Skip to main content

Digital Mortgage Marketplace Simplist Goes Live

Phil Hall
Sep 13, 2019
Photo credit: Getty Images/NicoElNino

Simplist, a startup fintech aimed at prospective homebuyers with complex financial profiles, launched this week in the Colorado, Connecticut, Florida, New Jersey and Pennsylvania markets.
 
According to the company, its digital platform is open to borrowers who are either self-employed or not part of the traditional workforce. Simplist uses proprietary technology to quickly verify most applicants’ financial information, and qualified borrowers can be matched with competitive rates from a list of 25 national lenders and regional and local banks. Simplist also offers access to refinancing options for existing homeowners.
 
“Emerging demographic trends and technological advances are changing the face of the job market, and the way that consumers interact with businesses,” said Anthony Sherman, CEO at Simplist. “However, the mortgage industry has proven slow to respond to the needs of today’s customers or build adequate models to evaluate their creditworthiness. At Simplist, we believe in facilitating access to quality financing options that are as innovative as our customers.”

 
More from
Tech
Fraud Detection Transitions To Digital Lending

Mortgage lenders faced $20 billion in mortgage lending fraud exposure last year, according to research from Point Predictive.

Tech
Jun 16, 2021
Radian Expands Integration With Mortgage Cadence

Radian Group Inc. expanded its integration with Mortgage Cadence to include Radian's title and settlement services with the Mortgage Cadence Platform.

Tech
Jun 16, 2021
Zillow Launches Zestimate With Neural Enhancements

Zillow launched major updates to its Zestimate home valuation model, including an updated algorithm.

Tech
Jun 15, 2021
MISMO Releases eMortgage Technology Certification Program

MISMO announced the release of an eMortgage Technology Certification program to assist lenders in finding products that comply with industry standards.

Tech
Jun 15, 2021
Maxwell Introduces MaxDiligence, Due Diligence And QC Service For Lenders

Digital mortgage platform Maxwell, released its latest tech-powered innovation, MaxDiligence to provide due diligence and quality control services for lenders.

Tech
Jun 15, 2021
The New URLA – What’s the Big Deal?

Lenders will need to update their technology stack to comply with the redesigned URLA.

Regulation and Compliance
Jun 14, 2021