Lendsnap (YC Summer 2016)

TL;DR: Lendsnap is a Y Combinator Summer 2016 startup The Digital Mortgage Company., currently inactive with an early-stage team.

The Digital Mortgage Company.

YC ID
1303
YC Batch
Summer 2016
Status
Inactive
Industry
Fintech, Banking and Exchange
Tags
Fintech
YC profile
https://www.ycombinator.com/companies/lendsnap

Last verified:

The Digital Mortgage Company Lenders will write $1.5T of home mortgages in 2017, and will have to evaluate every single borrower's ability to repay. This is expected to cost the industry $15B in human labor. We talked to these humans, and learned that they spend 1/3 of their time just asking other humans for documents and data that are almost universally available online. While the market is slowly moving to transactional data, Lendsnap is the only company helping lenders get ahead of the competition by delivering original electronic documents and data sets. That means portfolios of our lender customers stay completely liquid in the secondary market. No one else can offer that today. Lendsnap instantly gathers the original borrower documents and data for lenders by linking to consumer fin…

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Frequently asked questions

Is Lendsnap a YC (Y Combinator) company?

Yes. Lendsnap was funded by Y Combinator in the Summer 2016 batch. The Digital Mortgage Company.

What does Lendsnap do?

The Digital Mortgage Company Lenders will write $1.5T of home mortgages in 2017, and will have to evaluate every single borrower's ability to repay. This is expected to cost the industry $15B in human labor. We talked to these humans, and learned that they spend 1/3 of their time just asking other humans for documents…

What YC batch was Lendsnap in?

Lendsnap was part of Y Combinator's Summer 2016 batch.

Is Lendsnap still active?

Lendsnap is currently listed as Inactive in Y Combinator's directory.

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