Client relationship is stronger because our staff members are experts in both the mortgage banking and information technology fields.

Our staff offers our clients years of combined experience in Mortgage Banking, Real Estate, Consumer Banking, Credit Unions and Automotive Lending. Advanced Financial Technologies understands your company's needs because we've been there ourselves. We understand that clients are more comfortable with people who have actually been in the industry and have an in-depth knowledge of the lending business. Combine this insight with the knowledge and experience of our team of software experts and the result is quicker development of customized Pricing, AUS, Multiple Rate Sheet, Loan Delivery, LOS, and Back-end database system solutions providing a direct increase to your bottom line.

Prevailing Business Problem
Advanced Financial Technologies
understands the problems faced by the financial community when it comes to the automation of the lending process with regards to underwriting, origination, servicing and securitization. Designing and implementing such an automated system is an extremely challenging task for computer software engineers due to complicated underwriting guidelines, and a lack of understanding on how to utilize technology in applying these underwriting rules, using advanced skills such as high speed internet-based connectivity and artificial intelligence.

Advanced Financial Technologies has created a proprietary end-to-end mortgage-banking platform that includes The SMART System™, which is divided into three separate modules, which are available individually or can be purchased as one total solution:

SMART 1 - Pricing engine with your customized program information. Real-Time pricing with 100% accuracy. Includes a loan finder that determines which program is best suited for the borrower. SMART 2 - Automated underwriting and conditioning for all products including A-Paper, Alt-A, Sub-Prime, and Hard Money. SMART 3 -Secondary manager provides loan servicing capabilities, abilities to pool loans, get purchase advice and shipping information for your funded loans. And because this is our exclusive propietary system, no other provider can match the sophistication of our web-based financial solutions.

Our Company History
Alex Kang founded Advanced Financial Technologies in July 1999 and has successfully managed its growth as a solutions provider. He formulated the business concept in early 1999, raised the necessary seed capital, and put together a talented team for developing his business plan. Its growth was accelerated with equity financing provided by several prominent San Jose venture capital firms. Advanced Financial Technologies business is focused on vendor connectivity, automated loan approval, loan optimization and pricing finance products, based on the finance companies' own internal guidelines. Major clients include Northpointe Bank, MEGA Capital, Premier Lending Solutions and High Desert Finance.

Our Mission Statement
Our mission is to guide the growth of Advanced Financial Technologies to be the leading on-line transaction platform focused on the lending institution marketplace.