Lending Pad is a scalable, user-intuitive loan origination solution (LOS) that was designed specifically to help eliminate many headaches that plague today's dated LOS market. By creating a solid SaaS (software-as-a-service) LOS platform, we managed to resolve most of the most challenging issues present in the industry and help streamline the many processes required to make loan origination and processing a smoother process for both borrowers and lenders.
WEI Technology LLC (WEI) is the builder of the LendingPad product line. WEI was formed with a team of lending professionals who are well-seasoned in the origination, securitization, compliance, and risk management areas of the lending processes.
With only 1.5 years on the market, our company has already won the prestigious industry Tech100 award, been endorsed by National Association of Mortgage Brokers (NAMB) and become a premier member of Mortgage Bankers Association. We’ve grown our client base 500% year after year since our founding, because of the market’s demand for a new, scalable LOS.
LendingPad was built using the latest in a modern technology stack, with input from a seasoned team that included brokers, lenders, bankers, credit union executives and top-notch technology experts. The goal was to eliminate slow LOS network performance and implement a dependable, secure cloud-based architecture with zero installs needed and almost no downtime.
Our solution is scalable in tandem with mortgage volume volatility, provides end-to-end multi-user capability, and features synchronous data exchange and push for maximum speed and efficiency. This robust, enterprise-grade SaaS delivers a performance like a core banking platform, with a borrower-facing portal based on user-friendliness and attractiveness for interactive collaboration on a daily basis.
We only work with the best industry vendors by integrating their products and services into our product. We believe the loan origination process should alleviate long waits and conflicting information for both borrowers and lenders, and seek to eliminate duplicated work on all ends.
With that in mind, we’ve made it possible for all of the most popular third-party vendors to be easily accessed from within our LendingPad Network, significantly cutting down pre-qualification and verification times and allowing loans to be closed as quickly and with as little hassle as possible.
Our partners include:
Finally, we provide our product to a wide range of brokers & lenders, from small to mid-sized lenders to industry giants. Our pricing model includes a monthly subscription model or a per-loan success fee model. We also provide customized configuration and development to meet you and your borrowers’ needs, and extended support as needed to ensure your lending system is always on.
Choose a LOS focused on the future, to ensure you can scale as needed and provide the best possible experience for your borrower base.
LendingPad Corp was founded in 2015 with the objective of providing effective technology solutions that span the entire mortgage lending process, to strengthen communication and ultimately, to lower total cost of mortgage lending.