Arcus Lending Rebrands as InstaMortgage to Reflect Tech-First Approach to Mortgage Lending
The rebrand entails a new company name, a new logo, and a new website.
The Shashank Redemption: Immigrant to struggling broker to top originator
Our CEO, Shashank Shekhar, was featured as the June 2020 cover story for National Mortgage Professional magazine, the country’s most widely-read mortgage publication.
Introducing Rachel: InstaMortgage formerly known as Arcus Lending Inc. Creates Mortgage Industry’s First Digital Human
“Rachel revolutionizes the online chatbot experience and
supplements the work done by human employees.”
InstaMortgage Named to Inc. 5000 Fastest-Growing Companies for the Second Time
The San Jose-based mortgage lender ranked 394 on the Inc. 5000 List with three-year revenue growth of 1,233%
Closing costs survey: Fees rise, but it’s easier to shop around
“The cost of compliance has gone up,” says Shashank Shekhar, president and CEO of InstaMortgage Formerly known as Arcus Lending, in San Jose, California. “So many things have to be tracked and followed, and the cost of that needs to go somewhere.” Still, he says, “I don’t think the fees themselves increase.”
Fixed mortgage rates continue their upward climb
Shashank Shekhar, CEO of InstaMortgage, is one who expects rates to go up. “I think higher mortgage rates will continue to be a longer-term trend as the combination of growth and global central bank bond tapering continues,” Shekhar said. “Both of these lower the yield on mortgage-backed securities (MBS), thus increasing the mortgage rates that borrowers get.”