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Open Lending vs SimpleNexus

Open Lending logo
Open LendingLoan Origination Systems
Usage-basedPublished price
SimpleNexus logo
SimpleNexusMortgage Software
CustomPublished price
Open Lending logo
Open Lending
Loan Origination Systems

Less Risk, More Reward

SimpleNexus logo
SimpleNexus
Mortgage Software

Homeownership platform connecting loan officers, borrowers, and real estate agents through mobile-first mortgage technology.

Overview
CategoryLoan Origination SystemsMortgage Software
What it isAutomated auto lending and analytics.Homeownership platform connecting loan officers, borrowers, and real estate agents through mobile-first mortgage technology.
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 software sold via custom quote based on institution size, loan volume, and modules. Now part of nCino and marketed as the nCino Mortgage Suite (formerly Simple…
Pricing modelUsage-basedCustom quote
Free optionsNo free plan · No free trialNo free plan · No free trial
Deal on CubbieNone right nowNone right now
Company
Founded20002011
Team size201-500 employees201-500 employees
HeadquartersAustin, TXLehi, UT

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