LoanPacket vs Lumos
Lumos is an enterprise credit and analytics platform sold to lenders. It is not available to independent brokers, and its pricing and implementation reflect that. LoanPacket is self-serve from day one.
| Dimension | Lumos | LoanPacket |
|---|---|---|
| Who can buy | Lenders under enterprise agreement | Anyone, self-serve, 14-day trial |
| Implementation | Weeks, with integration services | Same day |
| Packaging workflow | Lender-side underwriting | Broker-side packaging to lender-side review |
| SBA forms | Partial | 1919, 413, 1920, 159, 4506-C |
| Pricing transparency | Quote-based | Published tiers, $149 pay-per-deal |
| Memo white-labeling | Lender branding | Broker or packager branding |
Lumos serves the lender's credit department. LoanPacket serves the people who send that department its packages.
Package your next loan in 15 minutes instead of 3 weeks.
Upload a set of sample tax returns and generate a complete, lender-ready credit memo on your first day.