— Dawar Allimi, CEO of Lender Price
MCLEAN, VIRGINIA, USA, Sept. 27, 2022 /EINPresswire.com/ — LendingPad has integrated with innovative mortgage pricing technology provider, Lender Price. Together, the partnership will achieve the shared vision of bringing true real-time technology to the mortgage space. LendingPad looks forward to providing loan originators with the ability to research scenarios, price loans with lenders and investors, and provide their borrowers with a wide range of mortgage and pricing products.
This partnership will provide loan officers with a way to centralize the multifaceted loan origination process; enabling product eligibility discovery and competitive pricing analysis in a single application, all integrated through the LendingPad system. The real-time capabilities of LendingPad and Lender Price enable collaboration and a seamless lending experience for their joint customers.
“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 deliver additional value to our customers while continuing to facilitate growth. of our customers in a high rate environment,” said Wes Yuan, CEO of LendingPad.
“We are thrilled to partner with LenderPad. Brokers and lenders using the LendingPad LOS will have real-time access to Lender Price’s most complete and comprehensive selection of Wholesale Lender products and prices. integration will allow LendingPad’s user base to locate additional products, including Agency, Non-Agency, Non-QM and Home Equity products, using Lender Price’s user-friendly interface,” Dawar said. Allimi, CEO of Lender Price.
Lender Price also offers Marketplace 2.0 which is one of the largest communities of brokers in the mortgage industry. This solution is 100% FREE for the wholesale brokerage community and is designed to help find the most competitive loan programs in today’s market.
With Marketplace, loan originators can:
-See prices from existing lenders and market lenders in one place
-Run rate comparisons and send them to borrowers from anywhere in the world
-Add rate sheets once and the system automatically updates them in the future
-Gain deeper access to non-QM, non-agency, DSCR and home equity products
-Create custom rate alerts and get alerted when new opportunities arise
-Discover and access a deeper set of loan programs
-Find loans that compete with all-cash offers and share them with real estate agents
-Eliminate monthly loan pricing costs and move away from legacy technology
The mortgage industry has long awaited a technological metamorphosis. Lender Price and LendingPad are dedicated to providing cutting-edge technology that keeps pace with mortgage lending.
About the lender price
Lender Price provides a cloud-based product and pricing engine (PPE), automated underwriting system (AUS) and analytics suite. Built on a modern technology stack, our solutions are faster, more configurable and easier to integrate, improving workflow efficiency, compliance and price optimization. More information can be found at https://lenderprice.com/.
LendingPad is a modern LOS serving lenders, brokers, bankers and credit unions, providing centralized, compliant, automated technology to the mortgage industry. Providing solutions covering the entire mortgage process and reducing your operating costs, LendingPad is 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 organization, and a proud winner of HousingWire’s Tech100 award. For more information, go to https://www.lendingpad.com/ or call (800) 900-2823.