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.
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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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Yes. Lendsnap was funded by Y Combinator in the Summer 2016 batch. The Digital Mortgage Company.
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…
Lendsnap was part of Y Combinator's Summer 2016 batch.
Lendsnap is currently listed as Inactive in Y Combinator's directory.
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