The company aims to cut costs and replace legacy pricing tech
Non-QM lender Logan Finance Corporation has partnered with Lenders Price to showcase its non-agency mortgage loan products in Lender Price’s Marketplace.
The Lender Price platform is a product and pricing engine (PPE), automated underwriting system (AUS), and analytics suite for banks, lenders, and credit unions. It also provides brokers and originators access to non-QM, non-agency, DSCR, and home equity products.
“Logan will be leveraging Marketplace 2.0 by Lender Price to showcase their products to one of the largest communities of brokers in the mortgage industry,” Logan Finance said in a Press release. “The Lender Price Marketplace user base has grown dramatically over the past 12 months, with rapid growth coming from lenders like Logan Finance looking to get their loan programs in front of more people, and mortgage brokers looking to cut costs and replace legacy pricing technology with Lender Price.”
Read more: Lender Price launches non-QM pricing platform
Headquartered in Hauppauge, N.Y., Logan Finance’s non-delegated correspondent and wholesale channels specialize in non-QM products, including bank statement, full-doc non-QM, DSCR, foreign national, asset qualification, non-warrantable condo, and mixed-use loans.
