LendWize has grown significantly in 2020 to be a modern, web-based integrated LOS, POS and PPE in addition to launching as a wholesale lending marketplace. LendWize’s all-in-one platform provides dramatic economies of scale to lenders in transforming borrower experiences, underwriting and loans processing, as well as searching products and pricing in secondary markets. The company’s wholesale marketplace solution, ARIVE, connects mortgage brokers with an ecosystem of large wholesale lenders, agencies, credit providers, D1C providers, settlement providers and referral partners in an unprecedented digital manner.
- PPE process more than $250+ billion in volume in products and pricing API requests per year
- Newly-launched LOS/POS platform processes and originates $40+ billion in mortgage loans in 2020
- ARIVE includes large lenders that constitute more than 65% of the wholesale market
- More than 2000+ originators use this self-service platform that was launched in mid-2020 and now originates more than $2.5 billion loans per month, growing 20% month over month
