In other words, partners integrate Vontive into their systems and then white-label the company’s mortgage business that they market to end users.

The partners

One such partner is PadSplit, a marketplace supported by a room rental business that offers clean, modern furnished rooms for rent to community members at an affordable weekly rate. The site has hosts putting properties on the platform and others looking to rent rooms. Vijaykumar noted that PadSplit offers a mortgage option for people who bring real estate to the platform and want to explore a PadSplit mortgage. Vontive is the fulfillment company behind this.

Vontive also partners with Fixated Funding, an asset-based lender that helps real estate investors close deals and is based in the Pacific Northwest. This company has launched a mortgage arm and Vontive serves as the executing entity.

Vontive funds mortgages using its own balance sheet and then manages the risk. At this point, the company has forged 30 partners, with plans to further grow the partner base over the year and beyond, Vijaykumar said.

Multitenancy and other technological elements

Vontive’s cloud-based technology is based on four major concepts, Vijaykumar said.