PASADENA, CALIF. November 13, 2023
Lender Price, a leading provider of mortgage loan pricing technology, announced today that City Lending Inc. has joined Lender Price Marketplace.
City Lending, headquartered in Virginia, is one of the nation’s top Latin lenders equipped with innovative solutions for non-traditional borrowers.
“We are thrilled to kick off this opportunity with Lender Price. Lender Price highlights our commitment to being a price leader on all government loan programs with no overlays in their Marketplace,” said Jorge Campodonico, CEO of City Lending Inc. “Our seasoned underwriting team, combined with our commitment to providing non-traditional products for non-traditional borrowers, special loans designed for the Latin community with just a 3.5% down payment, P and L loans, and unique solutions for self-employed individuals with flexible requirements, will open up new avenues to assist borrowers in achieving their American dream of homeownership.”
Lender Price provides lenders with enhanced pricing capabilities and simple-to-use technology designed to help mortgage brokers and loan originators find the most competitive loan programs in the industry. City Lending will be leveraging Marketplace by Lender Price to showcase their products to one of the largest communities of originators in the mortgage industry. The Lender Price Marketplace user base has grown dramatically over the past 12 months, with rapid growth coming from lenders like City Lending looking to get their loan programs in front of more people, and mortgage brokers looking to cut costs and replace legacy pricing technology with Lender Price.
With Lender Price Marketplace, loan originators can:
- See pricing across existing lenders and Marketplace lenders inside 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 moving forward
- Gain deeper access to non-QM, non-agency, DSCR, and home equity products
- Create custom rate alerts and be alerted when new opportunities arise
- Discover and get access to a deeper set of loan programs
- Find loans that compete with all-cash offers and share them with realtors
- Eliminate monthly costs to price loans and move away from legacy technology
More information about Lender Price can be found at https://www.lenderprice.com/marketplace.
About City Lending Inc.
With over a decade of experience, City Lending has established itself as a trusted name in the lending industry. Our team boasts a wealth of knowledge and is supported by in-house underwriting experts, ensuring a seamless lending experience for our clients. As a licensed lender in more than 20 states, we have a wide-reaching presence and can offer our diverse range of products to an extensive audience. From non-traditional loans for non-traditional borrowers to special financing solutions for the Latin community with only a 3.5% down payment, our commitment to innovation and service excellence is at the core of everything we do.
About Lender Price
Lender Price delivers superior cloud-native technology to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our innovative solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Awarded 2023 Technology Provider of the Year by the National Association of Mortgage Brokers and a HousingWire TECH100 winner seven years in a row, our proven pricing and product management platform is helping lenders reduce operational costs, enhancing productivity, and increasing profitability. We are committed to helping clients win more business and uncover additional opportunities through our advanced technology. Visit https://lenderprice.com/ for more information.
Recent Comments