LoanNEX
LoanNEX operates a SaaS product, pricing, and eligibility (PPE) engine for the U.S. residential mortgage industry, specializing in non-agency and non-QM products. It serves retail lenders, wholesale lenders, brokers, investors, and correspondent channels with embedded ICE Encompass and LendingPad integrations.
- Company typePrivate
- Founded2016
- HeadquartersSaint Louis, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What LoanNEX does
LoanNEX, operating as Mortgage NEKS, LLC, is a SaaS product, pricing, and eligibility (PPE) engine serving the U.S. residential mortgage industry with a particular emphasis on non-agency and non-QM products. Founded in 2016 and headquartered in Clayton, Missouri (St. Louis metro area), the company targets six primary customer segments: retail lenders, wholesale lenders, brokers and originators, investors and aggregators, correspondent channels, and secondary/capital markets teams. The platform is positioned as a consolidation layer for workflows that mortgage organizations historically assemble from multiple disconnected tools — including pricing, eligibility, lock management, exception handling, and loan distribution.
The core technology is a cloud-based, API-first platform that screens 100+ borrower attributes to deliver real-time pricing and eligibility decisions, processes 60,000+ loan scenarios per month, and supports 50+ investor programs across Agency, Non-Agency, Jumbo, Non-QM, DSCR, bank-statement, and second-lien products. Key products include the Broker Marketplace (a self-service B2B marketplace for brokers and originators), a Non-QM Scenario Tester, a Retail Qualifier integrated with ICE Encompass, and a comprehensive Product & Pricing Engine for complex non-QM execution. The platform is embedded directly into ICE Encompass (including TPO Connect) and LendingPad loan origination systems and is also available as a standalone solution. In 2025 the company released Direct Lock capabilities that unify primary and secondary lock workflows in a single platform, an in-system exception module, and a next-generation PPE platform aimed at capital markets teams.
Revenue is generated through three streams: per-seat broker marketplace subscriptions (Individual $40/month, EnterpriseStarter $175/month for 5 seats, EnterprisePremium $450/month for 15 seats, plus EnterpriseUnlimited), enterprise platform licensing for retail lenders, wholesale lenders, investors, and correspondent channels (custom-priced), and LOS integration services. The company reports 65+ investor partners and more than 10,000 mortgage originators on the platform, with named correspondent and wholesale relationships including PennyMac, Newrez, Angel Oak Mortgage, Redwood Trust, Acra Lending, Carrington Mortgage Services, Deephaven Mortgage, and ACC Mortgage. LoanNEX is privately held, was funded by Cultivation Capital in 2019, and is led by co-founders CEO Eloise Schmitz and Principal Ken Niemann.
LoanNEX firmographics
Firmographics- Name
- LoanNEX
- Legal name
- Mortgage NEKS, LLC
- Website
- https://loannex.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LoanNEX operates a SaaS product, pricing, and eligibility (PPE) engine for the U.S. residential mortgage industry, specializing in non-agency and non-QM products. It serves retail lenders, wholesale lenders, brokers, investors, and correspondent channels with embedded ICE Encompass and LendingPad integrations.
- Ownership category
- akta.pro rank
LoanNEX industry classification
Industry- Product category
- Mortgage technology / Loan origination software (PPE platform)
- NAICS
- Activities Related to Credit Intermediation (5223), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Product, Pricing & Eligibility (PPE) / Rate Lock & Pricing Engines (FSALALAC)
Keywords
Where LoanNEX is headquartered
LocationHeadquarters
- HQ city
- Saint Louis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
LoanNEX business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Broker Marketplace Subscriptions: Subscription-based SaaS model for brokers and originators accessing the marketplace platform. Three tiers with per-seat pricing: Individual ($40/month), EnterpriseStarter ($175/month for 5 seats), EnterprisePremium ($450/month for 15 seats), plus EnterpriseUnlimited option.
- Enterprise Platform Licensing: Platform licensing for retail lenders, wholesale lenders, investors, and correspondent channels. Pricing based on organization size and feature requirements. Requires 'Other Agreement' with subscription and/or transactional fees.
- LOS Integration Services: Integration fees for embedding platform within LOS systems like ICE Encompass and LendingPad. Technical implementation and API access fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Individual plan - $40/month for 1 seat |
| Per seat | Monthly | EnterpriseStarter - $175/month for 5 seats |
| Per seat | Monthly | EnterprisePremium - $450/month for 15 seats |
| Per seat | Monthly | EnterpriseUnlimited - Unlimited Seats |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels11 records
LoanNEX product offering
Product offeringCore offering
LoanNEX is a B2B SaaS product, pricing and eligibility (PPE) engine for the U.S. non-agency residential mortgage market. It unifies real-time pricing, eligibility/decisioning, lock management, exception workflows and loan distribution for Agency and Non-Agency (including Non-QM, Jumbo, DSCR, bank-statement, second liens, HELOCs and investment property) products. Customers include retail lenders, wholesale lenders, brokers/originators, investors/aggregators, correspondent channels and secondary/capital-markets teams, accessed either as a standalone platform or embedded within ICE Encompass and LendingPad LOS systems.
