LenderClose Named a Top 100 Innovative FinTech Company in U.S. Housing Economy

WEST DES MOINES, Iowa, April 5, 2019 (Newswire.com) - Iowa FinTech startup LenderClose is a 2019 recipient of the HousingWire Tech100 Award, which recognizes the most innovative technology companies in the U.S. housing economy.

The company has also been named a finalist for the Technology Association of Iowa’s Prometheus Awards and is up for FinTech Company of the Year.

Launched in 2015, LenderClose digitizes the lending process for community financial institutions. Its lending platform is a comprehensive aggregator of lender technology solutions for mortgage or HELOC origination and underwriting, significantly increasing the speed and cost-effectiveness of the lending process.

“Going from concept to a top 100 housing finance technology company in the span of a few years has been an incredibly exciting journey,” said LenderClose CEO Omar Jordan. “This recognition has further energized our team for what’s to come.”

In recent years, the financial services industry has experienced major technological disruption driven, in part, by rapidly evolving consumer expectations. LenderClose enables credit unions and community banks to provide a modern, digital borrower experience that rivals those delivered by the biggest banks and other FinTech giants.

"These companies hold the most innovative and impactful technology in mortgage finance, and continue to move markets forward with their new innovations," HousingWire Associate Editor Kelsey Ramírez said of the Tech100 recipients. "The future is bright for the mortgage industry, and it's because these companies continue to push the edge of what is possible."

LenderClose is used by more than 1,700 lenders across more than 130 credit unions and community banks. In 2018, it closed on its Series A funding round, which has enabled the Des Moines-based FinTech to more than triple its workforce.

About LenderClose, Inc.

LenderClose is a powerful platform that digitizes the underwriting process and speeds up the lending cycle. The web-based hub gives loan officers instant access to the latest real estate lending technology, products and solutions so they can become dominant lenders in their local markets. To learn more, follow LenderClose on LinkedIn or at lenderclose.com.

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Source: LenderClose