Tag Archives: Cre8tech Labs Inc

Lender Price Launches Marketplace 2.0, Providing Wholesale Brokers and Lenders with Enhanced Pricing Capabilities and Deal Intelligence

PASADENA, Calif. /ScoopCloud/ -- Lender Price, a leading provider of product, pricing and eligibility technology, announced today they have released Marketplace 2.0, a major enhancement to their Broker Marketplace platform, one of the largest communities of wholesale brokers in the mortgage industry.

Created to match lenders with mortgage brokers looking to find the best rates and loan products for borrowers in a volatile market, Marketplace 2.0 gives brokers the ability to pull in pricing from their existing lender relationships automatically and run pricing comparisons of participating Broker Marketplace lenders. Eliminating a lengthy signup process and a monthly fee, Marketplace now helps brokers instantly see all of their lenders and marketplace lenders inside a single location without logging into several different TPO portals.

"Marketplace 2.0 is a game changer for brokers and lenders. It helps wholesale lenders expand their audience and gain access to thousands of mortgage brokers quickly," said Dawar Alimi, CEO of Lender Price.

"For brokers, we designed the platform to help them find the most competitive loan programs in this market and help them move away from using legacy technology that typically comes with a monthly fee. Our solution is 100% free to the wholesale broker community and it's one less cost that a broker has to worry about right now."

With Marketplace 2.0, mortgage brokers can now:

* Pull in pricing from their existing wholesale lender relationships without waiting

* Quickly add comp and rate sheets and receive accurate pricing without a monthly fee moving forward

* Invite borrowers to see tailored products and scenarios from inside the system

* Create custom rate alerts and be alerted when new opportunities arise

* Find and isolate specific non-QM, non-agency and home equity products

* Get more control and freedom and run pricing from anywhere

* Find loans that compete with all-cash offers and share with realtors

* Discover products they were previously unaware of and might not know are available

Advantages for wholesale lenders participating in Marketplace 2.0 include:

* Ability to offer product and pricing to additional brokers outside of current network

* Easy access for brokers to find their specific programs and conduct business with them

* Detailed analytics on broker pricing behavior

* Quick notifications on when brokers choose their products

* Ability to showcase non-QM, non-agency and home equity products

Onboarding is now automated, extremely simple, and brokers are up and running in minutes. Brokers only need to upload their rate sheets once and the system automatically updates product and pricing moving forward. Users will be able to see accurate pricing without manual updates.

With rates on the rise, Marketplace 2.0 can help brokers keep costs under control, stay competitive in a challenging market and get wider access to additional products that they might not know exist. The solution also gives brokers access to non-QM, non-agency and home equity programs at no additional cost. Lenders can also gain access to thousands of wholesale brokers quickly and easily, helping them maintain volume during a challenging market.

Learn more about Marketplace 2.0 and the Lender Price platform at https://lenderprice.com/

About Lender Price:

Lender Price is a California-based developer of mortgage technology, including an advanced product, pricing, & eligibility (PPE) engine, digital lending point-of-sale (POS), and non-agency automated underwriting engine. Lender Price provides all types of mortgage lending institutions - wholesale and correspondent lenders, banks, credit unions, and mortgage brokers - with advanced technology designed to eliminate friction, increase transparency, and effectively engage with borrowers. More information about Lender Price can be found at https://lenderprice.com and https://digitallending.com.

Lender Price, a leading provider of product, pricing and eligibility technology, announced today they have released Marketplace 2.0, a major enhancement to their Broker Marketplace platform, one of the largest communities of wholesale brokers in the mortgage industry.

Related link: https://lenderprice.com/

Spring EQ Offers Home Equity Loans to Brokers in Lender Price’s Marketplace

PASADENA, Calif. /ScoopCloud/ -- Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Spring EQ has joined the Lender Price Marketplace as the first home equity loan lender on the platform. Spring EQ, headquartered in Philadelphia, is one of the nation's largest lenders of home equity products. The Lender Price Marketplace pricing engine user base has grown dramatically over the past 12 months with the fastest growth attributed to the addition of Lenders like Spring EQ.

Spring EQ Wholesale products are now available in Lender Price's Marketplace. Home Equity Loans can be a great way for brokers to provide financing to their borrowers. If you're looking for a place to start your search for a home equity loan, explore the Lender Price Marketplace and check out Spring EQ Wholesale's home equity loan offerings.

"Spring EQ Wholesale is excited to announce that our home equity products are now visible within Lender Price, a pricing and digital lending platform that allows brokers to see our pricing," said Paul Saurbier, SVP of Wholesale for Spring EQ. "As mortgage rates continue to rise throughout 2022, and with homeowners having record amounts of equity in their homes, the demand for home equity products will accelerate."

