GPARENCY adds commercial lender search tool to its platform

GPARENCY has rolled out a new commercial real estate lender listing tool, Match to Lender, enabling borrowers to search lenders by loan and property type.

With Match to Lender, users can access all originators in their state free of charge until the end of June. After June 30, the software will only display GPARENCY lender partners. Borrowers who have GPARENCY membership will continue to have access to the open-source lender listing.

In a Press release, GPARENCY said the software is a “complete departure from an endemic, legacy system where mortgage brokers would keep originator contacts close to the vest, and use that opacity to justify steep, commission-based fees.”