Mortgage Industry

Expensive Lending Fees Are Dying: Why Tech Will Always Get You the 'Hook Up'

August 21, 2017 / Posted by Jason

My inspiration for this story came from a recent experience buying a home that was so horrible I felt compelled to write about it. (Lenda is not yet licensed in my home state, so I had to go through an internet lender that I’m sure you’ve heard of, but will remain unnamed.)

Read More...
Refinancing 101, Mortgage Industry

Mortgage Refinance Rates Today

November 15, 2016 / Posted by Preston

If you own a home it's a great idea to stay informed about mortgage refinance rates. It's hard to predict which way the interest rate market will move, so getting a regular upate on home refinancing rates will allow you to take advantage of money saving opportunities as they come up.

Read More...
Mortgage Industry, Credit 101, Personal Finance

The Consumer’s Definitive Guide: What To Know About Negative Interest Rates

March 10, 2016 / Posted by Thierry Godard

Read More...
Mortgage 101, Mortgage Industry, Infographics

Terms to Know When Refinancing your Mortgage

May 07, 2015 / Posted by Kenneth Wong

Getting a loan is enough of a task. Understanding the terms doesn't have to be. However, understanding common terms used in the real estate industry is vital in order to close a deal with the best terms for yourself. Don't make the mistake of confusing an ARM with a Fixed Rate mortgage or a Discount Point with an Origination Point - the financial consquences can be quite large.

Read More...
Mortgage Industry, Company Announcements

Online Home Refinancing Platform Lenda Expands from California and Washington into Oregon

February 25, 2015 / Posted by Chris

‘TurboTax of Mortgage Refinancing’ Closes $30 Million in Loans Since October, Growing 25 Percent Month-Over-Month


SAN FRANCISCO (Feb. 25, 2015) – Lenda, the only web-based platform that allows homeowners to complete a mortgage refinance completely online, announced today its expansion from California and Washington into Oregon. The company, which eliminates the middleman in the mortgage refinancing process -- like TurboTax does with tax filings -- to complete loans faster, without paperwork and for less money, also announced that it closed $30 million in refinancing loans since October.

Read More...
Mortgage Industry, Company Announcements

Lenda Expands Online Mortgage Refinancing Service to State of Washington

January 15, 2015 / Posted by Chris

We're happy to announce that we're now available in the state of Washington. Up until now we were only servicing the state of California. 

The time leading up to now has been spent refining our product and making the mortgage refinancing process easier for our clients. Lenda has come a long way since it's infancy, and truly, we still have a long way to go to achieve our ambitious goals of changing the mortgage industry. But as of now, homeowners in the state of Washington can enjoy the benefits of using Lenda for their next mortgage refinance.

And with mortgage rates at historic lows the timing couldn't get any better for homeowners in Washington! Here's what Lenda can do for you...

Read More...
Mortgage Industry

It's Time To Fire Your Loan Officer

July 15, 2014 / Posted by Chris

Our CEO, Jason Van Den Brand will be speaking at Inman Connect in San Francisco at 10:10 AM tomorrow. He has one mission... to get you to fire your loan officer.

The big banks hire loan officers to be the paper pushing face of their mortgage units. But with the rise of technology the job of loan officer is outdated and no longer required. The big banks are simply too big and slow to change. And honestly, why would they? Up to this point there hasn't been a better alternative to get a home loan.

Read More...