# Loansifter Reviews **Vendor:** Optimal Blue **Category:** [Loan Pricing Software](https://www.g2.com/categories/loan-pricing) **Average Rating:** 4.6/5.0 **Total Reviews:** 76 ## About Loansifter Grow your business with Optimal Blue's Loansifter! Claim your one-month free trial with coupon code G2Now at registration. Mortgage brokers can win more business with Loansifter, a powerful product, pricing and eligibility (PPE) engine that supports best execution searches across 120+ wholesale investors. The solution helps brokers access best execution product eligibility and pricing for all loan scenarios in just seconds, with the ability to browse rates from different lenders in a single search. Work smarter and access a wide array of rates – faster – with Loansifter. • Access 120+ wholesale investors • View different rates in one search • Access current rates in real time • Integrate with loan origination systems • Increase web presence with turnkey solutions • Increase efficiency with dynamic searches • Configure and maintain with ease • Create new opportunities for borrowers • Manage and create contacts ## Loansifter Reviews ### 1. Quick, Easy, User Friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Robin S. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Love that you can set scenarios for quick pricing on any loan type. Easy to adjust as comp adjusts. Easy to add investors. Also let's you check on investors to decide if you want to add them on not if pricing is a factor. **What do you dislike about Loansifter?** I cannot think of any right now. The only possible thing I can think of would be the ability to find when someone has a low rate in the rate sheet versus other competitors. Example - every now and then Windsor may have a 5.75% on a VA that is lower than everyone else's 6%. But you have to open up the companies one by one to find out. **What problems is Loansifter solving and how is that benefiting you?** It allows me to quickly look at rates for all of my investors allowing me the benefit of knowing I am doing what is best for my clients. I have one investor who is not on loan sifter and I often don't use them due to the time it takes to individually process them. ### 2. The Only Reliable Pricing Software **Rating:** 5.0/5.0 stars **Reviewed by:** Nathan G. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Time and time again, it has been the only accurate and true source of pricing. I solely used it before switching brokerages and LOS to Arive. Although it has it's own pricing engine, I have found it completely unreliable and inconsistent. Loansifter is accurate, reliable, and easy to use. I don't have to second guess my pricing. **What do you dislike about Loansifter?** Although a recent feature, the loan comparison reports are a little dated and could be better laid out/presented. **What problems is Loansifter solving and how is that benefiting you?** It accurately produces quick results for all of my lender options and their pricing. I also find it a reliable source to run what-ifs on loan scenarios and setups to see if products come up to research even further. ### 3. Most Useful Tool for Brokers **Rating:** 5.0/5.0 stars **Reviewed by:** Jared P. | Enterprise (> 1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Loansifter is a must-have for mortgage brokers with multiple wholesale lender relationships. It's the first place I go when I have a loan scenario that I'm not sure which lender(s) will either offer a product or be sharply-priced on. **What do you dislike about Loansifter?** Loansifter is dependent on the administrator who sets it up (for accuracy) so occasionally the pricing is inaccurate for things like company-specific incentives or borrower-paid vs. lender-paid comp. **What problems is Loansifter solving and how is that benefiting you?** Loansifter helps me quickly find an eligible lender for the difficult or unique loan scenarios. With over 100 different lenders in our approval network, it's the most efficient way to place loans. ### 4. Great for a Quick Check **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Banking | Mid-Market (51-1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I like that I can go on loansifter and see what lenders are pricing our exceptionally well in certain areas. It can be nice to help narrow down where to go when you have a particular loan. It is also good to see how the market moves affect pricing even when you are not looking for a certain scenario **What do you dislike about Loansifter?** The pricing on loan sifter doesn't always match the lender site. There are certain lenders who are more accurate than others. It can be a bit deceiving, so I always recommend to check lender site too before relaying to client. **What problems is Loansifter solving and how is that benefiting you?** It gives me a quick overview of where all lenders are in regards to pricing. It can be a very effective way to determine the best lenders to seek out when you have a certain scenario ### 5. Quick and Reliable Pricing **Rating:** 5.0/5.0 stars **Reviewed by:** Sarah M. D. | NMSI INC- Wholesale Account Executive, Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I like that I can log into Loansifter and quickly retrieve my client's price. It allows me to see how competitive I am and also to compare different note rates. **What do you dislike about Loansifter?