PASADENA, Calif., April 1, 2024
Lender Price, a leading provider of mortgage loan pricing technology, announced today that Luxury Mortgage has joined Lender Price Marketplace.
Luxury Mortgage, in its 27th year, is partnered with one of the largest US-based insurance companies to provide extremely competitive, stable rates on a wide array of non-QM products on a brokered, non-delegated and delegated underwriting basis.
“Partnering with Lender Price enhances Luxury’s commitment to transparency and dedication to leading the non-QM and non-agency mortgage space by integrating cutting-edge pricing technology. This collaboration will allow one of the largest communities of originators access to Luxury’s competitively priced, unique mortgage solutions, particularly for non-traditional borrowers, reinforcing our role as a pivotal player in diversifying and strengthening the lending options available through our extensive network of wholesale mortgage brokers and correspondent lenders,” said David Adamo, CEO and Founder of Luxury Mortgage.
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. Luxury Mortgage 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, with rapid growth coming from lenders like Luxury Mortgage looking to get their loan programs in front of a large audience of brokers looking to cut costs and replace legacy pricing technology with Lender Price.
With Lender Price Marketplace, loan originators can:
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- 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://lenderprice.com/marketplace.
About Luxury Mortgage
Luxury Mortgage, founded in 1996, excels in providing mortgage brokers and correspondent lenders with specialized non-QM lending solutions. It is the company’s founding purpose to provide competitive products with unparalleled service to ensure success for our lending partners. Great rates, unique guidelines, and a seasoned credit team that is skilled in TPO lending ensure we can meet the unique needs of all borrowers. Our approach centers on superior service and delivery optionality: Luxury offers loan deliveries on a Brokered, Non-Delegated UW, Delegated Flow and Bulk, and Forward Commitments.
About Lender Price
Lender Price delivers superior cloud-native pricing technology to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Lender Price’s advanced technology, combined with its deep understanding of the lending landscape, sets it apart from the competition. By leveraging artificial intelligence, machine learning, and data-driven insights, Lender Price equips lenders with the knowledge and resources to make informed decisions and drive growth. Recognized by top industry publications, our award-winning pricing, product and eligibility (PPE) platform continues to lead the industry in advancing capital markets and mortgage pricing technology. Visit us at https://lenderprice.com/ for more information.
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