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Lendicom Inc. Releases Online Commercial Mortgage Matching Tool - 12/04/07 06:29 PM
PORTLAND, OR - Lendicom Inc., based in Portland, Oregon, has released an online application intended to help borrowers and brokers looking for commercial funding find the most appropriate lenders in an efficient and cost-effective way.
The application, hosted at http://www.lendicom.com, is centered around its commercial loan submission engine, which allows the financing requests of brokers and borrowers to be matched against the profiles of lenders' programs with an unprecedented level of accuracy, and enables its users to submit their requests directly to the matching lenders.
The service is offered free of charge and without obligation to brokers and borrowers, and there are … (0 comments)
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Commercial Mortgages and the Internet - 12/04/07 06:08 PM
The development of Lendicom.com has been driven by the basic convictions that (1) the potential of the internet in increasing the efficiency of commercial mortgage loan origination simply has not been harnessed effectively; (2) that this potential is very great, and that (3) one can only figure out how to fully harness this potential by listening to the people that will use the tool.
Now, a matching/submission tool is probably the most obvious thing the internet can potentially do well for the commercial mortgage industry. At present our primary focus is developing such a commercial loan matching/submission tool that is truly … (2 comments)
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