** I wish that Loansifter would not require the text code at login as often. I also feel like pricing non-QM products is less intuitive than pricing conforming products. **What problems is Loansifter solving and how is that benefiting you?** I can see how the company I work for stacks up against the competition, which is extremely helpful in my marketing efforts. I can know where I have an advantage over other lenders. ### 6. I need Loansifter **Rating:** 4.5/5.0 stars **Reviewed by:** Mazda K. | Branch Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Helps me "sift through" lenders to get an idea of where to put my loans. From there I reach out to the 2 or 3 lenders that would be the best candidates. **What do you dislike about Loansifter?** Not entirely accurate for every lender. Some lenders pricing pops up in lender paid comp when it is actually borrower paid comp pricing which can throw you off. **What problems is Loansifter solving and how is that benefiting you?** Helps me determine what lender to go with on any particular loan. I am a wholesale broker so I need to go through about 80 lenders to find the right home. ### 7. Easy to check rates fairly quickly **Rating:** 4.5/5.0 stars **Reviewed by:** Lorraine H. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** Nice to be able to get an indication of which lenders are leading in the wholesale market. **What do you dislike about Loansifter?** I don't like to have to get texted every time I log in to a different computer or my iPad etc. this is new and sort of annoying. If I haven't been using sifter for a couple of weeks I understand but I often use different platforms so always having to get texted almost every time I login is cumbersome. **What problems is Loansifter solving and how is that benefiting you?** Pricing and finding programs and sometimes seeing why programs are not eligible. ### 8. Loan Sifter is AMAZING **Rating:** 5.0/5.0 stars **Reviewed by:** Jordan H. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** The most helpful thing about loansifter is that it is automatically sorted for the criteria we are looking for , Sorting out the best rates possible for the least amount of cost makes a very easy and smooth process for me to communicate with the client. **What do you dislike about Loansifter?** Not too much downsides about loan sifter. One thing I will say is that we have alot of bank statement leads and it doesnt seem easy to find pricing for bank statements. We usually have to go directly to the lender for their pricing. **What problems is Loansifter solving and how is that benefiting you?** Loan Sifter is getting me loans by offering the best pricing available. Telling my clients that I am shopping with around 25 lenders and offering the best pricing is a smooth sale and makes clients very intrigued. ### 9. LoanSifter is our top tool! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** September 16, 2021 **What do you like best about Loansifter?** It really helps us price out our loans without having to price at 15 different investor sites. Saves us a ton of time. **What do you dislike about Loansifter?** The new format is has taken some time to get used to. Would like it to be easier to see all rates as it was before. There are some lenders whose pricing is not always accurate but that seems to be an issue on their end. **What problems is Loansifter solving and how is that benefiting you?** Saves a ton of time by checking rates and program availability for all investors/lenders rather than checking on each individual lender site. We still double check pricing at each lender and lock directly on the investor site but it helps us get the pricing for the top few lenders. ### 10. Easiest and Most Accurate Pricing Engine **Rating:** 5.0/5.0 stars **Reviewed by:** Nick S. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I have tested all of the pricing engines out there. Loan Sifter has the most lenders and accurate pricing and is super easy to use. I find it crazy if a Loan Officer doesn't use it. **What do you dislike about Loansifter?** Nothing, it is straightforward and just yesterday I tested the accuracy and it was very accurate. **What problems is Loansifter solving and how is that benefiting you?** Able to price all 40 of our wholesale partners in one easy to use website. ### 11. LoanSifter makes quoting a breeze **Rating:** 5.0/5.0 stars **Reviewed by:** Callie D. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I can look at all the rate options available for each lender we work with and compare what is the best option for my clients **What do you dislike about Loansifter?** The PMI is not accurate for each lender. **What problems is Loansifter solving and how is that benefiting you?** I can look at rate options and programs all at once for a client and quote accurately. I do not have to login to each lender to get pricing. ### 12. Good indicator, not always accurate **Rating:** 4.0/5.0 stars **Reviewed by:** Ron K. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 23, 2023 **What do you like best about Loansifter?** It gives me a good indication of which lender I should be looking at **What do you dislike about Loansifter?