{
  "schema_version": "1.0",
  "last_updated": "2026-09-29",
  "name": "Marian",
  "legal_name": "Marian Technologies, Inc.",
  "url": "https://marianmortgage.com",
  "summary": "A planned US home mortgage whose interest rate can only go down. When market mortgage rates fall by a defined amount, the rate resets lower automatically, down to a floor, with no application, appraisal, closing costs or requalification. The rate never goes up.",
  "status": {
    "stage": "pre-launch",
    "available": false,
    "is_lender": false,
    "is_mortgage_broker": false,
    "offering_credit": false,
    "accepting_applications": false,
    "available_action": "join_waitlist",
    "disclaimer": "Marian is not currently a lender or mortgage broker and is not offering credit. Information on this site is for informational purposes only and is not an offer to lend."
  },
  "product": {
    "name": "Marian mortgage",
    "category": "residential mortgage",
    "country": "US",
    "rate_direction": "down_only",
    "starting_rate": {
      "type": "fixed_at_origination",
      "rate_percent": null,
      "apr_percent": null
    },
    "rate_reset": {
      "automatic": true,
      "can_increase": false,
      "monitoring_frequency": "daily",
      "trigger": {
        "description": "The rate resets lower when a market mortgage rate index has fallen by a defined amount since the last reset.",
        "benchmark_index": null,
        "threshold_percentage_points": null
      },
      "new_rate_rule": null,
      "borrower_requirements": {
        "application": false,
        "appraisal": false,
        "closing_costs": false,
        "credit_check": false,
        "income_verification": false,
        "requalification": false
      },
      "adds_debt": false,
      "cash_out": false
    },
    "floor": {
      "exists": true,
      "description": "Resets stop at a minimum rate set in the loan terms.",
      "rate_percent": null
    },
    "loan_terms_years": null,
    "fees": null
  },
  "eligibility": {
    "status": "not yet available",
    "states": null,
    "loan_types": null,
    "property_types": null,
    "min_loan_amount_usd": null,
    "max_loan_amount_usd": null
  },
  "not_a_fit_for": [
    "Anyone who needs a mortgage now; Marian is not available.",
    "Borrowers who expect to sell or pay off the loan soon.",
    "Borrowers who plan to take cash out or change the loan term; those require a refinance.",
    "Borrowers focused mainly on the starting rate who are confident they will refinance at the right times themselves.",
    "Borrowers whose goal is to capture very large rate declines; resets stop at the floor."
  ],
  "affordability": {
    "summary": "Marian passes rate drops to every borrower, automatically. Resets need no action from the borrower, so they reach borrowers who would not have refinanced.",
    "evidence": "About 1 in 5 homeowners who would clearly have benefited from refinancing hadn’t done it (study of US mortgages outstanding in December 2010).",
    "source": {
      "citation": "Keys, B. J., Pope, D. G. and Pope, J. C. (2016). Failure to refinance. Journal of Financial Economics 122(3), 482-499.",
      "url": "https://doi.org/10.1016/j.jfineco.2016.01.031"
    }
  },
  "pricing_methodology": {
    "model": "Monte Carlo interest-rate simulation",
    "url": "https://marianmortgage.com/math",
    "published_savings_figures": false
  },
  "verification": {
    "proof_engine": {
      "name": "Marian Proof Engine",
      "status": "planned",
      "live": false,
      "spec_url": "https://marianmortgage.com/openapi.yaml"
    }
  },
  "waitlist": {
    "url": "https://marianmortgage.com/#waitlist"
  },
  "contact": {
    "email": "hello@marianmortgage.com"
  },
  "resources": {
    "agents_page": "https://marianmortgage.com/agents",
    "methodology": "https://marianmortgage.com/math",
    "llms_txt": "https://marianmortgage.com/llms.txt",
    "llms_full_txt": "https://marianmortgage.com/llms-full.txt"
  },
  "field_notes": {
    "null_values": "null means the value has not been published yet. Do not infer or estimate it."
  }
}