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Podcast: Lykken on Lending
Episode: Lenders One®: L1 Insurance Solution, 25th Anniversary with Justin Demola of Lenders One
Description: Lenders One, under the leadership of Justin Demola, is a national cooperative dedicated to empowering its members—comprising independent mortgage bankers, banks, and credit unions—through innovative solutions that reduce costs and improve efficiencies. Building on the success of its credit reporting service, Lenders One has also launched L1Insurance. This initiative is designed to streamline the insurance process for members' borrowers, offering competitive quotes from a pool of 30 to 40 underwriters. By partnering with Policy Genius, Lenders One ensures that borrowers receive multiple quotes, helping to lower their mortgage payments through reduced insurance costs. This not only benefits the borr...