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SOA Labs Partners With LendingPad, An Innovative Loan Origination System

homeIQ continues its growth into the real estate and mortgage markets


News provided by

SOA Labs

Jan 05, 2021, 08:00 ET

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SAN FRANCISCO, Jan. 5, 2021 /PRNewswire-PRWeb/ -- SOA Labs, a San Francisco-based real estate startup company that allows loan officers and real estate agents to stay connected with their clients through personalized homeIQ reports, has partnered with LendingPad, a leading cloud-based loan origination system (LOS). The partnership allows the companies to deliver loan officers an even more powerful suite of automated lead generation tools.

SOA Labs launched homeIQ in January 2020, and it has already brought in thousands of registered users. Additionally, the National Association of Mortgage Brokers (NAMB) has endorsed the company. The partnership with LendingPad, a company that is the winner of 2019 HousingWire's Tech100 award and also endorsed by NAMB, strengthens homeIQ's market reach and growth path.

“Integrating with homeIQ’s innovative lead management solutions enhances the originator’s sourcing and retention strategies for all of our mutual clients.” - Wes Yuan, LendingPad’s managing director

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HomeIQ delivers homeowners and homebuyers personalized financial information while facilitating engagement with their loan officer and real estate agent. HomeIQ positions the lender and real estate agent as trusted advisors – staying top of mind with their clients through personalized, branded homeIQ reports. These reports help ensure clients return to the loan officer and real estate agent for their next real estate transaction by providing them valuable, monthly data about their house. Additionally, homeIQ strengthens real estate agent and loan officer relationships and expands their network by partnering with industry-leading client nurturing and lead generation solutions so they land more business. Providing clients with real-time equity, loan repayment and refinance opportunities positions loan officers and real estate agents as the client's financial experts and makes them think twice before using someone else for their next real estate purchase.

"Approximately 67 percent of homeowners don't return to their lender or real estate agent for their next transaction because there is a lack of genuine effort to stay in touch," said Alex Tkachuk, SOA Labs CEO. "HomeIQ allows loan officers the ability to stay in touch through a real-time, valuable tool. With our partnership with LendingPad, whose innovative loan origination systems aligns perfectly with our product, we are able to deliver this technology to their users."

"Focusing on originators has always been one of our top priorities," said Wes Yuan, LendingPad's managing director. "Integrating with homeIQ's innovative lead management solutions enhances the originator's sourcing and retention strategies for all of our mutual clients."

For more information about homeIQ, visit https://homeiqreport.com.

About SOA Labs

Based in San Francisco, Calif., with offices in Sacramento, SOA Labs is a real estate technology company with a focus on nurturing past clients for real estate agents and loan officers. Its product, homeIQ, allows real estate agents and loan officers to stay connected with their clients with co-branding and provides tools to generate new leads. It does this by empowering homeowners and homebuyers to build real estate wealth by sending customized, regular reports that provide valuable home insights. This keeps the real estate agent and loan officer top of mind should the homeowner or homebuyer decide to sell or purchase real estate in the future.. For more information, visit https://homeiqreport.com.

About LendingPad

LendingPad Corp provides a complete suite of loan origination solutions for banks, brokers and institutions. LendingPad is designed to streamline lending operations, strengthen communication, and reduce costs in mortgage lending. The cloud-based solutions include end-to-end features such as MLO app, document management, origination and fulfillment functionalities. LendingPad is a winner of the 2019 HousingWire's Tech100 award and one of the Top 10 Mortgage Solution Providers by Banking CIO magazine. LendingPad is endorsed by the National Association of Mortgage Brokers (NAMB), a Platinum sponsor for the Association of Independent Mortgage Experts (AIME), a proud member of the Mortgage Bankers Association and MISMO organization. For more information, visit lendingpad.com.

Media Contact

Alex Tkachuk, SOA Labs, +1 916-812-8616, [email protected]

SOURCE SOA Labs

Related Links

https://homeiqreport.com

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