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Stage

Acquired | Acquired

About ReadyPrice

ReadyPrice is a platform that gives mortgage brokers the ability to price, underwrite, and transfer loans with every lender. On January 12th, 2021, ReadyPrice was acquired by SitusAMC. The terms of the transaction were not disclosed.

Headquarters Location

5671 Santa Teresa Blvd Suite #101

San Jose, California, 95123,

United States

(408) 357-0931

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Expert Collections containing ReadyPrice

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ReadyPrice is included in 3 Expert Collections, including Mortgage Tech.

M

Mortgage Tech

218 items

Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.

D

Digital Lending

2,187 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

R

Real Estate Tech

2,789 items

Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.

Latest ReadyPrice News

ReadyPrice Launches Mortgage Industry's Most Powerful Independent Universal Delivery Portal

Aug 3, 2023

News provided by Share this article Share this article Brokers can now shop, lock, and deliver on one platform that seamlessly connects brokers, lenders and originators SAN JOSE, Calif., Aug. 3, 2023 /PRNewswire/ -- Mortgage technology company ReadyPrice today announced the launch of the industry's most powerful independent universal delivery portal. For the first time, independent mortgage brokers can now source competitive loans from multiple lenders, lock them in, and deliver them to borrowers—all on a single platform. It's an innovative new industry utility that's helping brokers around the country thrive and compete in even the toughest market environments. For years, hundreds of independent mortgage brokers have been logging in to ReadyPrice's product pricing engine (PPE) every day to shop for loans from a variety of lenders. Now, thanks to ReadyPrice's ground-breaking data exchange platform, DataX, brokers can find the best loans for their borrowers' specific needs, lock them in with the lender, and deliver the final loan in record time. This new industry utility makes it even easier for mortgage loan originators, brokers and lenders to work together. "Independent mortgage brokers are the core of our industry, and they're needed now more than ever. They help thousands of borrowers navigate an increasingly complex economic environment," said ReadyPrice Founder and CEO, Rick Soukoulis. "Our universal delivery portal gives brokers what they need most—more time to focus on their borrowers, and more confidence that they're delivering the best deals possible." ReadyPrice's universal delivery portal runs on their proprietary data exchange platform, DataX, which is directly connected to industry's largest Loan Origination System (LOS). That allows ReadyPrice to deliver loans for approval via automated underwriting. After that, loans are transferred directly into the lender's pipeline, where the originator can complete the transaction. A growing number of lenders are participating in the platform to achieve the marketing and productivity benefits ReadyPrice affords. Not only does ReadyPrice give lenders a scalable, cost-effective marketing channel to brokers, lenders can also connect directly with brokers through a social platform to answer questions and finalize loans and help brokers manage the ins and outs of closing. This allows lenders to establish long-term relationships with brokers, based on the needs of the end borrower. "Our technology makes it even easier for mortgage loan originators, brokers and lenders to work together," continued Soukoulis. "With ReadyPrice, independent brokers get to keep their independence with the ability to shop, lock and deliver in one place. Lenders get access to a growing community of brokers. And borrowers get the best possible service and the best possible mortgages. This new industry utility delivers a win-win for everyone." About ReadyPrice ReadyPrice is a mortgage technology company that delivers the industry's most powerful universal delivery portal. With ReadyPrice, independent mortgage brokers can shop, lock, and deliver loans for their customers, all in one place. ReadyPrice's mission is to ensure the success of independent mortgage brokers and the lenders who serve them, and the company is staffed by mortgage industry veterans and technology specialists with decades of experience serving the mortgage industry. Learn more at www.ReadyPrice.com . SOURCE ReadyPrice

ReadyPrice Frequently Asked Questions (FAQ)

  • Where is ReadyPrice's headquarters?

    ReadyPrice's headquarters is located at 5671 Santa Teresa Blvd, San Jose.

  • What is ReadyPrice's latest funding round?

    ReadyPrice's latest funding round is Acquired.

  • Who are the investors of ReadyPrice?

    Investors of ReadyPrice include SitusAMC.

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