Wemlo is a technology-focused mortgage loan processing company that is reshaping the mortgage broker channel. Wemlo develops enterprise-grade tech solutions for mortgage businesses combining third-party loan processing with an all-in-one digital platform. The innovative system automates and streamlines processing tasks and solves the industry problem of technology fragmentation, covering all steps of the processing workflow in one convenient, easy-to-use system. And, because the platform is agnostic, users enjoy freedom of choice and can plug in their preferred software from a menu of leading mortgage vendors. This enterprise-level service creates flexible scalability and a finer-tuned workflow, which allows for faster turn times and a better customer experience.
- Processors averaged 28 closed loans per wemlo processor in October 2020 as compared to 10.8 per month for the average processor
- Recently announced the creation of ATHENA, the first autonomy and intelligence within mortgage processing software
- Acquired by RE/MAX Holdings in September 2020, showing the value that the wemlo technology provides