The Key to Reducing Post-Refi Boom Borrower Churn

In this webinar, PRMG Chief Lending Officer Kevin Peranio will help attendees sort through the right technologies as he shares the tech investments that have had the biggest impact on his business.

Tracey Velt breaks down the latest RealTrends 500 rankings

During the episode, Velt highlights which brokerages achieved top rankings in both categories for 2020, and shares what stood out to her the most about the rankings.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Mortgage servicers take steps to support borrowers amid COVID-19

Call volumes have spiked to a level not seen since last April, lenders and servicers need to prepare for a significant increase in their workload as they help borrowers through difficult times.

InvestmentsMortgage

2017 HW Tech100 Winner: LendingHome

Online platform offers short-term loans to property investors who buy, rehab and sell

Tech100 2

LendingHome

 

LENDING, SERVICING, INVESTMENTS

LendingHome focuses on providing short-term loans to property investors who buy, rehabilitate and sell residential homes.

After submitting basic information to the company’s online platform, borrowers can receive their rate in 60 seconds, complete their application in 20 minutes, and close in under 15 days.

Investors can access LendingHome’s marketplace with a minimum opening balance of $50,000 and a minimum investment of $5,000. Investors benefit from fractional notes backed by mortgages that yield upwards of 9% on average.

Investors can either browse the marketplace and select individual investments or set criteria and diversify automatically through an auto-invest feature.

Since it launched in April of 2014, the company has funded nearly $1 billion in mortgage loans and has returned over $410 million in principal and $35 million in interest to investors. 

lendinghome.com

 

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3d rendering of a row of luxury townhouses along a street

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