Polly vs LoanPASS
Pricing & Eligibility head-to-head · axis by axis, same rubric for both
Pricing & Eligibility
Pricing & Eligibility
| Axis | Polly | LoanPASS |
|---|---|---|
| Production impact | 3.8 | 3.8 |
| Functionality & depth | 4.4 | 4.0 |
| Integrations & ecosystem | 3.7 | 3.8 |
| Adoption & support | 4.1 | 4.0 |
| Return on spend | 3.8 | 3.8 |
| Overall | 4.0 | 3.9 |
Polly wins 2 of 5 axes. Same rubric, same weights, no sponsorships.
Two 2019 startups that went different directions
Polly and LoanPASS both launched in 2019 and both sell a modern engine. Polly extended into loan trading and analytics. LoanPASS extended into automated underwriting and mortgage insurance quoting. The decision usually comes down to secondary execution against product complexity.
Polly sells the whole capital markets stack
Polly markets one stack running from rate lock through loan sale and delivery. That covers the pricing engine, a hedge-agnostic loan trading exchange and analytics. Lock desk automation handles extensions, re-locks, reprices, price exceptions and float downs. Rule versioning and historical repricing come with it.
Lender Intelligence, launched in March 2024, benchmarks a lender’s pricing against competitors and tracks origination margin. Polly AI arrived in May 2024 as a loan officer co-pilot. It explains why a borrower is ineligible and what would fix the scenario. New American Funding and Movement Mortgage were named beta users.
LoanPASS sells configurability for hard product
LoanPASS runs a no-code rules engine alongside an automated underwriting service. Lenders build eligibility and LLPA rules without engineering time. Its published product pages cover DSCR, bank statement, asset depletion, foreign national, ITIN and fix-and-flip loans. That list is broader than anything Polly publishes on non-agency product.
LoanCOMPASS claims over 900 niche products from more than 50 correspondent investors. In May 2025 LoanPASS acquired PMI Rate Pro, which quotes mortgage insurance through a single API. In May 2026 Dynamo Capital picked LoanPASS for bridge and ground-up construction lending. In January 2026 a FICO partnership added batch pricing for FICO Score 10T on non-conforming loans.
Funding and who is behind each
Polly raised $25 million in September 2024, led by 8VC. Menlo Ventures, Meritech, Khosla Ventures and Fifth Wall joined the round. HousingWire reported about $57 million raised across three rounds before that.
LoanPASS publishes no funding rounds and names no institutional owner. It is founder-led under Bill Roy and based in Miami. Buyers who weigh vendor balance sheet risk should ask LoanPASS for that detail directly.
Integrations you can name today
Polly names nCino Mortgage Suite, Vesta, LendingPad, Cordless and Uplist among announced partners. The nCino tie is bi-directional and covers pricing searches and locks. Polly says its engine carries product from hundreds of investors but names none on its site.
LoanPASS publishes its own list covering Encompass Partner Connect, Vesta, Wilqo, LendingPad, nCino and the MeridianLink LOS. Mortgage insurance names include MGIC, Radian and National MI. Neither company publishes a CRM integration list with any depth. If your loan officers live in a CRM, put that in the requirements document.
Claims without method
Polly stated that lock volume grew over 150 percent in 2024 and its customer base more than doubled. No method accompanies either figure. LoanPASS states sub-second pricing, about 150,000 scenarios priced weekly and roughly 99.99 percent uptime.
All of those are vendor stated and unverified. Treat them as sales inputs, not diligence. Ask each vendor to reproduce the number on your own product set during a timed test.
What to ask about price
Neither company publishes a price. LoanPASS routes buyers to a scheduled call. Polly gives no pricing page either. Ask both for cost per lock at your monthly volume. Ask whether rule changes and new investor sheets carry professional services fees.
For Polly, ask whether trading and analytics are licensed apart from the engine. Bundled quotes are hard to unwind at renewal. Third-party review data is close to absent for both companies. No G2 profile for LoanPASS could be located. The G2 entry under the name Polly belongs to an unrelated workplace polling vendor, which is easy to misread.
Which one to pick
A conforming retail or correspondent lender chasing better secondary execution should start with Polly. Trading, hedging support and analytics sit under one contract. A non-QM, DSCR or business purpose shop should start with LoanPASS. Program launch speed is what drives lock volume in that segment.
Ask Polly how its trading exchange prices against your current investor set. Ask LoanPASS to build a new bridge loan product live during the demo.
Also in this category
Also in this category: Lender Price vs LoanPASS and Lender Price vs MeridianLink PriceMyLoan.
Both tools are scored on the same weighted rubric, production impact carries the most weight. Comparisons are never sponsored. Disclosure →