for Commercial Mortgage Lenders
People will always be the heart of the commercial loan market. Technologies like the internet can never replace the role of a commercial lender's loan officers in the personal and qualitative process of commercial mortgage loan origination. 
What these technologies can do is make this process quicker, more efficient, and cheaper for those individuals.
The heart of Lendicom is its commercial loan submission engine, which helps borrowers and brokers create a comprehensive profile of the loans they need to place, match that profile with specific loan programs lenders have entered into the system, and allows submission of that profile to the matching programs.
For a sample list of lenders already participating in our network, see our Participating Lenders page.
Users who work for a commercial mortgage lender are registered as either a Lender Administrator or a Loan Officer for that lender. Lender Administrators are able to add any number of commercial loan programs through a series of questionnaires that gather a comprehensive profile of lender's products. Administrators can also add new Loan Officers, modify the details of existing officers, and specify which Loan Officers should receive proposals for which loan programs.
Loan Officers may review and modify their personal contact information and review details of loans submitted to those loan programs for which they are designated as recipients.
The process looks like this:
- You go to the Get Started page to create an account. There is no fee for signing up, and it's a quick and easy process. Here you will be asked for your contact information, and information about your company.
- If your lender is not already using Lendicom, you will enter your lender information to create a new account. Before the account is activated, we will contact you to ensure that you are authorized to receive loan requests for your indicated lender.
- If your lender is already in the database, an existing Lender Administrator must add you to the lender's account. An email will be sent to the lender administrator(s) for your lender requesting that you be added as a loan officer. Once you have been authorized by an administrator, you will receive a notification email, and may go to your user home page.
- Your user home page is your control center for everything you do at Lendicom. From here you can view full profiles of loans that have been submitted to you, and add, modify and delete the loan programs your lender is offering.
- When a broker or borrower submits a proposal to you for a commercial loan that matches the guidelines of one of your lender's programs, a notification is sent to all lender representatives designated as recipients for that loan program. From your home page, Lender Administrators and Loan Officers can view summaries and details of all loans submitted to them, add notes to submitted loan proposals, send messages to the submitting broker or borrower and to other administrators working on the loan, and more.
You pay nothing for setting up your account or receiving proposals, and there are no subscription fees. We only get paid for results you produce using our tools: Lendicom charges a fee of 25 basis points (0.25%) on loans borrowers and brokers place using its tools.