WeMLO
wemlo is a tech-enabled third-party mortgage loan processing company serving 500+ US mortgage brokerages with a proprietary broker dashboard, borrower portal, and dedicated processing pod model operating across 47 states plus DC under RE/MAX Holdings ownership.
- Company typePrivate
- Founded2019
- HeadquartersDavie, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What WeMLO does
wemlo is a tech-enabled third-party mortgage loan processing company that provides mortgage brokerages with outsourced processing support across 47 states plus the District of Columbia. Founded in 2019 and acquired by RE/MAX Holdings in 2020, the company has served more than 500 brokerages and reached a milestone of 10,000 loans processed to Clear to Close status by early 2026. Its core product is a proprietary digital processing platform that includes a broker dashboard for real-time loan tracking and milestone reporting, a borrower-facing portal for document and communication management, and an online document workflow management system. The platform is delivered alongside a dedicated "processing pod" structure — one manager and two processors per broker relationship — that combines human domain expertise with the technology layer. The platform supports 40+ lenders and 16+ loan products, including conventional, FHA, VA, USDA, jumbo, construction, Non-QM, DSCR, and Bank Statement programs.
The business model is transaction-based: brokers pay no subscription or minimum loan volume, and processing fees are typically passed through to borrowers at closing under Section B of the Closing Disclosure. Distribution combines a sales-led motion (1:1 demos) with a self-serve platform, multi-channel content and email marketing, LinkedIn organic presence, industry events and trade partnerships, and referral flow generated by Preferred Processor status with United Wholesale Mortgage and Orion Lending, alongside Industry Partner status with the National Association of Mortgage Brokers. The company is operationally differentiated by an average 21-day processing cycle (more than twice as fast as the 44-day industry benchmark) and has accumulated four consecutive NAMB Service Partner of the Year awards from 2022-2025.
wemlo is a wholly-owned subsidiary of RE/MAX Holdings (NYSE: RMAX), operates from a Florida headquarters with additional Florida and Colorado locations, and is NMLS-licensed (#1853218) for processing services in 47 states plus DC. The company's compliance posture includes SSAE 16 SOC 2 Type II certification at its data center, GDPR compliance statements, and conformity with the E-SIGN Act, UETA, and Gramm-Leach-Bliley Act.
WeMLO firmographics
Firmographics- Name
- WeMLO
- Legal name
- Wemlo, LLC
- Website
- https://wemlo.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- wemlo is a tech-enabled third-party mortgage loan processing company serving 500+ US mortgage brokerages with a proprietary broker dashboard, borrower portal, and dedicated processing pod model operating across 47 states plus DC under RE/MAX Holdings ownership.
- Ownership category
- akta.pro rank
Where WeMLO is headquartered
LocationHeadquarters
- HQ city
- Davie
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
WeMLO business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fee - Processing Services: Competitive fee for mortgage loan processing services that falls under Section B of the Closing Disclosure and is paid by the borrower at closing. No subscription or minimum loan volume required.
- Third-Party Processing Services: Fee-based model where wemlo provides loan processing support, with fees typically passed on to borrowers at closing rather than borne by brokers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based processing fee |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
WeMLO product offering
Product offeringCore offering
WeMLO operates a tech-enabled third-party mortgage loan processing platform that serves mortgage brokerages across the United States. The company combines dedicated processing pods (1 manager + 2 processors per brokerage) with a proprietary digital platform featuring a Broker Dashboard for loan tracking and milestone reporting and a Borrower Platform for direct communication and document management. WeMLO charges a per-loan transaction fee that typically appears under Section B of the Closing Disclosure and is paid by the borrower at closing, with no subscription fees or minimum loan volume requirements.
Product overview
wemlo is a broker-centric third-party mortgage loan processing company that operates as a single unified platform combining technology and human expertise. The core offering is the wemlo Third-Party Loan Processing Platform, which provides mortgage brokers with tech-enabled processing support, a dedicated processing pod structure (Powerhouse Support), a broker dashboard for loan tracking, and a borrower-facing platform. The company supports 15+ loan products across an extensive lender network and operates coast-to-coast in 47 states plus D.C. wemlo was acquired by RE/MAX Holdings in 2020 and processes loans typically paid by the borrower at closing through Section B of the Closing Disclosure.
Differentiator
Problem solved
Functional benefit
Products and services
- wemlo Third-Party Loan Processing Platform A tech-enabled mortgage loan processing platform that provides U.S. mortgage brokerages with dedicated processing support from submission through Clear to Close, combining human processing expertise with digital workflow management. The fee is typically paid by the borrower at closing under Section B of the Closing Disclosure, with no subscription or minimum loan volume required. The platform supports 16+ loan products and operates across 47 states plus D.C.
- Powerhouse Support (Processing Pod Service) A dedicated processing pod structure delivering assigned, knowledgeable processors — one manager and two go-to processors — who know the brokerage's business and ensure business continuity through backup support. Includes bilingual English and Spanish processing, weekly pipeline meetings, and support across 15+ loan products including specialized Non-QM, DSCR, and Bank Statement loans.
