Making Mortgage Lending Easier For Small Banks And Home Ownership More Accessible

Small to mid size banks, like credit unions and community banks, comprise around half of mortgage originations in the U.S. And, in one in five counties, a community bank is the only financial institution around. But mortgage origination is a complex business with multiple parties involved and especially costly for small lenders.

What’s more, lots of consumers can’t get a mortgage because, while responsible, solvent households, they don’t quite meet the credit score requirements of most banks.

With all that in mind, John Paasonen set out to develop a platform making all the steps in loan origination more efficient and less expensive—thereby helping smaller enterprises compete.  “They’re best

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