“These are very exciting times for technology companies in the mortgage sector, as lenders of all types and sizes fully embrace the digital transformation sweeping through the industry,” said
Among those market forces is the arrival of Millennials into the housing market, support by the GSEs of digital technology in loan underwriting and the launch and heavy marketing of digital mortgage platforms by a handful of prominent lenders.
“The mortgage process can be cumbersome, leading to decreased customer satisfaction, inefficiency and higher origination costs,” said
Since launching its digital mortgage platform – known as SwiftDLP™ – as a white-label solution, MortgageHippo has signed several top national and regional lenders and brokers who use the platform to deliver a modern borrowing experience to their customers and increase their conversions. “We are very excited about
MortgageHippo raised an initial seed round of
MortgageHippo helps lenders devise and implement their digital mortgage strategies using its borrower-centric digital lending platform: Swift DLP™. Swift DLP™ allows lenders to deliver a modern borrowing experience, improve borrower conversions, significantly reduce origination costs and integrate with other innovative technologies. SwiftDLP™ is fully customizable to lender preferences and configurable to lenders’ workflows and processes. Additional information on the company can be found at www.mortgagehippo.com/swift.
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