Product overview
LoanNEX is a unified mortgage marketplace platform that combines product pricing, eligibility determination, decisioning, lock management, and distribution into one connected environment. The core LoanNEX platform serves as the central operating system, augmented by specialized modules including: the Broker Marketplace for broker/lender transactions; the Scenario Tester for Non-QM loan scenario analysis; Retail Qualifier for retail lender LOS integration; a Product & Pricing Engine (PPE) for complex Non-QM execution; Wholesale Distribution for broker network reach; and Correspondent Distribution for seller support. The platform covers Agency and Non-Agency products (including Non-QM, Jumbo, DSCR, bank statement, second liens, HELOCs, and investment property loans), targeting retail originators, brokers, wholesale lenders, correspondent channels, investors, and secondary marketing teams.
Differentiator
Problem solved
Functional benefit
Brands
- Broker Marketplace: Interactive platform where brokers can shop, engage, and transact mortgage products including Non-QM and Jumbo options.
- Scenario Tester
Products and services
- LoanNEX Core Platform A B2B SaaS mortgage product, pricing and eligibility (PPE) platform that delivers real-time pricing, eligibility logic, decisioning support, lock management, exception workflows and distribution across Agency and Non-Agency residential mortgage products. Built for retail lenders, wholesale lenders, investors/aggregators, correspondent channels, secondary/capital-markets teams and the firm's Broker Marketplace. Available as a standalone cloud platform or embedded inside ICE Encompass and LendingPad LOS systems via API-first integration.
- Broker Marketplace An interactive B2B bi-directional marketplace where mortgage brokers and originators discover, qualify, collaborate with and transact against multiple lenders' Agency and Non-Agency (including Jumbo and Non-QM) products. Includes the LoanNEX Qualifier eligibility/pricing engine, pipeline management, lender collaboration (notifications and PDFs to Account Executives), loan submittal instructions and Exchange Access for lock registration when offered by the lender. Sold on a tiered per-seat subscription basis to individual brokers and broker organizations.
- Scenario Tester An interactive Non-QM scenario finder that enables brokers and originators to test loan scenarios against available Non-QM investor programs by inputting borrower attributes (income type, loan purpose, occupancy, property type, state, loan amount, LTV, FICO, DTI/DSCR, bankruptcy history and housing events) and surfacing matching lender programs. Designed to accelerate discovery of viable non-QM options for complex borrower profiles.
Quantifiable outcome
- 80% year-over-year growth in lock activity
- +5 more outcomes
Companies that use LoanNEX
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles2 records
LoanNEX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature11 records
LoanNEX partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and minor.
- ACC MortgagecoreACC Mortgage is a wholesale partner using LoanNEX platform for pricing and product distribution through the broker network.
- Acra LendingcoreAcra Lending is a correspondent partner on the LoanNEX platform for Non-QM and expanded product access.
- Deephaven MortgagecoreDeephaven Mortgage launched wholesale products on LoanNEX Broker Marketplace, making both Wholesale and Correspondent products available on the platform.
- Angel Oak MortgagecoreAngel Oak Mortgage is a correspondent partner providing Non-QM products through the LoanNEX platform.
- PennyMaccorePennyMac is a correspondent partner on the LoanNEX platform for expanded product distribution.
- NewrezcoreNewrez is a correspondent partner using LoanNEX for product pricing and eligibility access.
- Redwood TrustcoreRedwood Trust is a correspondent partner on LoanNEX platform for Non-QM product distribution.
- LendingPadcoreIntegration partnership enabling LoanNEX pricing and eligibility within LendingPad LOS. Creates comprehensive access to Non-QM products within LendingPad workflow.
- ICE Mortgage Technology (Encompass)coreDeep integration with ICE Encompass LOS including TPO Connect. LoanNEX embedded as PPE within Encompass workflow for Non-QM and expanded product access.
- eResiminoreResi is a correspondent partner on the LoanNEX platform for product distribution.
- American Heritage LendingminorCorrespondent partner on LoanNEX platform.
- Amerihome Mortgage CompanyminorCorrespondent partner on LoanNEX platform.
- Arc Home LoansminorCorrespondent partner on LoanNEX platform.
- Arch Mortgage FundingminorCorrespondent partner on LoanNEX platform.
- Carrington Mortgage ServicesminorCorrespondent partner on LoanNEX platform.
- Homebridge Financial ServicesminorCorrespondent partner on LoanNEX platform.
- NQM FundingminorCorrespondent partner on LoanNEX platform for Non-QM products.
