The most powerful, flexible, and feature-rich product eligibility
and loan pricing engine available.
Say good-bye to juggling multiple investor guidelines and rate sheets in order to
place a loan and get the best price!
If you're spending a lot of time manually sifting through the myriad of product
eligibility and pricing variables at the point of sale, you not only have less time
to sell – you might not be offering the most competitive products or selecting
products that optimize profits.
LoanDecisions will instantly show you which investor will buy the loan while at
the same time tell you who will pay the best price. Now you can invest that time
savings focusing on customers, closing deals, and growing your business and relationships.
A simple data entry process, powerful eligibility, pricing and analytical displays
help you get the most out of every opportunity. Get LoanDecisions today and eliminate
the complex and labor-intensive tasks of product decisioning and best execution
pricing. See how the ease and power of Software-as-a-Service give you an entirely
new way to work, grow, make more money and streamline processes.
LoanDecisions has a flexible platform and roles based architecture allows you to
configure instantly to any business model.
Click on any of the popular features below.
BestX Pricing
Eligibility
Guidelines
Lock Desk UI
Secondary
Investor Ranking
Custom Pricing
Private Branding
Branch Mgmt.
Loan Comparison
Custom Settings
Integrations
Pipeline Reporting
Loan Status
AE Auto Email
Mass Email Tools
Account Mgmt.
BestX Displays
You select the loan criteria and LoanDecisions will maximize your opportunities
with our BestX displays. BestX Doc Type (featured image) displays the best execution
across six documentation types, BestX Lender shows the complete pricing for one
product and documentation type for each available rate, and BestX Points displays
the BestX across 3 different point options.
Find hidden revenue opportunities within all of our BestX displays.
Eligibility
Across your delegated lenders, view eligibility results for every program. You can
compare programs side by side, view the ineligible reasons, or price specific program.
Guidelines
From any BestX pricing display or the Lender Ranking display, you can view the adjusters
or guidelines on any program. Program guidelines display where your loan scenario
fit within the guideline eligibility set. Visual indicators show you the different
maximum allowable limits, thresholds, and parameters
Lock Desk UI
LoanDecisions incorporates smart technology that allows your secondary department
to manage loan registration and lock requests while providing important information
and tools.
The Lock Desk UI (User Interface) includes features such as: loan confirmation,
re-pricing ability, secondary re-pricing, secondary tracking, and more.
The Lock Desk UI also provides information on each loan and the rules which created
the requested rate and price, access to NYLX's rate and guideline update interface,
reporting and pipeline display system, links and contacts for your lenders, access
to export loans in groups to LoanBook, and up to the date market information.
Secondary
LoanDecisions Secondary is a component within the Lock Desk UI and designed to offer
a simple secondary tracking system for those mortgage lenders that do not have a
robust secondary market system.
Secondary personnel can tracking the true delivery expiration, delivery type, loan
commitment number, and the gain/loss on sale.
Loans which have been exported to LoanBook, can be automatically updated from the
LoanBook interface.
Investor Ranking
From any of LoanDecisions' BestX displays, users can rank all of the lender's BestX
price for that loan scenario. Originators can compare the different lender's pricing
and make the selection of their choice.
For each price LoanDecisions provides access to the adjusters which made up the
final net adjusted price, and the guidelines which were used in the eligibility
of the loan.
Custom Pricing
Custom pricing for your own products, regional adjustments, or incentives can be
easily added and can be applied across your business channels and branches. Custom
pricing can also include special rules for the eligibility of loan scenarios.
In addition, you can change the pricing margins on product categories, set user
commission levels, price rounding, change lock day settings by investor, create
custom SRP and Matrices, and much more.
Private Branding
LoanDecisions can be customized to any specific brand to maintain your corporate
identity. Branded login pages, custom "please wait" screens, different
logos by branch and options help keep your brand apparent to your originators.
Branch Management
The LoanDecision branch hierarchy provides management with control over many branch
level settings such as: user groups, pricing margins, investor assignment, exclude
specific investor programs, and much more. Having multiple branches provides flexibility
and control for product reporting and usability.
Loan Comparison
Analyzing different loan products from any BestX display helps originators learn
and obtain information about each loan result. LoanDecisions compares payment and
interest attributes, while comparing a complete amortization across the full term
of each loan. You can compare up to six loans at one time.
Custom Settings
LoanDecisions handles your retail, wholesale, and consumer business channels all
in one account. Flexible options such as selecting which prepayment penalties and
property types are available for your organization, configuring the look and feel
of your pre-approval letter and GFE variables, setting the hours of your lock desk,
configuring password rule options, are just a few of the features that allow you
to easily configure LoanDecisions around your business model.
Integrations
LoanDecisions can be your point of origination and send loan data over to your LOS
(Loan Origination System) or database of record.
LoanDecisions will return the loan and pricing information back to the LOS or database
of record following a pricing selection or a loan registration/lock request.
LoanDecisions also has a set of standard integrations with some of the most popular
mortgage industry LOS and CRM systems.
Pipeline Reporting
LoanDecisions gives originators a simple and easy to use interface which shows each
loan in their pipeline, the last time it was priced, commission, additional data
points, and the current loan status. If the user is a branch manager, AE or corporate
manager, their down line or network of accounts can also be viewed.
Loan Status
LoanDecision provides a loan status page that displays processing milestones as
they are completed.
If you manage your account in any of NYLX's integration partner's systems or have
a custom integration, LoanDecisions can bring back loan status, processing comments,
and stips & conditions automatically to update this page.
AE Auto Email
In the wholesale environment it is important as an AE (Account Executive) to make
sure you are tracking and managing the business from your accounts. NYLX provides
automatic email notifications to AE's at different points of the loan origination
and pricing process.
Mass Email Tools
Communication across your user base and business channels is important. LoanDecisions
provides an easy to edit online interface for composing and delivering your email
communications.
Account Management
Customize how LoanDecisions is used, manage users and branches, manage your system
and pricing settings, and obtain reporting from our powerful account management
interface.
Explore the possibilities a pricing engine has to offer. Give us a call and talk
to one of our sales consultants about your needs. Many of the mortgage industry’s
best-known companies subscribe to our services in support of their data, eligibility
and time-sensitive pricing needs. Start your success story today.
