Lender Marketplace

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Add-on

The Marketplace is an add-on. Without it, the Marketplace pages show a short description instead. Ask your account manager or [email protected].

The Marketplace matches a deal against lenders' loan programs, ranks them by fit, and lets you send the best matches a financing request. Lenders reply with an offer that lands on the loan file. Many companies use both sides: brokers shop deals, and lenders list programs.

This page covers setup. For searching and sending requests, see Using the Marketplace.

Before anyone can use it

• Per person: turn on Enable Marketplace Tab? (off by default) on each back-office user's, broker's, loan officer's or branch's profile.
• Offers: to see offers, brokers, loan officers and branches need Allowed to Submit Offers?; back-office users need Allowed to see offers tab? (on by default).
• Borrowers never see the Marketplace.

List your loan programs (lenders)

A program is searchable only through a Custom Loan Guideline with the Marketplace turned on:

1. Platform Settings → Custom Loan Guidelines → + Add New (or edit an existing one).
2. Set Enable Marketplace Loan? to Yes.
3. Pick the Loan Program and a Marketplace Loan Category. Without a category, the program is never found.
4. Enter your real guidelines: amounts, rates, points, FICO, LTVs, property types, states, occupancy, terms and experience.
5. Under Notification, choose who receives financing requests, then Save.

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Your guidelines are your listing

A state, property type or transaction type you leave out means those deals never find you. Update the guideline whenever pricing or limits change; searches use it immediately.

A private marketplace of your own lenders

Load the lenders and investors you already use, and every file is checked against all of them at once:

1. Add each provider as a contact with Contact Type Lender or Investor.
2. Create an internal loan program for each of their products (see Internal Loan Programs).
3. Describe each one in a guideline as above, answering Yes to Private Marketplace Only? if asked.
4. Select the provider's contact under Notification.
5. Test from a loan file with Loan Program Type: All, then switch the tab on for your team.

Internal programs are never shown to other companies or on borrower applications.

Who sees your programs

Your team always sees your own programs. Another company's program appears in your results only when your account can access public programs, their account has public listings on, and the program is neither marked Private Marketplace Only nor an internal program. Your account manager can change either account setting.

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Take a tour

Start a live tour of the Marketplace.

Full detail: in LendingWise, open Marketplace → User Guide.