PASADENA, CALIF. September 28, 2023
Lender Price, a leading provider of mortgage loan pricing technology, announced today that Village Capital & Investment LLC has added their Non-Delegated Correspondent service offering to the Lender Price Marketplace.
Village Capital & Investment LLC, headquartered in Henderson, NV, is one of the nation’s top-priced government lenders. Village Capital’s Non-Delegated Correspondent channel has no overlays on any of the FHA, VA, or USDA programs.
“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 Brandon Knudson, VP of National Correspondent Sales. “With full access to the government loan programs (no minimum FICO, Manual Underwritten Loans, 100% LTV VA Cash Out, and Manufactured Homes), we are excited to provide more options to the independent mortgage professionals in the market. Our experienced underwriting team paired with the full government guidelines and our top-tier execution will create more opportunities to help borrowers finance the American dream.”
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. Village Capital will be leveraging Marketplace by Lender Price to showcase their products to one of the largest communities of both brokers and Non-Delegated Correspondent 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 Village Capital 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://lenderprice.com/marketplace.
About Village Capital & Investment LLC
Village Capital is a large GNMA Investor and Servicer. Established in 2003, Village Capital rolled out its Correspondent Lending division in 2020 to meet the growing industry need for a competitively priced GNMA (FHA/VA/USDA) investor with no overlays. Our Delegated and Non-Delegated Divisions were created with our customers’ experience in mind, quick turn times, great communication, and are very easy to do business with. For more information on Village Capital & Investment’s Correspondent Delegated and Non-Delegated offering, please visit www.vcicorrespondent.com.
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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