LADERA RANCH, CA--(Marketwire - Feb 25, 2013) -
- Money360 adds several conventional lenders offering the nation's lowest mortgage rates to its platform.
- Money360 experienced a 250%+ increase in January 2013 "Loan Matches" (matching borrowers with lenders) compared to the 2012 monthly average.
- Borrowers can find the lowest rates and get matched to multiple low-rate lenders through Money360's proprietary LoanMatch technology.
Money360, Inc. (money360.com) announced today adding several of the nation's lowest-rate mortgage lenders to its national platform, which already includes hundreds of mortgage lenders across the country.
Money360 is not a bank, but a lending marketplace, streamlining traditional lending models by allowing borrowers to compare mortgage lenders and get matched directly with lenders offering customized loan offers and the lowest mortgage rates.
"We are focusing on helping borrowers get matched with multiple low-rate lenders, offering them the lowest rates, and best matches," said Evan Gentry, Money360 CEO. "Our addition of several conventional lenders supports our efforts and the increased loan matches we've had in 2013."
At a rapidly increasing rate, more borrowers are turning to Money360 to find the lowest mortgage rates and best loans available. Borrower and Lender loan matches are up more than 250% in January 2013 compared to the 2012 monthly average.
Money360's proprietary LoanMatch technology matches borrowers with lenders that meet their specific loan requests. Borrowers can compare lenders and chose to move forward with the best offers from lenders able to offer their specific loan type at the best available rates.
Money360's marketplace meets the needs of borrowers from those seeking the lowest rate conventional loans to those seeking private money "peer-to-peer" loans. Currently, the marketplace is ideal for borrowers seeking purchase or refinance loans for residential or commercial real estate properties.
"As an innovative leader in the real estate lending market, Money360 is finding new and better ways for borrowers to find and compare the best loan offers," said Gentry. "Our free service to borrowers allows them to use the latest technology to compare lenders and customized loan offers."
About Money360, Inc.
Money360 (www.money360.com) is a national real estate lending marketplace, matching mortgage borrowers with hundreds of registered lenders. Residential and commercial mortgage borrowers are empowered to compare lenders, and to find the lowest rates and best loan offers. Money360's proprietary LoanMatch technology directly matches borrowers with the best lenders, which range from the lowest rate conventional lenders to private money lenders. Launched in 2010 as the first peer-to-peer (P2P) real estate loan marketplace, Money360 is an innovator and market leader helping mortgage borrowers find the best possible loans. Money360 is leading a revolution to replace traditional banking/lending models of the past with a more efficient and less costly model that directly matches Borrowers with Lenders. Come Join the Lending Revolution.