EPISODE · May 30, 2025 · 30 MIN
S2E3: $15 Trillion Mortgage Industry Being Disrupted By AI | Jim Cutillo (Alpha7x)
from Get Paid with Manny Medina
In this episode of Get Paid, Manny sits down with Jim Cutillo, founder of Alpha7x, who's revolutionizing the mortgage industry with AI agents. Despite technological advances over the last 30 years, the cost of processing a mortgage is at an all-time high, about $12,000 per loan. The mortgage process takes longer than it did a decade ago. Jim explains how Alpha7x's AI agents are slashing these costs by automating manual tasks that currently make up about $2,200 of that total. With outcome-based pricing, Alpha7x only makes money when they save their clients money, creating perfect alignment. Jim shares how one large bank needed 15 people to perform manual OFAC checks, but with Alpha7x's agent, they'll only need 3. Beyond mortgages, Jim sees potential for this technology across any industry that's document and data-heavy. Most impressively, Jim is building Alpha7x as a lean operation, with a goal of reaching $10M ARR with fewer than 20 employees, practicing what he preaches about AI transformation. The company is experiencing so much inbound interest they haven't even activated their sales strategy yet, allowing them to be selective about fundraising.
What this episode covers
In this episode of Get Paid, Manny sits down with Jim Cutillo, founder of Alpha7x, who's revolutionizing the mortgage industry with AI agents. Despite technological advances over the last 30 years, the cost of processing a mortgage is at an all-time high, about $12,000 per loan. The mortgage process takes longer than it did a decade ago. Jim explains how Alpha7x's AI agents are slashing these costs by automating manual tasks that currently make up about $2,200 of that total. With outcome-based pricing, Alpha7x only makes money when they save their clients money, creating perfect alignment. Jim shares how one large bank needed 15 people to perform manual OFAC checks, but with Alpha7x's agent, they'll only need 3. Beyond mortgages, Jim sees potential for this technology across any industry that's document and data-heavy. Most impressively, Jim is building Alpha7x as a lean operation, with a goal of reaching $10M ARR with fewer than 20 employees, practicing what he preaches about AI transformation. The company is experiencing so much inbound interest they haven't even activated their sales strategy yet, allowing them to be selective about fundraising.
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S2E3: $15 Trillion Mortgage Industry Being Disrupted By AI | Jim Cutillo (Alpha7x)
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