Arcus Lending Rebranding as InstaMortgage Reflects Technological Approach to Mortgage Lending | Business

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SAN JOSE, CA – (BUSINESS WIRE) – August 18, 2021

Arcus Lending, the first technology mortgage lender licensed in 25 states, announced today that it is rebranded under a new name. InstaMortgage to reflect its commitment to providing consumers with accurate, immediate and reliable technology-based mortgages.

“We have combined the popular term ‘insta’ with the word ‘mortgage’ because it refers to the immediate delivery standard that has become accepted in today’s tech-savvy environment,” said Shashank Shekhar, CEO of InstaMortgage. “We want InstaMortgage to become synonymous with the fastest and most predictable mortgage available on the market today.”

A new look at corporate identity is central to the company’s drive to transform the mortgage industry. InstaMortgage is well on its way to rapid growth and has established itself as an industry leader in identifying how a lender can use technology to modernize the mortgage process. InstaMortgage recently entered the prestigious Inc. list for the second time. America’s 500 fastest growing private companies. With an impressive 1233% growth rate over three years (2017-2020), the company ranked 394th in the country, up from 445th in 2017, and 5th among mortgage companies on the list.

“Our launch as InstaMortgage represents the culmination of a transformational change for the company,” Shekhar said. “This new chapter will help us move the company forward by rethinking mortgage lending.”

Shekhar went on to explain the philosophy of the new brand as follows: “Consumers now expect the extraordinary. They demand maximum flexibility, information at their fingertips, and the assurance that their personal information and confidentiality are safe. The introduction of a seamless mortgage process has accelerated dramatically due to the events of the past year. Lenders can now use technology to maximize consumer convenience and change mortgage terms. InstaMortgage is spearheading this change and creating new technologies to deliver mortgages in record time. ”

Please visit www.instamortgage.com to learn more about a completely different mortgage lending experience.

About InstaMortgage

Originally founded in 2008 by Shashank Shekhar as Arcus Lending, the company was renamed InstaMortgage in 2021. InstaMortgage is committed to providing the best mortgage loans to its clients in 25 states. The company entered the Inc. America’s 500 fastest growing private companies. Combining their cutting edge technology with expert advice, excellent customer service and competitive rates, they provide mortgage options tailored to each client’s unique financial situation.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210818005126/en/

CONTACT: Alison Austin

949-403-0484

alyson@gaffneyaustin.com

KEY WORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SOFTWARE CONSTRUCTION AND PROPERTY FINANCE BANK PROFESSIONAL SERVICES TECHNOLOGIES OTHER TECHNOLOGIES RESIDENTIAL BUILDING AND REAL ESTATE

SOURCE: InstaMortgage

Copyright by Business Wire 2021.

PUB: 08/18/2021 09:00 / DISK: 08/18/2021 09:02

http://www.businesswire.com/news/home/20210818005126/en

Copyright by Business Wire 2021.

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