At Loan House we celebrate independence by promoting one of the most entrepreneurial spirits in business - the mortgage broker. And while mortgage brokers enjoy autonomy, they can quickly become over-burdened with the responsibility of building the necessary technology and operational infrastructure to perpetuate their growth. For this reason, Loan House was created.
Instantly Access Rates and Pricing From Over 30 Wholesale Lenders
Loan House is a technology and fulfillment platform designed to elevate the independent mortgage broker. We support over 30 wholesale relationships with the industry's top lenders and aggregate all of the product, pricing and eligibility data (PPE) in our Wholesale Mortgage Marketplace. The app is 100% consumer-facing, enabling prospective borrowers to easily validate the economic value associated with getting a loan from one of our independent mortgage brokers.
The Point of Sale
Providing customers with instant eligibility and mortgage rate quotes is just the beginning of the story. Loan House provides the technology to make customer acquisition and fulfillment extremely efficient so brokers can focus on providing great customer service rather than fretting over fulfillment procedures. Upon selecting a lender, loan program and interest rate in the Wholesale Mortgage Marketplace, borrowers enter their personal contact info and instantly access the Loan House point of sale (POS). The POS guides the borrower through the loan application (URLA) and instantly prompts them to upload specific documents associated with the Lender and loan program selected. These borrower tasks can all be done on a self-serve basis or with broker assistance. Once the loan is set up to the satisfaction of the broker, the hand off is made to loan processing. From this point until closing, loan processing works directly with borrowers to obtain all of the necessary documentation required for submission and ultimately through funding. All communications, conditions, documents, etc. are managed through the POS and for brokers that like remaining in complete control of their pipeline, accessing a file is simply a matter of logging in.
In-House Underwriting: Premier Wholesale Lender Program
So while the Loan House technology platform makes the upfront borrower experience extremely efficient, closing loans with even the best Wholesale Lenders can often involve waiting on underwriting turn times. But not at Loan House. Our brokers have full access to our in-house underwriting for Premier Wholesale Lenders. With interest rates at record lows and loan volumes at record highs, its no wonder why service levels make loan origination challenging for independent mortgage brokers. But with our Premier Wholesale Lender Program, underwriting turn times are cut to hours instead of days allowing our brokers to get loans closed in less than two weeks often. In house underwriting is generally only offered on Lender platforms, requiring you to surrender your autonomy as an independent broker and become an employee of the Lender. Loan House enables mortgage brokers to keep their independence and all of the benefits that come with it. Loan House will help you close loans faster and make your referral partners and borrowers love doing business with you even more then they do already.
Social Media Marketing
Certainly having awesome technology and closing loans faster will help you get more referrals, but there is little doubt that getting the message out to prospective borrowers on social media is absolutely key to the future of your success as an independent mortgage broker. Our social media marketing program provides regular posting of highly informative content designed to call to action prospective borrowers. Leads that are generated from this marketing plan go right into your lead management system, firing off instant emails and text messages alerting you to the prospective borrower's interest in speaking to you. Marketing budgets range from beginner level to rock star status. We will customize a plan that's perfect for you. Loan House will help brand you to your prospective customers and referral partners and help you close more loans.
Are you a loan originator for a bank thinking about jumping ship to become and independent mortgage broker? Run an instant rate quote to see how your current pricing measures up in the Wholesale Mortgage Marketplace.
We provide an amazing tech platform along with all of the administrative and loan fulfillment services. Do what you do best - originate loans!
Choose from hundreds of Lenders versus just one, and earn as much as 2.750%. We provide the customer support, technology platform and administrative support!
We would love for you to stop by and meet our team! Our primary Florida operational center is managed out of our downtown Lake Worth Beach location. Stop by for a tour and let's talk about your business!