LoanNEX provides solutions to the traditional PPE engines that don’t focus on Non-QM. Many times, important parameters are missing from traditional data sets and soft guidelines affecting eligibility are not captured, resulting in eligibility and pricing inaccuracies. Borrower, LO, operations and costs are all impacted by lack of proper understanding of non-agency programs at point of sale. LoanNEX provides confidence to the originator when providing borrower options with its dynamic search capabilities, transparency to guideline parameters often missed at origination and allowing for collaboration between seller and buyer within the platform.
- Represents over 12 non-agency lender/investor programs
- Connects a network of 6,000 brokers and lenders with relevant and qualified Non-QM products
- Prices about 3,000 loan scenarios a month, representing ~$1.5-2.0B in Non-QM loan volume
- Specialized pricing and eligibility engine supports over 100 different credit descriptors including dynamic ratio calculations for a dynamic and accurate pricing and eligibility
Company Website:
Markets Served:
Loan Origination, Secondary
Company HQ:
Clayton, MO