** Pricing is not always accurate, close but not perfect **What problems is Loansifter solving and how is that benefiting you?** I use loansifter to compare the pricing of all our lender partners. It gives me a good indication of where to start. I always confirm pricing with the lender before quoting to a borrower ### 13. Great Tool For Loan Originators **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** It lays out all the different lenders and gives the proper LLPA's. It helps me communicate where I should send my loans to help my clients get the best pricing. **What do you dislike about Loansifter?** It will occasionally include lenders on a loan scenario that the lender is not able to actual accept and underwrite. It typically occurs when its a lower FICO score client. **What problems is Loansifter solving and how is that benefiting you?** It allows me to check pricing with over 50 different lenders in a matter of minutes. It saves me time from having to look at each lender individually in their separate portals. ### 14. LoanSifter simplifies my loans **Rating:** 5.0/5.0 stars **Reviewed by:** TYLER A. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I love how quickly I am able to find the pricing on pretty much 90-95% of my loans. **What do you dislike about Loansifter?** It would be helpful to include more complex loan types such as different types of non-qm. **What problems is Loansifter solving and how is that benefiting you?** LoanSifter helps me price out my loans quickly so I can beat out other competition. ### 15. Awesome **Rating:** 5.0/5.0 stars **Reviewed by:** Phil W. | A, Small-Business (50 or fewer emp.) **Reviewed Date:** February 22, 2022 **What do you like best about Loansifter?** The ease that we can price out dozens of our lenders with 1 click **What do you dislike about Loansifter?** Sometimes pricing is slightly off but LoanSifter usually catches the issue and notifies us **What problems is Loansifter solving and how is that benefiting you?** Time time time Easy to use interface that saves us a lot of time in pricing out our 20 lenders ### 16. The best out there **Rating:** 4.0/5.0 stars **Reviewed by:** Dylan N. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** I like that loan sifter has access to so many different lenders and customization. It also supplies a quick link to guidelines and overlays for each paticular lender. **What do you dislike about Loansifter?** The cost seems a bit high. I'd like access to more lenders and quicker updates on pricing. **What problems is Loansifter solving and how is that benefiting you?** Pricing loans ### 17. Time Saver **Rating:** 5.0/5.0 stars **Reviewed by:** Jordan W. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Looking up multiple lenders pricing at once **What do you dislike about Loansifter?** It cost extra to link LoanSifer to your LOS. **What problems is Loansifter solving and how is that benefiting you?** Saves time by not having to log in and price lenders individually. Saved senerios makes it easy to recheck pricing on a specific loan daily. ### 18. Visually clear and appealing **Rating:** 4.5/5.0 stars **Reviewed by:** Romy R. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Visual clarity and easy navigation around the pages **What do you dislike about Loansifter?** Not functional enough for today's pricing needs **What problems is Loansifter solving and how is that benefiting you?** Pricing on the fly from many different lenders. Discover promotional lenders with competitive pricing. Identify loan types from lender that fit our borrower needs. ### 19. Great Resource for Loan Officer **Rating:** 5.0/5.0 stars **Reviewed by:** Alicia M. | Real Estate Agent, Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Ability to see multiple lenders and their pricing all in one location **What do you dislike about Loansifter?** That you can't remove the lenders that you don't use from the search results **What problems is Loansifter solving and how is that benefiting you?** Saving time by getting quick glimpse of pricing when offering quotes, etc ### 20. A Must Have If You Want to Win & Keep Your Loans! **Rating:** 5.0/5.0 stars **Reviewed by:** Tim R. | Enterprise (> 1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** A great tool to shop all your lenders, and we work with over 200. I'm an MLO & NEXA Academy Instructor, I highly recommend Loansifter as a Must Have Application! **What do you dislike about Loansifter?** Nothing, the only issue I've ever heard is accuracy, but that's only when the market is moving fast. We can't expect Loansifter to be 100% when lenders reprice all at once. **What problems is Loansifter solving and how is that benefiting you?** No problems for me. It's an awesome application and a must have IMO. ### 21. Great resource all brokers need **Rating:** 4.5/5.0 stars **Reviewed by:** Robbie K. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** Quick access to all wholesalers. Easy to save default scenarios. **What do you dislike about Loansifter?** It takes a long time to configure all wholesalers manually. Occasionally pricing is off for some obscure lenders. **What problems is Loansifter solving and how is that benefiting you?** Quick access to pricing across all wholesalers ### 22. Amazing for mortgage brokers **Rating:** 5.0/5.0 stars **Reviewed by:** Mikiah A. