Orion Lending launches new tech to help brokers quickly lock in loans

It improves its STAR Broker Portal with new feature

Orion Lending launches new tech to help brokers quickly lock in loans

Wholesale mortgage lender Orion Lending has added a new feature to its proprietary STAR Broker Portal, streamlining the process of locking in loans.

The new QuickLock feature allows brokers to quickly lock in loans without needing to upload a 3.2 or 3.4 file. According to Tracey Corbett, Orion’s executive vice president of strategy, it reduces the time it takes to lock in a loan to “just a few seconds,” enabling brokers to immediately react to fast-changing market conditions.

“Becoming the lender of choice for our broker partners is what drives us to continually look for ways to add value and efficiency for our customers,” said Corbett. “Our QuickLock technology is a prime example of this.”

Orion has introduced several new features to the STAR Portal this year as part of its continued efforts to introduce innovative technology in mortgage banking. On top of these features, brokers on the STAR Portal also receive additional assistance from account managers, underwriters, and a dedicated support team, said a statement from the company.

Headquartered in California, Orion has also recently undergone nationwide expansion. The company is now licensed in 50 states, with team members in 40 states and fulfillment centers on both the East and West Coast.