Chestnut is the first AI mortgage lender. We automate 99% of human work with AI agents, saving customers 0.5%+ in interest. This is Spencer’s second mortgage startup; the first processes 2% of US mortgages annually. So far, Chestnut is licensed in Texas and Colorado where we power purchases, refinances, cash-outs, and more.
Company Intelligence
Chestnut
Chestnut is the first AI mortgage lender. We automate 99% of human work with AI agents, saving customers 0.5%+ in interest. This is Spencer's second mortgage startup; the first processes 2% of US mortgages annually. So…
In this profile
Quick Facts
- Founded 2025
- Headquarters San Francisco, United States
- Country United States
- Industry AI in Finance
- Company Type Early
- Status Active
- Website Official site
- Last Reviewed Aug 2026
Executive Summary
Chestnut is the first AI mortgage lender. We automate 99% of human work with AI agents, saving customers 0.5%+ in interest. This is Spencer's second mortgage startup; the first processes 2% of US mortgages annually. So far, Chestnut is licensed in Texas and Colorado where we power purchases, refinances, cash-outs, and more.
Why It Matters
The first AI mortgage lender
Recent Developments
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2025
Company founded
Chestnut was founded in 2025 per the company profile source on file.
Source
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