Full-Time
Posted on 3/26/2025
API-driven digital mortgage platform for origination
No salary listed
Menlo Park, CA, USA
In Person
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Pylon Lending provides a digital mortgage infrastructure that businesses can embed into their own products. It offers an SDK and APIs with pre-built UI components to enable end-to-end mortgage origination—from application to closing—without building the backend from scratch. The platform is Freddie Mac approved and targets developers in fintech and real estate, allowing clients to integrate digital mortgage services quickly and at lower cost. Revenue comes from subscriptions and transaction fees based on mortgage volume. Compared with traditional approaches, Pylon differentiates itself by delivering a complete, customizable mortgage stack that can be embedded into other apps with minimal code. The company aims to help businesses launch scalable digital mortgage offerings, improve efficiency, and enhance customer experience by digitizing the origination process.
Company Size
51-200
Company Stage
Seed
Total Funding
$8.5M
Headquarters
New York City, New York
Founded
2022
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Medical, vision & dental
Unlimited PTO
Hardware allowance
Annual off-sites
Truv, a provider of consumer-permissioned income, employment and asset verification, has partnered with Pylon to power real-time verification within Pylon's autonomous mortgage origination platform. The integration enables instant income verification for mortgage applications, streamlining the origination process by eliminating manual documentation requirements.
Jobs data, mortgage rates and housing demand. Loan Factory announced Thursday that it is launching fully automated mortgage originations through a partnership with Pylon, a move the companies say will streamline operations, lower costs and speed up closings. The company said the partnership will allow it to originate loans directly on Pylon's infrastructure, eliminating manual loan operations and reducing reliance on wholesale lenders. The company originates more than $5 billion in mortgages annually through a network of 2,500 loan officers across 48 states. Loan Factory said it expects the partnership to increase loan officer production sixfold across its core origination channels.
Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank's mortgage trading desk, the parties announced on Tuesday.
Citi has invested in Pylon, a programmatic mortgage infrastructure provider. While financial terms were not disclosed, the partnership involves integrating Citi's mortgage trading desk liquidity into Pylon's platform, granting Pylon customers direct access to Citi's institutional-grade products and rates. Pylon CEO Trent Hedge highlights the enhanced access to Wall Street-level resources for their clients.
Pylon, an embedded mortgage infrastructure platform, announced on Tuesday that it had raised $3.3 million in seed funding.