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I love loan sifter because it helps me see all the different rates from different lenders with ease. It's great for us to help our consumers and shop for the best rates. **What do you dislike about Loansifter?** No complaints at all to be honest! The only dislike is it's a bit pricey **What problems is Loansifter solving and how is that benefiting you?** Loan sifter allows me to see all the different rates from our partnered lenders which allows us to ultimately find the best pricing for our clients. ### 23. Saves times for brokers **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I like the ability to be able to review pricing with several different lenders. It's not always 100% accurate and not all lenders. Use this platform as the price for entry can be high for some. Currently there's not a lot of options for this type of tool **What do you dislike about Loansifter?** Expensive for lenders to get onboarded. Not all lenders use it not 100% accurate but still very good. They went off-line about four years ago and had zero tech support and zero support of anytime. Rare but we were unable to use for several days during a busy time. **What problems is Loansifter solving and how is that benefiting you?** I don't have to go to several lenders website to get a quote. ### 24. It is very easy to use **Rating:** 5.0/5.0 stars **Reviewed by:** Amy S. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I can quote the lowest rate for my clients. **What do you dislike about Loansifter?** Some of the lenders have different rates on their websites so it doesn't always match. **What problems is Loansifter solving and how is that benefiting you?** It is helping me solve the quoting rates for clients. ### 25. the best way to search rates **Rating:** 4.5/5.0 stars **Reviewed by:** Jeff S. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** The easiest user interface out there. You get what you pay for **What do you dislike about Loansifter?** Some lenders do not like to add you if your not doing enough business due to the cost **What problems is Loansifter solving and how is that benefiting you?** massive time saver. ### 26. Gets The job Done **Rating:** 5.0/5.0 stars **Reviewed by:** Tracie S. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** I like that I can access so many lenders in one place and do a product comparison **What do you dislike about Loansifter?** It submits tickets often which requires me to start over **What problems is Loansifter solving and how is that benefiting you?** One stop shop to get rates ### 27. Great tool if you can get all your investors to participate **Rating:** 4.0/5.0 stars **Reviewed by:** Michael Y. | Regional Manager; NMLS: 199744; 602-402-9999, Mid-Market (51-1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Easy to use and modify scenarios. Pricing seems to be accurate. **What do you dislike about Loansifter?** Not all of our approved lenders are in there. **What problems is Loansifter solving and how is that benefiting you?** Spending time contacting AE's for pricing or going into everyone's systems. ### 28. Very accurate and user friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Daniel W. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** My favorite part when working with loan sifter is the accuracy. **What do you dislike about Loansifter?** Sometimes loan sifter does not show Rocket Mortgages rates accurately. **What problems is Loansifter solving and how is that benefiting you?** Allows me to efficiently price out loans. ### 29. Very Necessary Tool **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Wholesale | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** LoanSifter helps me determine who has the best pricing for my clients different scenarios. I can easily change the terms or program and see what is the best fit for my clients **What do you dislike about Loansifter?** I wish you could price out multiple ARM scenarios, rather than having to choose the 5, 7, or 10 individually. I also wish you could do a 30 and 40 year term at the same time. I also find that some lenders have incorrect pricing posted. **What problems is Loansifter solving and how is that benefiting you?** Saves time comparing pricing at different lenders. I can save scenarios and see who is coming in and out of the market with certain products ### 30. Good, consistent service **Rating:** 5.0/5.0 stars **Reviewed by:** Mark Y. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** User-friendly interface and overall ease of use. **What do you dislike about Loansifter?** The rates are not updated throughout the day. **What problems is Loansifter solving and how is that benefiting you?** It saves time by allowing me to shop multiple lenders at once ### 31. Easy to use and easy to learn for new users. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** I like the vast amounts of filters that they offer to accurately price out rates for my clients. **What do you dislike about Loansifter?** Sometimes the platform has issues where I am not able to log in and have to wait a bit to retry again. **What problems is Loansifter solving and how is that benefiting you?