LoanSifter Integrates With Calyx Point
Loan Originators Share Loan Data With Non-prime Search Engine Without Leaving Point
May 2007 - LITTLE CHUTE, WI - LoanSifter, the industry's most accurate comparison search for non-prime pre-approvals, and CalyxÒ Software, makers of the award winning Calyx PointÒ loan origination and processing system, today released an interface allowing the integration of LoanSifter’s search to Calyx Point.
LoanSifter uses the Calyx WebConnect technology, ensuring complete compatibility with Point and Point Data Server. WebConnect allows Loan Originators to launch LoanSifter directly from inside Point, enabling Point users to send loan data without leaving the Point application.
“Using WebConnect, you are now able to transfer borrower loan scenarios from Point directly into LoanSifter,” explains Craig Doriot, LoanSifter’s Chief Technology Officer. “LoanSifter thoroughly analyzes all of the subprime and ALT-A programs from the top subprime wholesalers and matches it against your borrower's scenario. We provide side-by-side comparisons of different types of products laid out in a powerful and simple manner, with easy sorting between product types, pricing, and YSP, along with many additional filtering options for the power user.”
LoanSifter offers accuracy, flexibility, and an impressive set of features. Each search provides accurate, fully-adjusted rates, lender fees, and product stipulations from the top lenders. Loan Originators can re-run scenarios with borrower adjustments to understand the effect paying off a certain debt or clearing up credit will have on the loan. A simple e-mail function makes it easy to pass the results on to selected AEs. LoanSifter properly evaluates how to handle credit scores for each individual lender. LoanSifter looks at the documents ma