Industry NewsNews Brief

Wintrust Mortgage integrates with OpenHouse agent matching

The partnership represents a larger push for OpenHouse Realty in joining forces with key lenders
  • Wintrust Mortgage will weave OpenHouse Realty's data-driven recommendation technology Agent Ace into its offerings.
  • The agent recommendation service is free for Wintrust consumers, who will also earn a $250 cash back rebate from Agent Ace for every $100,000 in home value, up to a maximum of $5,000.
  • Last month OpenHouse joined forces with Chicagoland's MortgageHippo, and the relationship with Wintrust represents another major "win" for OpenHouse on the lending partner front.

Through a partnership with OpenHouse, Wintrust Mortgage is applying its "one loan does not fit all" philosophy to the agents who serve the company's lending clients. The anti-cookie-cutter personal lending firm originated $4.3 billion in 2015 and offers conventional loans as well as special first-time homebuyer programs to the Chicagoland community. Now, Wintrust will weave OpenHouse Realty's data-driven recommendation technology Agent Ace into its offerings so borrowers can obtain financing for a home and source highly qualified agent representation in one place. Incentives for consumers The agent recommendation service is free for Wintrust consumers, who will also earn a $250 cash back rebate from Agent Ace for every $100,000 in home value, up to a maximum of $5,000. In addition, Wintrust loan officers gain a front row seat to the customer real estate lifecycle and the opportunity to build relationships with top performing real estate agents nationally and locally. ...