Pasadena, Calif. May 7, 2024
Lender Price, a leading provider of mortgage loan pricing technology, announced today that PowerTPO has joined Lender Price Marketplace.
Established in January 2022 by Brett Arsta, Executive Managing Director, and Michael George, Senior Managing Director, PowerTPO is dedicated to supporting their partners’ success. PowerTPO’s mission is to provide competitive pricing, streamlined processes, and exceptional service. With a leadership team boasting over 150 years of combined mortgage experience, they appreciate the value of the TPO community. As part of Lower, LLC business family, PowerTPO serves both the broker community and independent mortgage bankers as an agency lender.
“PowerTPO is excited to announce the expansion of our platform by partnering with Lender Price. Lender Price offers a superior pricing engine that was built for TPO mortgage brokers,” says Brett Arsta, PowerTPO’s Executive Director.
“Being able to reach every segment of the expanding TPO space is an important part of our growth strategy. The partnership with Lender Price is a key part of our commitment to reach more TPO Partners and provide them with exceptional service and pricing,” says Michael George, Senior Managing Director of PowerTPO.
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. PowerTPO 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 PowerTPO 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 2.0, 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 PowerTPO
PowerTPO is an agency Wholesale and Non-Delegated Correspondent lender that is built on the principal of helping you achieve success. We want the best for you and your borrowers. PowerTPO is committed to providing aggressive pricing, a simple process, and superior service. With over 150+ years of combined TPO experience, we understand the value of a true partnership and are dedicated to providing you with the best experience possible. There is no POWER in PowerTPO without our partners and we are excited for the opportunity to serve you.
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.
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