Loan origination system LendingPad has teamed up with My Mortgage Trainer, a mortgage training and education platform, to offer LendingPad LOS clients a discount on mortgage license education and compliance training.
Lenders using LendingPad’s LOS platform will be able to access the NMLS-approved education required to get or renew a mortgage license.
LendingPad said it would also integrate license and education compliance tracking information into its platform through the partnership. This would streamline compliance tracking for lenders and brokers, according to the company.
"LendingPad is working to level the playing field for small to medium-sized brokers and lenders," said Wes Yuan, managing director at LendingPad. "The integration with My Mortgage Trainer is one of the ways we will continue to provide brokers and lenders with the best tools in the marketplace which they can leverage quickly, easily, and cost-effectively for their compliance needs."