Lenderprice

About Lenderprice

Lender Price is a technology company specializing in mortgage loan pricing and origination. It serves mortgage loan originators by providing a sophisticated mortgage pricing engine that allows users to price thousands of mortgage products from hundreds of lenders in real time. The company operates in the mortgage and financial technology market, offering a digital mortgage platform that integrates seamlessly with any Loan Origination System (LOS) or third-party mortgage system through API integration.

Lender Price's business model revolves around providing a subscription-based service to mortgage professionals, enabling them to receive real-time market intelligence, competitor pricing, and compliance checks. The platform supports a wide range of loan types, including Prime, Non-Prime, Portfolio, Second Mortgage, and Specialty Loans. The company generates revenue through subscription fees and potentially through additional services such as compliance solutions and performance benchmarking analytics.

Clients of Lender Price include mortgage brokers, lenders, and financial institutions looking to streamline their loan pricing and origination processes. The platform's key features include a full-functional secondary lock desk, hedging analysis portal, and automated compliance solutions covering Qualified Mortgage (QM), Ability to Repay (ATR), and High-Priced Mortgage Loan (HPML) regulations.