Press Releases

ARIVE Launches Non-Delegated Pilot Program

Posted on May 20, 2021

For Immediate Release

CONTACT: info@arive.com

Rollout of Non-Del features brings additional capabilities to industry-leading mortgage platform

San Ramon, CA, May 20, 2021 – ARIVE announced today that it is launching an initial 90-day Pilot Phase of its Non-Del Program, starting June 15, and enrolling approved Non-Del correspondents as Pilot Phase participants. Non-Del functionality is anticipated to be broadly available following the Pilot Phase.

“This exciting capability is something many in the Non-Del community have been looking forward to,” noted ARIVE CEO, Harish Tejwani, “and we’ve been working hard to take this next step in our platform capabilities.”

Non-Del Pilot Phase

The Non-Del Pilot Phase will initially include the following features:

  • MERS Min Generation to support MERS registrations
  • Non-Del integrated pricing with ARIVE Integrated Lenders
  • Business Rules capability to broker specific loans (e.g., FHA)
  • Updated Fees Worksheet for Non-Del
  • Call Reports support for Non-Del
  • Dynamic Margin/Holdback Management

During the 90-day Pilot Phase, additional capabilities will continue to be developed for launch later this year, including:

  • Lock Desk Automation Workflows
  • Disclosures generation with e-Sign from a Doc Vendor Partner

ARIVE Non-Del Pricing

Non-Del pricing for the Pilot Phase will be $99.95/month for Loan Officers and $49.95/month for Assistants and Processors who are not the primary originator. After the Pilot Phase, an Annual Contract will be required at the same price. ARIVE has no current plans to charge closed loan or application fees.

A one-time setup and implementation fee will be charged to new Non-Del’s starting Q4 2021. However, setup and implementation fees will be waived for Non-Del’s who join the initial Pilot Phase.

How to Join the Pilot Phase?

Participation in the Non-Del Pilot Phase will be by approval only. Please contact support@arive.com to request participation in the Pilot Phase and we will review your specific situation and schedule call. At this time, please note that only full shops will be considered for the Pilot Phase, with all users placed at the Non-Del pricing (i.e., no individual Non-Del originators within a Brokerage).

About ARIVE

ARIVE was established in late 2018 to revolutionize the independent mortgage broker community and provides a full-stack industry leading digital mortgage TPO platform. In late 2020 LendWize (Wizni, Inc.) acquired ARIVE and now ARIVE operates as a wholly-owned subsidiary of LendWize. For more information and sign-up, visit https://support.arive.com

LendWize Acquires ARIVE

Posted on January 9, 2021

FOR IMMEDIATE RELEASE
CONTACT: Eric Anderson, COO, ARIVE, LLC.
EMAIL: info@wizni.com

LendWize Acquires ARIVE – Platform Positioned for Next Stage of Growth
Consolidation of platform technology brings improvements to deliver world class digital mortgage broker experience

San Ramon, CA, Jan 6 — Wizni, Inc. (“LendWize”) announced today that it has completed the acquisition of ARIVE, LLC and successfully transitioned to a fully integrated solution, consolidated under the LendWize technology stack.

Provider of best-in-class loan origination tools since 2017, LendWize took over management of the ARIVE platform in early 2020 and in June launched the fully-transformed ARIVE.Next platform, featuring numerous innovations, more streamlined technology, electronic lender integrations, and an improved mortgage broker experience across the board. Since then, the company has been rolling out continuous improvements and additional features, setting the stage for the next level of growth for the integrated marketplace and the mortgage broker community in 2021 and beyond.

“We’re very pleased with the significant broker adoption and expansion we’ve seen in such a short amount of time,” noted Harish Tejwani, LendWize Founder & CEO. “Built from the ground up, our integrated LOS, PPE and POS platform, coupled with integrated wholesale lenders with native digital connectivity for exchanging pricing and loan transaction data creates a new industry standard for digital origination platforms in the Wholesale channel. Not only do we provide brokers with a modern seamless end-to-end origination experience across lenders, but more importantly help brokers shop the best deal for consumers from the integrated lenders in the ARIVE marketplace,” he explained.

