Strong growth in Marketplace broker base is attracting more wholesale lender participation. Mountain West is 26th lender to join!
Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Mountain West Financial has been added to their Marketplace pricing engine. Mountain West is a multi-channel lender based in Redlands, California.
The Lender Price Marketplace pricing engine broker base has grown five-fold since May 2019. The Marketplace has become a go-to resource for mortgage brokers to search prevailing pricing from multiple wholesale lenders. The addition of Mountain West Financial increases the total number of wholesale lender partners to twenty-six.
“As a leader in providing Affordable Housing and Down Payment Assistance programs to brokers and their borrowers, we felt that the Lender Price Marketplace is an ideal tool for Mountain West to leverage to showcase our products and programs”, said Gary Martell, Chief Executive Officer for Mountain West.
Lender Price distributes the Marketplace pricing engine through a partnership with the National Association of Mortgage Brokers (NAMB), an industry trade group with over 6,000 mortgage broker members. Together, Lender Price and NAMB offer the Marketplace to all of its members at no cost.
“Partnering with Mountain West was an example of how we can leverage the unique strengths of our platform to market lenders with unique service offerings such as affordable housing and non-QM,” said Dawar Alimi, CEO and founder of Lender Price. “The ability to quickly add custom fields and to link them to lender guidelines and product offerings allows our Marketplace platform to service unique lender programs with more granularity than other pricing engines”
About Lender Price
Lender Price is a California-based big data technology innovator and developer of digital mortgage lending technology, including the Digital Lending point-of-sale (POS) tool and an advanced product pricing & eligibility (PPE) engine. Lender Price provides all types of mortgage lending institutions – wholesale and correspondent lenders, banks, credit unions and mortgage brokers – with advanced technology designed to eliminate friction, increase transparency, and effectively engage with borrowers. For more information, visit https://lenderprice.com and https://digitallending.com.
About Mountain West Financial
Mountain West Financial® is headquartered in Redlands, California serving Retail, Wholesale, and Consumer Direct clients throughout the Western United States providing FHA, VA, Conventional, USDA, and many Down Payment Assistance Programs. For further information, call (909)793-1500, Toll Free 1-888-793-6470, email [email protected], or visit www.mwfwholesale.com. Mountain West Financial, Inc. is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #164497. For full state licensing, visit http://www.mwfinc.com/state-licensing/