Neat Capital, a U.S.-based fintech and digital mortgage lender, announced on Friday it surpassed $2 billion of annualized application volume. Founded in 2015, Neat Capital states it is streamlining home lending with an online application and real-time loan approval.
“Today, Neat Capital has redesigned the entire process so that even the most complex loans can close 3x faster than the industry average.”
Speaking about the latest milestone, Luke Johnson, Neat’s Founder and CEO, stated:
“Breaking both the $1 billion and $2 billion marks are wild milestones to cross in a single year. I’m thrilled that the team is realizing our vision to change the way people buy and sell homes in the United States. Neat is the only lender with game-changing technology to produce a loan in one session.”
Tom Furey, Neat’s Co-Founder and SVP, then added:
“Because we designed our intelligent software to handle the most complex financial situations, I’m able to leverage tech to build far higher levels of confidence and trust with clients and referral partners. My clients know immediately where they stand as our technology communicates the level of income and cash required at closing while they are completing their application.”
Neat Capital is a licensed mortgage lender headquartered in Boulder, CO with offices in Westport, CT and San Jose, CA. Neat Capital is currently lending in CA, CO, CT, DC, NM, TX, and WA.