LoanCrate
We seek to increase efficiency in the home lending system. We aim to make the complicated simple, decreasing the time and financial cost to get a loan by focusing on making lenders more efficient.
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We started LoanCrate to make home-buying simpler and less expensive for lenders and borrowers (us!). Today, mortgage lenders are stuck running their companies on software products built 20 years ago. These products are slow and unstable, and end up costing lenders millions of dollars in other otherwise preventable mistakes every year. LoanCrate solves those problems and more, helping lenders improve the home-buying experience for people all over the country.
Since starting in January 2021, our remote team has raised $9m, grown to 13 people, and launched our first product. And since adopting LoanCrate in June '21, our customers have used LoanCrate to power >$42b in new home loans. As a company, we're on track to be cash-flow positive in 2023.
Our team is a group of people excited to tackle the complexity of the home-lending industry. We care about collaboration, very open communication covering the good & the bad so that we learn from our decisions quickly, and ultimately having fun while we're building. You'll fit in well if you like diving deep quickly!