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PropTech Mortgage Company Fulcrum Lending Announces National Partnership with Northmarq

NEW YORK, Jan. 18, 2022 /PRNewswire/ -- Fulcrum Lending, a New York and Los Angeles based PropTech multifamily mortgage company, announced today an exclusive partnership with Northmarq, a commercial real estate industry leader in financing, loan servicing, and investment sales with $22 billion in 2021 lending.
PropTech Mortgage Company Fulcrum Lending Announces National Partnership with Northmarq
PropTech Mortgage Company Fulcrum Lending Announces National Partnership with NorthmarqFounded in June 2021, Fulcrum Lending's LoanCentera?? platform enables clients to access loan pricing on multifamily properties in real-time, along with critical market insights and other investor tools not available through a traditional lender. The partnership with Northmarq will enable Fulcrum Lending to underwrite loans through its platform directly, completing Fulcrum Lending's offering as a full-service digital lender.Fulcrum Lending was founded by PropTech veterans Maxwell Wu and Kenneth MendonA§a. Wu, who serves as Chief Executive Officer, was previously Chief Underwriter at TapCap, a real estate technology company, which he helped grow from its initial spinout from Greystone to more than $1.3 billion in multifamily loan requests in its first two quarters. MendonA§a, who serves as Chief Technology Officer, was previously the lead engineer at both TapCap and Greystone, where he led all platform development and architecture for their digital lending platforms.
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