wemlo® Achieves an Impressive Milestone of 8,000 Loans Processed
In a remarkable display of growth and efficiency,
wemlo®, a leading mortgage loan processing company based in Boca Raton, Florida, has successfully processed its 8,000th loan, reaching the significant milestone of delivering loans to Clear to Close (CTC) status. Since its acquisition in 2020, wemlo has become a reliable partner for numerous mortgage brokers across the nation, demonstrating a commitment to innovation and excellence in the mortgage processing sector.
With the ever-evolving landscape of mortgage processing, wemlo remains focused on providing streamlined services that benefit both brokers and borrowers. The company has built a reputation for its efficiency and responsiveness, with their processing team achieving an impressive average of just
21 days from loan submission to CTC, significantly outpacing the industry average of
44 days according to ICE Mortgage Technology's March 2024 Mortgage Monitor Report.
Zabrina Suero, the Director of Operations at wemlo, expressed pride in this accomplishment, stating, "Reaching the
8,000th CTC milestone is not just a number for us; it reflects the dedication and hard work of our team every single day. We are committed to providing our clients with exceptional services and outcomes."
The success of wemlo is attributed to its customer-centric approach, which emphasizes fast and effective results. The company has witnessed a
17% increase in revenue in 2024 compared to the previous year as more and more brokers leverage the benefits of its third-party processing model.
Customization and Adaptability in Loan Processing
One of the key strategies that wemlo employs involves continuously expanding its offerings. The company has adeptly added various wholesale lenders and an extensive list of loan products to its portfolio, ensuring that its processing team is well-equipped to handle diverse borrowing needs. This flexibility has allowed wemlo to cater to a wide range of loan products, including Conventional, FHA, Jumbo, VA, USDA, Second Mortgages, and specialized loans such as Down Payment Assistance and Construction loans.
Understanding the dynamic nature of the mortgage market, wemlo has proactively adapted its services to meet emerging demands. For instance, in response to a marked increase in submissions related to
DSCR loans, the company expanded its processing capabilities to address this demand, reporting a
near 80% year-over-year increase in such loans during the second quarter of 2025.
Strategic Partnerships and Recognition
To further enhance its industry stature, wemlo collaborates closely with key organizations and wholesale lenders. Earlier this year, they were chosen by Orion Lending to be among the first companies integrated into their new Processor Partner program. Additionally, the company has received recognition from the National Association of Mortgage Brokers (NAMB), being named the
2024 Service Partner of the Year for the third consecutive year, and establishing an Industry Partnership that affords its members invaluable access to one of the largest processing networks in the country.
Presently, wemlo is authorized to conduct business in
47 states along with Washington D.C., further illustrating its expansive operational footprint. For detailed information on the states it services and the loan products offered, interested parties can visit
wemlo.io.
Future Prospects
As wemlo looks to the future, the brand's trajectory indicates sustained growth and innovation. With the evolution of the mortgage industry, wemlo aims to stay ahead of trends and customer needs by continually refining its processes and expanding its suite of offerings. Prospective employees looking to explore opportunities within this thriving company can learn more at
wemlo.io/careers.
In closing, wemlo's achievement in processing its
8,000th loan marks a significant milestone and an indicator of its robust capabilities in the mortgage processing landscape. As it continues to pave the way for change and efficiency in the industry, wemlo remains committed to helping brokers and borrowers achieve the best outcomes possible.