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Open Lending vs OpenClose LOS

Open Lending logo
Open LendingLoan Origination Systems
Usage-basedPublished price
OpenClose LOS logo
OpenClose LOSLoan Origination Systems
CustomPublished price
Open Lending logo
Open Lending
Loan Origination Systems

Less Risk, More Reward

OpenClose LOS logo
OpenClose LOS
Loan Origination Systems

Your Trusted Partner for the Digital Mortgage Era

Overview
CategoryLoan Origination SystemsLoan Origination Systems
What it isAutomated auto lending and analytics.Browser-based mortgage loan origination system for retail and wholesale lenders.
Pricing
Published priceUsage-based
No published rate. Open Lending advertises no startup costs or hidden fees and that customers 'only pay for insured loans', i.e. a per-loan fee tied to volume. The exact per-loan/…
Custom
Enterprise mortgage lending software sold via sales/demo; no public pricing. OpenClose became part of MeridianLink (NYSE: MLNK) in November 2022 and is still offered under the Ope…
Pricing modelUsage-basedCustom quote
Free optionsNo free plan · No free trialNo free plan · No free trial
Deal on CubbieNone right nowNone right now
Company
Founded20002003
Team size201-500 employees51-200 employees
HeadquartersAustin, TXJupiter, FL

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