Quantifiable outcome
- 21-day average processing time vs 44-day industry average (more than 2x faster)
- +4 more outcomes
Companies that use WeMLO
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
WeMLO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
WeMLO partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- National Association of Mortgage Brokers (NAMB)coreJoined NAMB as an Industry Partner. wemlo has been named NAMB Service Partner of the Year for four consecutive years (2022-2025), making it the only company honored in the mortgage loan processing category.
- Orion LendingcoreFirst to join Orion Lending's Processor Partner Program, an exclusive concierge service for enhanced loan processing support for Orion Partners. wemlo serves as a preferred processor for Orion Lending.
- United Wholesale Mortgage (UWM)corewemlo holds Preferred Processor status with UWM, one of the largest wholesale mortgage lenders, providing processing support for UWM loans.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
WeMLO competitors and assessment
Company assessmentBroad incumbents
- ICE Mortgage Technology (formerly Black Knight): ICE Mortgage Technology owns the Encompass loan origination system, Empower LOS, and other processing-adjacent platforms that lenders and servicers use. As a broad incumbent, it competes across the mortgage technology stack that wemlo also serves with its processing platform.
Direct peers
- OpenClose: OpenClose is a multi-channel loan origination system and decisioning platform for mortgage lenders, including wholesale and broker channels. It is a comparable mortgage-tech provider to wemlo for processing-oriented workflows.
- Mortgage Cadence (Accenture): Mortgage Cadence, an Accenture company, provides a digital mortgage loan origination platform used by lenders for processing, underwriting, and closing. It is comparable to wemlo's platform layer for processing workflows.
- Blend: Blend is a digital mortgage platform providing borrower experience, POS, and processing workflow tools to banks, credit unions, and lenders. It competes with wemlo in the mortgage processing workflow layer, particularly with broker and wholesale use cases.
- LenderLive: LenderLive provides outsourced loan processing, fulfillment, and capital markets services to banks, credit unions, and mortgage bankers. It is a direct peer to wemlo in third-party processing and fulfillment services.
- ServiceLink (Fidelity National Financial): ServiceLink is the mortgage processing and subservicing arm of Fidelity National Financial, providing title, closing, and loan processing services to lenders and originators. It competes head-on with wemlo in third-party loan processing.
- Mortgage Connect (Mr. Cooper): Mortgage Connect, a subsidiary of Mr. Cooper Group, is one of the largest US third-party mortgage processing and closing services providers. It is a direct competitor to wemlo in outsourced loan processing for lenders and brokers.
- First American Mortgage Solutions: First American Mortgage Solutions provides loan origination technology, title, closing, and default services to mortgage lenders. It overlaps directly with wemlo in third-party processing and closing workflows.
Emerging players
- Snapdocs: Snapdocs is a digital closing network that automates and orchestrates mortgage closings and eSigning. While more focused on the closing stage than full loan processing, it overlaps with wemlo's digital workflow and is a credible adjacent competitor.
- BlueSage Solutions: BlueSage Solutions provides a browser-based loan origination platform with workflow, document, and processing capabilities for mortgage lenders. As a smaller mortgage-tech player, it is an emerging peer to wemlo in the digital processing space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
WeMLO social profiles
Digital presenceWeMLO compliance and trust
Trust signalCompliance3 records
WeMLO financial estimates
Financial estimateRevenue estimate
Valuation estimate
WeMLO leadership team
Management profileNumber of profiles
Profiles4 records
WeMLO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WeMLO 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 WeMLO
What does WeMLO do?
WeMLO operates a tech-enabled third-party mortgage loan processing platform that serves mortgage brokerages across the United States. The company combines dedicated processing pods (1 manager + 2 processors per brokerage) with a proprietary digital platform featuring a Broker Dashboard for loan tracking and milestone reporting and a Borrower Platform for direct communication and document management. WeMLO charges a per-loan transaction fee that typically appears under Section B of the Closing Disclosure and is paid by the borrower at closing, with no subscription fees or minimum loan volume requirements.
Is WeMLO a public or private company?
WeMLO is a private company. It is classified as corporate owned and is currently operating.
When was WeMLO founded?
WeMLO was founded in 2019. It employs 11 to 50 people.
Where is WeMLO based?
WeMLO is headquartered in Davie, United States, in the North America region.
How does WeMLO make money?
Two revenue lines are on record. Transaction Fee - Processing Services are the primary driver. The others are third-Party Processing Services.
Who are WeMLO's main competitors?
ICE Mortgage Technology (formerly Black Knight) is listed as a broad incumbent. Direct peers are OpenClose, Mortgage Cadence (Accenture), Blend, LenderLive, ServiceLink (Fidelity National Financial), Mortgage Connect (Mr. Cooper) and First American Mortgage Solutions. Emerging players are Snapdocs and BlueSage Solutions.
Does WeMLO have an API?
No public API is recorded for WeMLO.