PeerStreet, an award-winning platform for investing in real estate backed loans, today announced a powerful new integration with Liquid Logics, a market-leading loan origination software (LOS) platform. This integration is another milestone in PeerStreets mission to build a stronger, more modern, and more transparent marketplace for both private lenders and accredited investors.
Now, approved lenders can submit loan information and documents directly to PeerStreet for evaluation and potential sale with a single click. This streamlines the loan submission process, reducing the risk of human error and enabling lenders to focus on making more loans and maintaining client relationships.
By creating this seamless integration, the loan submission process is easier. And when that process is easier, there are more opportunities for lenders to sell their loans to a diverse pool of investors, said Brew Johnson, co-founder and CEO of PeerStreet. That stands to benefit our entire marketplace: more loans from our lender network means more opportunities for PeerStreet investors to better diversify their investment portfolios. That demand for diversification then increases the overall demand for investments in loans, which further fuels lenders who in turn work with more high-quality borrowers. It is a virtuous cycle that benefits all participants.
Liquid Logics is an ideal partner for such an integration, with their best-in-class technology and renowned LOS platform.
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Were very excited about this partnership, as it solidifies next-generation technologies in the FinTech space by merging loan origination directly into PeerStreets investor marketplace, said Sam Kaddah, founder and CEO of Liquid Logics. With this partnership, Liquid Logics helps lenders achieve faster and more efficient lending cycles by connecting them to additional sources of capital from PeerStreet allowing them to do more business and to do it better.
This system integration is the first of more potential LOS integrations to come for PeerStreet this year, as the company looks to build on its momentum. In 2018 alone, PeerStreet surpassed $1 billion invested on their platform.
PeerStreet is an award-winning investment platform that democratizes access to real estate debt investments. The companys unique technology-driven marketplace enables accredited investors to diversify their capital in a fixed-income asset class that had previously been difficult for individuals to access.
Residential and commercial property loans are sourced from vetted private lenders throughout the United States who have regional real estate expertise and long-term borrower relationships. PeerStreet enables these lenders to expand their lending capital, empowering them to make more loans, which flows through to borrowers who in turn improve their local communities, one house at a time. Backed by noted venture capital firms including Andreessen Horowitz, PeerStreet was founded in 2013 and has had over $1.7 billion invested in loans to date.
ABOUT LIQUID LOGICS
Liquid Logics is a FinTech company that provides next-generation, cloud-based, lending-centric CRM, Loan Origination Software (LOS), doc engine, loan servicing, draw and construction management, asset & REO management, investor management, and fund pool management primarily for private/hard money lenders.
The system was built around the borrower experience with an emphasis on simplicity and speed for the Loan Officer. Liquid Logics is passionate about helping private lenders improve their businesses by streamlining the loan process. Liquid Logics strives to make its software the best in the market for all users, including borrowers, outside investors and lender employees.
Although loan origination software is its bread and butter, it only describes something Liquid Logics does “ not who Liquid Logics is. At its core, Liquid Logics is a business solutions company dedicated to facilitating growth, minimizing workloads, and making private lenders the best they can be. For more information please contact the marketing desk at [email protected] or sales at [email protected].