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Financial Services, Software-Enabled Services
B2B Prior Investment
LoanCity.com is a provider of online residential mortgage fulfillment services. Residential mortgage brokers useLoanCity.com to source and execute a wide selection of mortgage loans, with no incremental cost to the broker or the borrower. Large lending institutions use LoanCity.com to place their products, thereby providing the mortgage brokers with access to the products of those institutions. The Company acts as a mortgage marketplace by sourcing the mortgage loan from the broker and delivering the closed loan to the specific lending institution that offered the mortgage product chosen by the broker as best suited to the particular borrower.