Lenders One

The Lenders One® cooperative was established in 2000 as a national alliance of independent mortgage bankers. Today, we’re one of the largest mortgage co-ops in the country with a diverse mix of 250+ member companies. These businesses cover the entire lending spectrum — from banks, credit unions, independent mortgage banks, and real estate/builder-affiliated firms — and they originate between $50 million to $25 billion per year. Lenders Ones 20+ year mission to help its members maximize revenue, reduce costs, and improve decision making. Lenders One offers its members a variety of direct, capital markets and national programs solutions, to help its members better compete. These Capital Markets and National Programs offerings include over 90 vendors and solutions providers which support all facets of the mortgage business. Lenders One direct solutions include credit, flood, fraud, insurance, verifications, quality control, title and escrow, and valuations. More recently, Lenders One launched and refined some of its direct solutions to enhance the value proposition for its members: L1 Credit is a full credit reporting agency (CRA) that offers members tri-merge credit reports and other Fair Credit Reporting Act (FCRA) related products required to manufacture a loan, including fraud reports, undisclosed debt notifications (UDN), verification of employment/income (VOE/I), verification of assets (VOA), tax return information (4506-T) and Social Security verification (SSV) reports. L1 Credit is constantly evolving and adding new products to its already robust offerings. L1 Flood offers flood zone determinations that can help protect member clients by helping them comply with the National Flood Insurance Program (NFIP). Accepted by all major mortgage investors with exclusive member pricing, L1 Flood Determinations deliver high accuracy and insured protection, offering members greater confidence on the subject property’s flood insurance requirements. L1 Insurance is an innovative homeowners insurance solution that provides borrowers with multiple competitive quotes and helps reduce the friction of closing a loan. Through a collaboration between CastleLine Risk and Insurance Services, a wholly owned subsidiary of Altisource, and Policygenius, an insurance tech company, members can help their borrowers quickly get multiple competitive quotes for homeowners insurance in all 50 states. L1 Insurance integrates seamlessly with major loan origination systems to share borrower and property information with a team of licensed insurance agents, who can quickly prepare an application for insurance.