“It’s exciting to see ARIVE.Next come out and be made available to brokers,” said Mat Ishbia, United Wholesale Mortgage President & CEO. “It’s another sign that the technology investment put into the broker channel is here to stay. Creating a level playing field for brokers will continue to give them the advantage in the marketplace and ARIVE.Next is another signal to the markets that the growth in the mortgage space will be in the broker channel.”

Phil Shoemaker, President of Originations at Homepoint, added, “We’ve been very impressed with the many recent improvements to the ARIVE.Next platform and the great energy and enthusiasm brought by the LendWize leadership team.”

Kevin Peranio, Chief Lending Officer at PRMG, observed, “the ARIVE platform has game changing potential to empower Originators in an industry where most of the tech architecture is very dated. Scalability, agility and a personal touch by the LendWize Team makes for a promising future.”

Other ARIVE partner lenders have also been supportive of the new direction. David Schroeder, EVP, Third Party Originations at Caliber Home Loans, Laura Brandao, President of American Financial Resources, John Gibson, SVP, TPO Lending at Flagstar, and Eddy Perez, President and CEO of Equity Prime Mortgage, all expressed excitement about the acquisition by LendWize and the recent improvements in the platform.

“LendWize is committed to supporting the broker community through additional investment in technology and resources,” emphasized LendWize COO Eric Anderson. “By expanding the Wholesale lender network and providing more customer relationship, referral, and workflow tools for brokers, ARIVE.Next is set to dominate this growing channel in 2021 and beyond.”

About ARIVE
ARIVE was established in late 2018 to revolutionize the independent mortgage broker community and provide a full-stack platform and wholesale marketplace for loan origination. ARIVE is supported by multiple top-tier lenders and industry leaders and is a wholly-owned subsidiary of LendWize.

About LendWize
LendWize provides an all-in-one digital origination platform, including a modern LOS, a consumer POS and a world class PPE. LendWize sets a new standard for end-to-end digital originations, including borrower, loan officer and lender experiences, as well as creating lending marketplaces. Since 2017, LendWize has provided creative origination solutions and flexible options to top tier lenders and financial institutions. For more information, visit

For more information on LendWize, visit LendWize or email info@wizni.com.

Top Mortgage Lenders ARIVE in Marketplace

Posted on December 10, 2018

FOR IMMEDIATE RELEASE
CONTACT: Katie Sweeney, ARIVE, LLC.
PHONE: (817) 501-5639
EMAIL: media@ARIVE.com

Top Mortgage Lenders ARIVE in Marketplace
ARIVE Platform to Serve Independent Mortgage Experts

PHILADELPHIA, PENNSYLVANIA, December 10 — ARIVE, LLC. is pleased to announce the initial lender partnerships for their innovative new platform.

AFR Wholesale, Caliber Home Loans, Flagstar Bank, Home Point Financial, Paramount Residential Mortgage Group, Stearns Lending, and United Wholesale Mortgage have all signed contracts to appear in the ARIVE lender marketplace, a first-of-its-kind environment that will allow independent originators to find the perfect loan product for each borrower.

“We’re thrilled to be joined by this exceptional group of businesses for our initial launch,” said CEO Joseph Cicali. “This speaks to the desire of the industry to work with independent mortgage experts. We’re incredibly thankful to the people and companies who are taking an interest in making mortgage work the way it should. Ultimately, we all want to serve the borrower, and ARIVE is designed to help independent originators and lenders do just that.”

Developed to fill the real-world needs of independent originators, ARIVE will offer a complete ecosystem to unite lenders, borrowers, and third-party vendors that puts technology within reach of solo and small brokerages.

“Opening up the platform with so much support makes it apparent there’s a need for an up-to-the-minute tech solution for independent mortgage originators, and we’re excited to be the ones providing it,” said SVP Katie Sweeney. “We’re creating a platform that will assist in the overall growth of the wholesale space.”

