wemlo® Celebrates Year of Growth with New Industry Partnerships

A Year of Growth for wemlo®

Introduction
In a remarkable showcase of progress and partnerships, loan processing powerhouse wemlo® continues to thrive in the mortgage industry. In 2024, the company not only welcomed a significant number of new brokerages but also achieved a notable increase in revenue and operational efficiency that underscores its commitment to provide exceptional service and flexibility.

Significant Growth and Achievements

Reflecting on the last year, wemlo reported the addition of 87 new mortgage brokerages to its ranks. This move contributed to a year-over-year increase of 5% in Clear to Closes (CTCs), culminating in a near 17% revenue growth compared to the prior year. Furthermore, the company reached a significant milestone by processing its 6,000th loan to CTC status last summer, a testament to its growing influence in the market.

Wemlo significantly outperformed the industry average, completing the loan processing from submission to CTC in an impressive average of just 22 business days, whereas the standard industry timeframe lies at approximately 44 days according to ICE Mortgage Technology's 2024 Mortgage Monitor Report.

Industry Recognition and New Partnerships

Wemlo’s dedication to excellence has not gone unnoticed. The company was honored with the title of Service Partner of the Year for mortgage loan processing by the National Association of Mortgage Brokers (NAMB) for three consecutive years. In addition, it has recently been appointed as NAMB's latest Industry Partner, affording its membership base greater access to one of the country's largest processing networks. This newly formed relationship is designed to bolster productivity and facilitate business growth amongst brokers nationwide.

To bolster its services further, wemlo added five new supported lenders, including Windsor Mortgage and Union Home Mortgage, among others, in 2024. Kickstarting 2025, the company was also selected by Orion Lending for an exclusive Processor Partner program, aimed at enhancing support for their customers during loan processing activities.

Recognition as a Leading Workplace

In addition to its operational achievements, wemlo's corporate headquarters in Boca Raton, Florida, has earned a spot on Scotsman Guide's 2025 Top Workplaces list for the second consecutive year. This recognition aligns with previous accolades, including the gold ranking in the 2023 Most Loved Mortgage Employer Awards by National Mortgage Professional.

Zabrina Suero, the director of operations at wemlo, attributes the company's success to its talented team and collaborative workplace culture. She has expressed pride in the company’s recognition as a top employer within the mortgage industry, citing the commitment of the processing team to deliver stellar service every day.

Conclusion

As a frontrunner in modern mortgage processing, wemlo is authorized to operate in 47 states and Washington, D.C. The company's focus on innovation, coupled with its strategic partnerships and commitment to excellence, sets the groundwork for further growth in the years ahead. For more information on career opportunities or services, visit wemlo.io.

NMLS #1853218, wemlo is revolutionizing the mortgage broker channel with its technology-driven approach to loan processing, offering seamless integration and unparalleled service to its clients. Stay in tune with the market trends and shifts as wemlo continues to navigate the future of mortgage processing with strength and agility.