LenderClose Grows Team 20% In Q1 2021, Aims To Double By Year End

LenderClose, a fintech engaged in providing technology solutions to home equity and real estate lenders, onboarded 10 new team members during the first quarter of 2021. With the company’s recent Series B capital raise of $10 million, LenderClose is investing heavily in top talent. The company continues to scale its client acquisition market share and aims to double its talent base by year end.

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LenderClose Hires Industry Vet To Lead Engineering, Expands Tech Team

LenderClose, a real estate and home equity lending technology platform, has hired industry veteran Felix Dominguez to continue the expansion of its engineering division and has added seven additional team members to its technology department. The additions showcase the company’s commitment to streamlining and enhancing the real estate and home equity lending process through automation.

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LenderClose Deploys HEx To Expedite, Simplify Home Equity Lending

LenderClose, a fintech engaged in providing technology solutions to lending institutions, has launched Home Equity Express (HEx), a cloud-native technology for placement of collateral verification data and reports through an intelligent, automated workflow, reducing the time it takes credit unions and community banks to process a home equity loan. With HEx, lenders can spend significantly less time per file, with some existing clients reporting their origination time has reduced by nearly 60%.

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Fintech Firm To Expand Reach And Innovation With Investment Infusion

LenderClose, a real estate and home equity lending technology platform, has received a Series B funding round of $10 million in new capital. The investment comes from Next Level Ventures (VC Firm), Ardent Credit Union (Pa.), Strata Credit Union (Calif.), Tucson Federal Credit Union (Ariz.), Collins Community Credit Union (Iowa), Financial Plus Credit Union (Iowa), Serve Credit Union (Iowa) and Ascentra Credit Union (Iowa).

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