LENDINGPAD AND LENDER PRICE PARTNER TO MODERNIZE MORTGAGE INDUSTRY TECHNOLOGY

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Brokers and lenders using the LendingPad LOS can have real-time entry to Lender Price’s most intensive and complete collection of Wholesale Lender’s merchandise and pricing.”

— Dawar Allimi, CEO of Lender Price

MCLEAN, VIRGINIA, UNITED STATES, September 27, 2022 /EINPresswire.com/ — LendingPad has built-in with modern, mortgage mortgage pricing know-how supplier, Lender Price. Together, the partnership will attain the joint imaginative and prescient of bringing true, real-time know-how to the mortgage lending area. LendingPad appears to be like ahead to offering mortgage originators with the power to go looking eventualities, value loans with lenders and buyers, and supply their debtors with wide-ranging mortgage merchandise and pricing.

This partnership will present mortgage officers with a strategy to centralize the multi-faceted mortgage origination course of; permitting product eligibility discovery and aggressive pricing evaluation in a single utility, all built-in by way of the LendingPad system. The real-time capabilities of each LendingPad and Lender Price enable for a collaboration and a seamless lending expertise for his or her mutual shoppers.

“LendingPad is committed to providing its user base with the most innovative technology this industry has to offer. Partnering with Lender Price is a great way to offer additional value to our clients while continuing to facilitate our client’s growth amid a high-rate environment,” stated Wes Yuan, CEO of LendingPad.

“We are pleased to partner with LendingPad. Brokers and lenders utilizing the LendingPad LOS will have real-time access to Lender Price’s most extensive and comprehensive selection of Wholesale Lender’s products and pricing. This type of integration will enable the LendingPad user base to locate additional products, including Agency, Non-Agency, Non-QM, and Home Equity, using Lender Price’s user-friendly interface,” stated Dawar Allimi, CEO of Lender Price.

Lender Price additionally affords Marketplace 2.0 which is among the largest communities of brokers within the mortgage trade. This answer is 100% FREE to the wholesale dealer group and is designed to assist discover essentially the most aggressive mortgage applications in right now’s market.

With Marketplace, mortgage originators can:

-See pricing throughout current lenders and market lenders inside one place
-Run charge comparisons and ship them to debtors from anyplace on the planet
-Add charge sheets as soon as and the system routinely updates them transferring ahead
-Gain deeper entry to non-QM, non-agency, DSCR and residential fairness merchandise
-Create customized charge alerts and be alerted when new alternatives come up
-Discover and get entry to a deeper set of mortgage applications
-Find loans that compete with all-cash affords and share them with realtors
-Eliminate month-to-month prices to cost loans and transfer away from legacy know-how

The mortgage trade is lengthy overdue for a know-how makeover. Lender Price and LendingPad are devoted to offering cutting-edge know-how that retains up with the evolution of mortgage lending.

About Lender Price

Lender Price delivers a cloud-based product and pricing engine (PPE), automated underwriting system (AUS), and analytics suite. Built on a contemporary tech stack, our options are sooner, extra configurable, and simpler to combine, which drives workflow efficiencies, compliance, and value optimization. More data might be discovered at https://lenderprice.com/.

About LendingPad

LendingPad is a contemporary LOS serving lenders, brokers, bankers, and credit score unions, providing centralized and compliant automated know-how to the mortgage trade. Providing options spanning the complete mortgage lending course of and reducing your price of business, LendingPad is right here to revolutionize lending. LendingPad is endorsed by the National Association of Mortgage Brokers (NAMB), the Association of Independent Mortgage Experts (AIME), a member of the Mortgage Bankers Association (MBA), the MISMO group, and a proud winner of HousingWire’s Tech100 award. For extra data, go to https://www.lendingpad.com/, or name (800) 900-2823.

Blair Matuszak
LendingPad Corp
+1 541-896-1805
[email protected]
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