Membership-based commercial mortgage brokerage GPARENCY announced a “first-of-its kind” software solution that gives CRE borrowers the ability to search by loan and property type to access every loan lender in their state at no cost.

The solution, Match to Lender, is meant to disrupt the legacy model of origination, GPARENCY said, when mortgage brokers would “keep originator contacts close to vest, and use that opacity to justify steep, commission-based fees.” 

Until June 30, 2022, all borrowers will be able to use the algorithm to access all of the originators in their state. On June 30, and beyond, only lenders who are GPARENCY partners will display. For borrowers who have GPARENCY memberships, the open source approach to listing lenders will remain.

NEXT Mortgage News logo

Stay in the know

Get the daily intel that impacts your customers, employees and market. 

Up NEXT eNewsletter — Industry news

Thank you!

Share This