Pylon Lending
215 Park Ave S, 11th FL, New York, NY 10003
https://www.pylonlending.com/
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Total loans closed with Loan Factory
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Total loans closed with Loan Factory (past 12 months)
0
Lender overview
Basic information
Pylon Lending, ISAOA 215 Park Avenue South, Floor 11 New York, NY 10003
Pylon Lending, ISAOA 215 Park Avenue South, Floor 11 New York, NY 10003
Lock policies & Fees
Lock Policies
Extensions typically cost between 0.01% to 0.02% (1–2 basis points) per day.
Extensions must generally be requested before the current lock expires. If it expires, the file usually moves to "Relock" status.
Worse-Case Pricing
The system compares the original locked price against the current market price. You will receive whichever is lower (more expensive), plus a relock fee (typically 0.125% to 0.25%).
Cooling Period: Most Pylon products require a 30-to-60-day "waiting period" of being unlocked before you can lock at "Current Market" rates again without a penalty.
Lender's niche & Overlays
Intelligent, real-time underwriting
Direct access to Wall Street rates
Modern support tooling for LOs
Automated, always-on compliance
Pixel-perfect borrower origination experiences
Lender turn time
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