But property site inspections are time consuming, error prone, and often cause headaches for both the banks and the owners. Banks can’t approve a mortgage until they have an inspection to understand the conditions and risks of each property. And even if a bank has insured that same building in the past, they still need a site inspection to accurately value any improvements or damage that has occurred since the last property inspection. Sending inspectors on site to properties costs the banking industry millions of dollars each year. Owners must schedule a time for someone to come onsite, be there to let the inspector in, and wait until that information is received and processed by the bank. It’s a very drawn-out process.

That’s why we built Hosta A.I. – to quickly and accurately assess any building or room without having to send someone onsite. Hosta has built new property inspection software that uses artificial intelligence and spatial analytics built specifically for commercial and residential property inspections. With Hosta, banks can instantly get all the measurements, materials classification, and risks you need to quickly approve or deny mortgages – from just a few photos uploaded by the customers.