"We're looking forward to our partnership with Spring EQ Wholesale, one of the leading home equity wholesale lenders," said Dawar Alimi, CEO and founder of Lender Price. "Our Marketplace platform's ability to support home equity lending is one reason that brokers come to our Marketplace to find unique and innovative programs such as those offered by Spring EQ Wholesale."

More information about Lender Price and Marketplace can be found at https://LenderPrice.com/marketplace.

Lender Price's Broker Marketplace offers brokers the opportunity to:

* Save time and money by finding the best wholesale lender.

* Be more informed about what you're getting from each wholesale lender.

* Improve your bottom line with better pricing.

* Stay ahead of the competition by being able to offer more than they can.

* You'll save time by not having to search through all the wholesale Lenders TPO portals

* Get access to lenders you never knew existed.

* Easily compare rates and programs from all the top wholesale lenders.

* Be confident that you're getting the best rate possible at the best price.

About Lender Price

Lender Price is a California-based developer of mortgage technology, including an advanced product, pricing, & eligibility (PPE) engine, digital lending point-of-sale (POS), and non-agency automated underwriting engine. Lender Price provides all types of mortgage lending institutions - wholesale and correspondent lenders, banks, credit unions, and mortgage brokers - with advanced technology designed to eliminate friction, increase transparency, and effectively engage with borrowers. More information about Lender Price can be found at: https://lenderprice.com and https://digitallending.com

About Spring EQ

Spring EQ is a national first and second mortgage lender specializing in refinance, home-equity loan, and home-equity line-of-credit products directly to consumers and through mortgage brokers. Headquartered in Philadelphia, Spring EQ is among the fastest growing and most awarded lenders since its founding in 2016. Spring EQ leverages a seamless, simple, and digital process that results in faster funding, trustworthy loans, and less frustration for mortgage professionals and consumers.

For information on Spring EQ, visit: https://www.wholesale.springeq.com/

Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Spring EQ has joined the Lender Price Marketplace as the first home equity loan lender on the platform. Spring EQ, headquartered in Philadelphia, is one of the nation's largest lenders of home equity products.

Related link: https://lenderprice.com/

Lender Price Names Jerry L. Halbrook as CEO and Opens New $5-$10 Million Investment Round

PASADENA, Calif. /ScoopCloud/ -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.

"Adding a CEO of Jerry Halbrook's caliber validates the Lender Price vision and strategy for mortgage lending transformation through a technologically superior digital POS and PPE platform that offers unprecedented business analytics," said Lender Price lead investor Kevin Costner. "The mortgage industry is eager to embrace the promise of digital disruption, and Lender Price is strategically positioned to fulfill on that promise."

Jerry Halbrook's nearly 35 years of financial services industry experience includes most recently serving as president of the Origination Technology and Enterprise Business Intelligence divisions of Black Knight Financial Services, Inc. Prior to Black Knight, he has held numerous executive level positions at Prudential Home Mortgage, Bank of America, CitiMortgage, Nexstar Financial and Deloitte & Touche.

"I joined Lender Price due to its superior technology capabilities, which provide our customers with a competitive advantage," said Halbrook. "Lender Price's fully configurable digital lending platform and pricing engine allow our customers to achieve an omni-channel customer strategy with a superior borrower experience and a superior loan officer and third-party origination partner experience."

"Further, Lender Price's technology platforms allow our customers to achieve maximum flexibility to adjust to changing market conditions and to lower their overall total cost of ownership as compared to competing products," Halbrook added.

"For an investor like me that wants to be in on the early stages of a business poised to transform an industry that is critical to the U.S. economy and touches the lives and financial aspirations of millions of citizens, Lender Price is ideally positioned with a proven product, seasoned leadership and unparalleled marketing acumen," said Costner.

"I am very pleased to have Jerry lead Lender Price into the next phase of our business model," said Lender Price Co-founder, President and CIO Dawar Alimi. "Jerry's knowledge and experience will be invaluable in leading the company through our accelerated growth and market penetration."

Lender Price is opening a new round of equity investment financing at this time to expand its capacity to support implementation of new customers, according to Halbrook.

"The Lender Price products have been so well received by the mortgage and consumer lending industries that our sales pipeline is overflowing and demand for implementation services is expanding rapidly," he said.

About Lender Price:
Lender Price is a California-based technology innovator and developer of an industry leading digital lending technology platform and product, pricing and eligibility engine, supporting omni-channel strategies, full mobile functionality and real time pricing analytics delivered on a state of the art cloud based technology platform.

For more information, visit https://lenderprice.com/ or send email to: Contact@LenderPrice.com.

MULTIMEDIA:
*PHOTO for Media: Send2Press.com/300dpi/16-1010s2p-lenderprice-costner-300dpi.jpg
*Photo Caption: Actor and Lender Price lead investor Kevin Costner.

*LOGO: Send2Press.com/300dpi/s2p-Lender-Price-Logo-300dpi.jpg

Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.

Related link: https://lenderprice.com/