PeerStreet Announces Our New Originator Suite and Delivers Awards to Six Lenders at Annual Gathering

Last week, PeerStreet was thrilled to return to the annual American Association of Private Lenders (AAPL) Conference at Caesars Palace in Las Vegas. 

Not only did we sponsor the event, we had three speakers, a fully staffed booth, a party, an awards presentation and a new product announcement! Here are some of the highlights.

We had so much fun, we created this sizzle reel.

We announced an amazing new product suite:

Our CEO, Brew Johnson, and CTO, Oren Ben Shaul, were on stage to announce our new Originator Suite, which will include tools such as the loan scenario builder, loan application, document collection and others! 

Take a look at the video to see the full product announcement.

Our head of originator sales lended some major insight on the future of appraisals: 

Dan Wasson, our Vice President of Sales, sat on a panel which explored planning for & mitigating the appraisal squeeze. She presented tips on how to ensure you get the appraisal you need, even during this year of record-breaking origination volume.

At our lender party, we announced six awards:

Congratulations to Karzi Equities on another victory!

Lender of the Year: Karzi Equities

They’ve been an originator since 2016 and have our program down pat, with their fastest loan funding in just three days. This is the third year they’ve won this award.

Most Rental Loan Units: Trius Lending Partners

They took 830 days from the first time we met them until they on onboarded in 2018, since then, they’ve become a powerhouse in rental loans!

Most Rental Volume: Pimlico

They’ve been working with us since 2019. This year alone, we did over 100 more loans together than in their first two working with us.

Best Newcomer: LendingDeck

It took them only 30 days from when we first met to get them fully onboarded in December 2020. Together, we closed over 70 loans in their first 11 months. 

Best Partner: Budget

Joining in 2015, they were one of our first lenders ever onboarded. They more than doubled their volume since Covid and they are a crowd favorite amongst the teams that work with them due to their intimate knowledge of our systems, credit boxes, and lending as a whole. 

The Big Kahuna: Twin Cal

Onboarded in late 2020 and hitting home runs out of the gate, this year they closed our largest rental loan on a nearly $3M deal in Los Angeles.

And we went Back to the Future with our trade show booth and this fun sizzle reel looping on the TV.

We had a wonderful time connecting with everyone at APPL and are already thinking of ways to make it even better next year!

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