Ralo

Ralo is an AI native mortgage broker that automates the work of finding, pricing and closing a home loan. A borrower fills in one form describing the purchase or refinance, and Ralo's pricing engine runs it against multiple lenders and surfaces the best available option in seconds, ranked by what the loan really costs rather than the sticker rate, with the fees lenders bury flagged. Rates can be checked with no login, and the site shows the current market rate alongside a running set of closed loan case studies. It is for home buyers and refinancing homeowners in the states where Ralo is licensed: California, Colorado and Texas, and only there. Loan types include conventional, jumbo and adjustable rate mortgages for purchase and refinance. The founders became licensed loan officers themselves, learned the process from the inside and taught it to AI, so the software does the work that a chain of intermediaries used to do. Data handling is a stated principle: conversations and forms are encrypted in transit and at rest, are never sold or shared with advertisers, and are not used to train AI models, Ralo's or anyone else's. Ralo publishes no fee schedule. Its rates page shows line item pricing with rate, points and fees from each lender so the borrower can verify directly with the lender, and Ralo describes its own compensation as a thin commission that is a fraction of what a traditional broker pads into the rate. Ralo raised a $2.9 million seed round and operates under NMLS number 2751459.