JSMedia – Lenders One, a national alliance of independent mortgage bankers, correspondent lenders, and suppliers of mortgage products, has announced the addition of seven new preferred vendor companies to its platform. The new members will have access to a proprietary offering and a membership portal, LendersOne Connect, that enables daily member interaction. The cooperative has also launched a new corporate brand and tagline.
Lenders One has added seven new preferred vendors this year. These include: Constructive Mortgage Services, a national mortgage banking firm focused on business purpose lending. Luxury Mortgage is a cloud-based platform offering a complete Non-QM product suite on a delegated basis. In addition to these new preferred vendor companies, LendersOne also welcomed two regional directors and a vice president of strategy and operations.
The company also welcomed Justin M. Demola as its Vice President of Sales. Mr. Demola previously served as Chief Operating Officer at MLB Residential Lending, LLC. He brings years of experience in mortgage, consulting, and business development to the company. As Vice President of Sales, Justin will focus on maximizing member value by leading the sales team. By leveraging his consultative approach, he will offer solutions that meet members’ unique needs.
Lenders One Adds Seven New Preferred Vendors
Lenders One distributes millions in dividends and saves members on loan origination products. The company’s new preferred vendor program includes iEmergent’s Mortgage MarketSmart, which enables members to target their sales efforts by using aggregated data sources. Other new preferred vendor companies include Mortgage Coach, which helps loan officers create personalized presentations for borrowers. Lastly, Lenders One has launched a new corporate brand and tagline.
The national mortgage bankers’ alliance of correspondent lenders, independent lenders, and suppliers of mortgage products has announced the addition of seven new preferred vendor companies to its platform. It has also unveiled a new corporate brand and tagline. The cooperative has been a member-centric organization for 15 years, leveraging its unique resources and expertise to help its members grow their businesses. Today, Lenders One is a preferred investor in more than 30 companies, representing 18 percent of the mortgage market.
Lenders One has partnered with a variety of technology providers to expand the lender’s preferred vendor network. Its newest vendor, LoanBeam, has been added to the LendersOne preferred vendors. It is a software solution that reduces inefficiencies and lowers credit risks associated with cash flow analysis. It utilizes optical character recognition to read tax documents and exports the relevant data to Excel. Using this service can help brokers analyze the borrower’s cash flow.
Lenders One has added seven new vendors to its preferred vendor list. In addition to LOS Fusion, the company offers integrated LOS/API custom development solutions, including plug-ins. The integration-based LOS/API custom development solutions allow Lenders to use APIs and a blockchain database for loan documentation. The new partnerships with these companies will help mortgage banks increase their market share.
Lenders One has added seven new preferred vendor partners to its vendor list. These companies include Connexions, a software-as-a-service platform that helps mortgage lenders automate and manage appraisals. LOS Fusion also offers integration-based LOS/API solutions. Its clients can use integration-based solutions to integrate with its preferred vendors. Other companies include National MI, a private mortgage insurance company that protects lenders. Lastly, Ocrolus, which transforms paper documents into digital data and analytics.
Lenders One has added seven new preferred vendors to its list of vendor partners. These companies provide innovative solutions for mortgage and credit risk management. The vendor list contains the names of a number of preferred vendors. Its partnerships with these companies will further boost the company’s reach in the mortgage industry. In addition, it is adding three more mortgage-related partners to its vendor lineup. These partners include: