LenderClose Named a Top 100 Innovative Fintech Company in U.S. Housing Economy

Iowa fintech startup LenderClose is a 2019 recipient of the HousingWire Tech100 award, which recognizes the most innovative technology companies in the U.S. housing economy.

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Published
April 1, 2019
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This article was originally published on HousingWire.

Iowa fintech startup LenderClose is a 2019 recipient of the HousingWire Tech100 award, which recognizes the most innovative technology companies in the U.S. housing economy.

The company has also been named a finalist for the Technology Association of Iowas Prometheus awards and is up for FinTech Company of the Year.

Launched in 2015, LenderClose digitizes the lending process for community financial institutions. Its lending platform is a comprehensive aggregator of lender technology solutions for mortgage or HELOC origination and underwriting, significantly increasing the speed and cost-effectiveness of the lending process.

Going from concept to a top 100 housing finance technology company in the span of a few years has been an incredibly exciting journey, said LenderClose CEO Omar Jordan. This recognition has further energized our team for whats to come.

In recent years, the financial services industry has experienced major technological disruption driven in-part by rapidly evolving consumer expectations. LenderClose enables credit unions and community banks to provide a modern, digital borrower experience that rivals those delivered by the biggest banks and other fintech giants.

"These companies hold the most innovative and impactful technology in mortgage finance, and continue to move markets forward with their new innovations," HousingWire Associate Editor Kelsey Ramirez said of the Tech100 recipients. "The future is bright for the mortgage industry, and it's because these companies continue to push the edge of what is possible."

LenderClose is used by more than 1,700 lenders across more than 130 credit unions and community banks. In 2018, it closed on its Series A funding round, which has enabled the Des Moines-based fintech to more than triple its workforce.

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