Announcing the Approved Wholesale Lender Platform

Lead-to-loan submission with LendingQB

Andy Taylor
Approved
2 min readApr 11, 2018

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Like peanut butter and jelly, the best partnerships are formed when one great standalone product is paired with another to create a new solution that is better than the sum of its parts.

Today we’re pleased to announce a partnership with LendingQB that broadens the reach of our award-winning digital mortgage platform and brings some love to lenders and their partner brokers.

A match made in heaven

A job’s never done.

Approved works tirelessly alongside local independent lenders and brokers to build the most delightful mortgage experience that streamlines the loan application, automates original document collection, and tracks milestones online.

LendingQB’s unique approach to system building is to layer its core platform with best in class software like Approved. This improves borrower lead-to-loan submission rates, and makes it drop-dead-simple to submit high-quality loan packages to lenders directly through the same point of sale they’re using to manage their borrowers and process loan packages.

Why all the love?

Lenders love Approved because they get white-labeled modern software without having to spend millions of dollars to compete with Rocket Mortgage or UWM. Brokers love Approved because borrowers can submit loan applications and collect docs in just a few clicks. In a world where over 70% of homebuyers are searching online, and expect that getting a home loan is as easy as using Instagram — a great digital strategy is key.

What do we want? Digital Mortgages! When do we want it? Yesterday!

The Approved Wholesale Lender Platform:

  • Improves efficiency by giving borrowers a streamlined portal and reduces the time to submission for brokers.
  • Improves the quality of broker loan packages by using Approved mortgage automation to ensure compliance.
  • Increases the number partner brokers and loan officers that want to send loans on a monthly basis.
  • Syncs loan packages using LendingQB, Encompass, and our own loan submission API.

Read more about our partnership with LQB here.

Since we don’t believe in vaporware, we’re live now with select lenders around the country, and would love to hear from you if you’re a lender or broker interested in becoming a partner yourself.

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Andy Taylor
Approved

Cur: Entrepreneur; Prev: VP & GM @CreditKarma , Founder/CEO @Approved (acquired), @SocialCapital , @Redfin , Apple, EA.