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
0
Total loans closed with Loan Factory (past 12 months)
0
Lender overview
Basic information
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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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