PeerStreet integrates with LOS software provider Liquid Logics

PeerStreet has announced its integration with a market-spearheading loan origination software (LOS) provider in its move to build a stronger and more transparent marketplace for private lenders and accredited investors. PeerStreet uses its award-winning platform to aid those looking to invest in real estate backed loans.

With this integration, approved lenders can provide their loan information and documentation directly to PeerStreet instead of having to go through the usual loops to get an evaluation or a potential sale. PeerStreet and Liquid Logics are streamlining the process of submitting loans which, in turn, will reduce the risk of human error, something lenders usually have to worry about. This helps the lenders focus more on making the loans and maintaining their clientele. 

Co-founder and CEO of PeerStreet, Brew Johnson commented; “By creating this seamless integration, the loan submission process is easier. And when that process is easier, there are more opportunities for lenders to sell their loans to a diverse pool of investors.”

“That stands to benefit our entire marketplace: more loans from our lender network means more opportunities for PeerStreet investors to better diversify their investment portfolios. That demand for diversification then increases the overall demand for investments in loans, which further fuels lenders who in turn work with more high-quality borrowers. It is a virtuous cycle that benefits all participants.”

PeerStreet couldn't have chosen a better partner for the job. Liquid Logics boasts best-in-class technology and is considered a renowned LOS platform.

“We’re very excited about this partnership, as it solidifies next-generation technologies in the FinTech space by merging loan origination directly into PeerStreet’s investor marketplace,” said Sam Kaddah, founder and CEO of Liquid Logics. “With this partnership, Liquid Logics helps lenders achieve faster and more efficient lending cycles by connecting them to additional sources of capital from PeerStreet — allowing them to do more business and to do it better.”

PeerStreet and Liquid Logics' integration is just the first of more potential LOS integrations to for the investment platform this year. PeerStreet is looking to continue this momentum left over from last year, surpassing a $1 bullion investment on its platform.

PeerStreet is an investment platform that democratizes access to real estate debt investments. The company’s unique technology-driven marketplace enables accredited investors to diversify their capital in a fixed-income asset class that had previously been difficult for individuals to access.

Residential and commercial property loans are sourced from vetted private lenders throughout the United States who have regional real estate expertise and long-term borrower relationships. PeerStreet enables these lenders to expand their lending capital, empowering them to make more loans, which flows through to borrowers who in turn improve their local communities, one house at a time. Backed by noted venture capital firms including Andreessen Horowitz, PeerStreet was founded in 2013 and has had over $1.7 billion invested in loans to date.

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