- Oaktree Funding Corp.minorCorrespondent partner on LoanNEX platform.
- PlanetminorCorrespondent partner on LoanNEX platform.
- Western AllianceminorCorrespondent partner on LoanNEX platform.
- Axos BankminorWholesale partner on LoanNEX platform.
- Capital AllianceminorWholesale partner on LoanNEX platform.
- First Equity FundingminorWholesale partner on LoanNEX platform.
- Maverick LendingminorWholesale partner on LoanNEX platform.
- TheLenderminorWholesale partner on LoanNEX platform.
Scale indicators14 records
Recent moves6 records
Expansion highlights5 records
LoanNEX competitors and assessment
Company assessmentDirect peers
- Optimal Blue: Optimal Blue is a leading mortgage product, pricing, and eligibility (PPE) engine serving retail, wholesale, and correspondent channels. It is the most direct competitor to LoanNEX, owned by ICE Mortgage Technology, and embedded within many of the same LOS workflows LoanNEX targets.
- Polly: Polly is a modern mortgage pricing engine providing product, pricing, and eligibility for retail and wholesale lenders. It competes head-to-head with LoanNEX in PPE functionality, with particular strength in capital markets and secondary workflows.
- Mortech (a Zillow Group company): Mortech provides mortgage pricing, product eligibility, and rate notification tools for lenders. As an established incumbent in the PPE market, Mortech directly overlaps with LoanNEX's pricing and eligibility functionality across the mortgage ecosystem.
Broad incumbents
- ICE Mortgage Technology (Black Knight): ICE Mortgage Technology owns the Encompass LOS — LoanNEX's primary integration partner — and also owns Optimal Blue. As the dominant mortgage technology platform, ICE represents both LoanNEX's largest distribution channel and its most consequential competitive threat.
- Mortgage Cadence (Accenture): Mortgage Cadence is an enterprise mortgage origination platform offering digital lending, closing, and capital markets solutions. It competes with LoanNEX at the broad platform level for large enterprise lenders seeking integrated origination and capital markets technology.
Others
- LendingPad: LendingPad is a cloud-based loan origination system integrated with LoanNEX for Non-QM pricing and eligibility. While primarily an LOS partner, LendingPad's broader product set includes some pricing and decisioning capabilities that overlap with LoanNEX at the workflow level.
Emerging players
- BeSmartee: BeSmartee provides a digital lending platform with pricing and decisioning capabilities for mortgage lenders. It overlaps with LoanNEX in the pricing/eligibility workflow and represents a modern, API-first alternative for retail and wholesale lenders.
- Floify: Floify offers point-of-sale and loan application tools for mortgage brokers and lenders. While more focused on the application and POS layer, Floify addresses similar broker and originator workflow pain points that LoanNEX's Broker Marketplace targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LoanNEX social profiles
Digital presenceLoanNEX financial estimates
Financial estimateRevenue estimate
Valuation estimate
LoanNEX leadership team
Management profileNumber of profiles
Profiles11 records
LoanNEX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LoanNEX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LoanNEX
What does LoanNEX do?
LoanNEX is a B2B SaaS product, pricing and eligibility (PPE) engine for the U.S. non-agency residential mortgage market. It unifies real-time pricing, eligibility/decisioning, lock management, exception workflows and loan distribution for Agency and Non-Agency (including Non-QM, Jumbo, DSCR, bank-statement, second liens, HELOCs and investment property) products. Customers include retail lenders, wholesale lenders, brokers/originators, investors/aggregators, correspondent channels and secondary/capital-markets teams, accessed either as a standalone platform or embedded within ICE Encompass and LendingPad LOS systems.
Is LoanNEX a public or private company?
LoanNEX is a private company. It is classified as venture growth investor backed and is currently operating.
When was LoanNEX founded?
LoanNEX was founded in 2016. It employs 11 to 50 people.
Where is LoanNEX based?
LoanNEX is headquartered in Saint Louis, United States, in the North America region.
How does LoanNEX make money?
Three revenue lines are on record. Broker Marketplace Subscriptions are the primary driver. The others are enterprise Platform Licensing and LOS Integration Services.
Who are LoanNEX's main competitors?
Direct peers on record are Optimal Blue, Polly and Mortech (a Zillow Group company). Broad incumbents are ICE Mortgage Technology (Black Knight) and Mortgage Cadence (Accenture). LendingPad is listed as an others. Emerging players are BeSmartee and Floify.
Does LoanNEX have an API?
No public API is recorded for LoanNEX.
What industry is LoanNEX in?
LoanNEX's product category is Mortgage technology / Loan origination software (PPE platform). Its primary akta.pro industry code is FSALALAC, Product, Pricing & Eligibility (PPE) / Rate Lock & Pricing Engines. Its NAICS code is 5223 and its SIC code is 6163.