BestX DocTypeYou select the programs and BestX DocType will maximize your
opportunities across six documentation types.
The BestX DocType is displayed on one screen that includes six different documentation types.
BestX LenderBestX Lender displays a full pricing matrix across three different lock
periods showing the lender with the best price for each rate category. You select the documentation type and product and let BestX Lender provide the top lender for each rate category.
Lender Ranking
Obtain a ranking of all eligible lenders for a specific rate from any best-execution pricing display.
GuidelinesView the adjusters or guidelines on any program from any best-execution pricing display page. Program guidelines display the maximum allowable limits for your current loan and show limits if you changed your scenario.
Adjusters
View the adjusters which made up the net adjusted price from any of the BestX outputs. Each of the adjustments that hit will be displayed for rate, margin, and price.
EligibilityView eligibility results across every eligible program from all of your delegated lenders.
You can compare programs side by side by clicking on the compare checkboxes. You can also view the rejects and reasons for ineligibility, or price any eligible program.
Credit GradingBrokerToolz has a very robust credit grading qualification system. It takes into account mortgage/rental history, the number of total trade lines, the number of active trade lines, the number of trade lines that have ratings and history, chapter 7 and 13 bankruptcy and NOD/foreclosure seasonings.
Loan ComparisonCompare any two programs in one easy to understand display. View each year’s total payments, principal and interest paid, and ending balance.
Lead ManagementManage all of your leads from one centralized location. The BrokerToolz’s lead management navigation is easily customizable to the way you do business. It allows you to assign potential customers to your custom statuses along with setting tasks for each. You can also customize the pipeline display with the click of a mouse.
Task ManagementView tasks for your leads. You can create, view, and delete tasks in one centralized location. Additional displays include tasks across all of your leads, with sortable columns. Tasks can be accessed and created from any page in the system.
Mass EmailsEmail individual leads or send emails to every lead according to lead status. Emails can be created with an online HTML editor and templates can be saved for more frequent emails.
ImportUsers can import files into BrokerToolz for lead management and pricing. Priced loans may also be exported via the FNMA 3.2 into your POS or LOS system.
