GPARENCY EMBARKS ON A NEW FRONTIER IN THE FIELD OF COMMERCIAL REAL ESTATE (CRE) WITH A NASCENTE “MATCH TO LENDER” SOFTWARE SOLUTION
The digital solution can be accessed here: https://gparency.com/match-to-lender/.
From today until June 30, 2022, all borrowers will be able to use the algorithm to access all originators in their state, putting the power back in their hands. On June 30th, and beyond, only GPARENCY partner lenders will be displayed. For borrowers who are members of GPARENCY, the open source approach to listing lenders will remain.
“We knew when we launched GPARENCY it would disrupt the CRE industry, in the best possible way. We created a democratized approach to pricing based on fixed fees, instead of inflated and opaque pricing in using a mortgage broker,” said Ben Schweitzer, Founder and Chief Product Officer at GPARENCY. “With a hawkish Fed, market volatility and rising interest rates, a sea change is occurring. We invite lenders to take this opportunity to access our platform and see how many more transactions they can create with GPARENCY. We are the future of how CRE agreements will be made in the future.”
He added: “Lenders and borrowers are noticing a shift in consumer sentiment. People are looking for a subscription-based experience, as evidenced by industries like personal finance, medical, retail, media and more. We are excited to see the wave of migration to the GPARENCY community continue, as our ecosystem continues to grow and benefit from this change in people’s behavior. »
Prior to joining GPARENCY, Mr. Schweitzer worked at Freddie Mac, building a career exploring the future of real estate and how technology can transform the CRE space in profound and impactful ways.
GPARENCY offers borrowers the possibility of entering into their own mortgage agreement, for a maximum of $16,000, regardless of the size of the transaction. Lending partners gain full access to qualified deal flow for only $5,000 a year.
GPARENCE is a leading membership-based commercial mortgage brokerage company focused on providing equitable access to borrowers. We simplify the mortgage process and match qualified borrowers directly with lenders so they can close more and better deals.
We specialize in win-win deals for borrowers and lenders. Our members close their mortgages for no more than $16,000 and our lending partners benefit from direct and unlimited access to a qualified transaction flow for only $5,000 a year.
CONTACT: Brian Bork