“We don’t see other fintech companies as competition, but like-minded innovators who will bring us into the future,” says founder and principal broker Shawn-Marc Melo (pictured top). “We have stalled as an industry, and we believe our technology is a game changer that can help push the industry into its next evolution. We predict it will encourage our competitors and like-minded innovators to take more chances and liberties with their creations.”
One of Lendwire’s standout innovations is its consumer-facing Lendwire Mobile App. This comprehensive financial tool goes beyond a simple mortgage calculator, offering users detailed insights into their financial picture, including tracking their mortgage with any lender and viewing documents from closed transactions.
Users can create budgets, track net worth, and manage bank statements by syncing with major American and Canadian banks in real time. The app also features Lendwire Secured Mastercard, which rewards users for closed deals, referrals, and loyalty while helping them build credit.
For brokers, Lendwire’s latest innovation is Blitz, a platform designed to streamline every aspect of their work. Dubbed “The End of Alt + Tab,” Blitz consolidates origination systems, email platforms, lender portals, and websites into one seamless interface.
It provides updated rates, access to lender portals, and the ability to submit deals through one of six preferred origination platforms. This tool has significantly reduced agents’ time from application to close, with some applications now completed in under 15 minutes.
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