Through a partnership with AIME, the Association of Independent Mortgage Experts, ARIVE will provide independent originators with the connections and tools to both compete in a crowded marketplace and serve increasingly tech-savvy borrowers nationwide.

ABOUT ARIVE

ARIVE, LLC., is a private technology company based in Philadelphia, Pennsylvania. Conceived as an engine to drive mortgage technology into the future, ARIVE offers the first of its kind mortgage marketplace designed to allow independent mortgage originators access to lenders, borrowers, and third-party vendors in a seamless ecosystem.

For more information on ARIVE, visit ARIVE.com or email media@ARIVE.com.

ARIVE Announces New Broker Ecosystem

Posted on December 7, 2018

FOR IMMEDIATE RELEASE
CONTACT: Katie Sweeney, ARIVE, LLC.
PHONE: (817) 501-5639
EMAIL: media@ARIVE.com

ARIVE Announces New Broker Ecosystem
A Comprehensive Marketplace for Independent Mortgage Originators

LAS VEGAS, NEVADA, October 27 — ARIVE, LLC. is pleased to announce the upcoming launch of their innovative new ecosystem for independent mortgage originators, allowing them to leverage their personal connections and local knowledge to serve borrowers in a whole new way.

Designed to fill the real-world needs of independent brokers, ARIVE will offer a seamless experience to unite lenders, borrowers, and third-party vendors. Brokers will be able to check pricing, lock rates, upload documentation, and much more — all in a first of its kind environment that unites traditional human connection with cutting-edge technology.

“ARIVE will be the biggest tech disruptor the mortgage industry has seen in years,” said Mat Ishbia, President and CEO of United Wholesale Mortgage. “We know that mortgage brokers have better price and products than many retail lenders and mega banks, and now they’ll have a significant competitive advantage in the technology space, as well. I truly believe this will fuel even more explosive growth in the wholesale channel, as loan officers will make the switch from retail to wholesale at a faster pace than they already are.”

Furthermore, ARIVE was conceived by mortgage experts who know what an independent mortgage broker needs to operate a thriving business. Joseph Cicali, CEO, has been active in the mortgage space since 2001, and was most recently EVP at Garden State Home Loans. His skill set includes everything from daily operations to technology to strategic business analysis. In addition to Joseph Cicali, ARIVE has brought on Katie Sweeney as SVP of B2B Relationships. In her former position as VP of Front-End Solutions she established consumer and marketing analytics, as well as ushering several major mortgage technology projects forward. She will be able to bring that experience and knowledge to ARIVE.

“The ARIVE digital mortgage platform is the biggest breakthrough for independent mortgage advisors ever. We are proud to be among the initial lender partners integrating into the platform but even more excited about how this will empower local mortgage advisors.” — Bill Dallas, President of Finance of America Mortgage, Co-Founder of cloudVirga

Through a unique partnership with the Association of Independent Mortgage Experts, ARIVE will provide independent brokers with the connections and tools to both compete in a crowded marketplace and serve increasingly tech-savvy borrowers nationwide.

“While big retail mortgage lenders and fintech companies are focusing on technology to eliminate the people part of the mortgage transaction, we are going in the opposite direction. Our belief is that people are the best part of the mortgage transaction. Partnering with ARIVE to develop a digital mortgage platform will empower independent loan originators to better serve their customers and communities. Independent loan originators are consumer advocates and vital contributors to their local communities. We do not view our customers as a number or dollar sign, we look at our customers for what they are; members of our community, teachers, firefighters, police officers, neighbors, friends, people that we care for. And we are proud to serve all of them as true advisors.” — Anthony Casa, Chairman of AIME

ABOUT ARIVE

ARIVE, LLC., is a private technology company based in Philadelphia, Pennsylvania. Conceived as an engine to drive mortgage technology into the future, ARIVE offers the first of its kind mortgage marketplace designed to allow independent mortgage originators access to lenders, borrowers, and third-party vendors in a seamless ecosystem.

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For more information on ARIVE, visit ARIVE.com or email media@ARIVE.com.