** Loan swifter helps me compare different rates with many different lenders and helps me price out the best rates for my clients. ### 32. Easy to use and every relevant lender at your figure tips. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 23, 2023 **What do you like best about Loansifter?** Functionality. It has every relevant lender we use on the site and the rates are easy to read. **What do you dislike about Loansifter?** Cost. Not bad for a single user but if you have a team $80+/- a login adds up fast. **What problems is Loansifter solving and how is that benefiting you?** I like that it integrates with Lending Pad and can pull in your scenario. ### 33. Best Time saving tool for a mortgage broker. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Going to each lender to price a loan scenario is incredibly time-consuming. With Loansifter, I only have to input the scenario once. I immediately get the list of lenders that meet the loan criteria with the lender options to choose the best rate for my clients and the best pricing for me as a Loan officer. **What do you dislike about Loansifter?** On occasion, the pricing in Loansifter has been incorrect. Usually showing better proving in Loansifter than what the lender is actually offering **What problems is Loansifter solving and how is that benefiting you?** Saves me from having to go to every lender for pricing. ### 34. Pretty useful for daily interest rate searching. **Rating:** 4.0/5.0 stars **Reviewed by:** Belle C. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 23, 2023 **What do you like best about Loansifter?** Easy to get information. User friendly. I can share the point with my coworkers easier. **What do you dislike about Loansifter?** Nothing. It's pretty easy to use and get rates daily. Nothing is too difficult for users. **What problems is Loansifter solving and how is that benefiting you?** I have a computer expert in house who can help set up the accounts for us. ### 35. Mortgage Broker **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** September 16, 2021 **What do you like best about Loansifter?** We can shop several lenders all at once and save scenarios. Makes comparing so much easier. **What do you dislike about Loansifter?** All the bugs and glitches. It times out or has site issues and endless spinning. **What problems is Loansifter solving and how is that benefiting you?** All the bugs and glitches. It times out or has site issues and endless spinning. ### 36. We will continue to use Loan Sifter on a daily basis! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Loan Sifter always gives our company a good idea of what type of rates to expect for our clients. **What do you dislike about Loansifter?** Some lenders don't reflect the highest rate available. Especially for clients with lower credit scores. **What problems is Loansifter solving and how is that benefiting you?** Lenders to update pricing to be more accurate for Brokers. ### 37. Excellent **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Big fan of LoanSifter. Super easy to use, saves tons of custom scenarios, easily compares all lender partners. **What do you dislike about Loansifter?** There's not much to dislike. Maybe would hope I could pay a littel less per month. **What problems is Loansifter solving and how is that benefiting you?** Easily compares all of my lenders' pricing with quickness ### 38. easy to use **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Loansifter?** ease of use, being able to target rate or price, sort by apr. **What do you dislike about Loansifter?** Certain lenders need a double check. Could be special pricing with your brokerage could affect loan sifter's results **What problems is Loansifter solving and how is that benefiting you?** Loansifter helps you be independent. As a broker, that is vital ### 39. Helpful **Rating:** 4.5/5.0 stars **Reviewed by:** austin c. | Enterprise (> 1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Seeing so many lenders at the same time with current pricing **What do you dislike about Loansifter?** IT really needs to have a PMI calculator added in like OP has. This would be extremely helpful **What problems is Loansifter solving and how is that benefiting you?** It saves a lot of time and is very quick to find pricing ### 40. Variety of banks in an instant **Rating:** 5.0/5.0 stars **Reviewed by:** Moshe K. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Deciding which bank to use for each client **What do you dislike about Loansifter?** Not always up to date , when rates are changing it still shows old rates **What problems is Loansifter solving and how is that benefiting you?** See what program fits the client . Zip code usage for max loan limits in low cost areas ### 41. Love this! **Rating:** 5.0/5.0 stars **Reviewed by:** Duane B. | Branch Leader - Richmond, VA , Mid-Market (51-1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Sort and compare, quickly and easily. Very efficient **What do you dislike about Loansifter?** Costs, but no body rides for free. I have a few free pricing options as well but they pale by compariosn **What problems is Loansifter solving and how is that benefiting you?** Pricing, sorting, comparing with live updated rates ### 42. A Needed Service **Rating:** 4.5/5.0 stars **Reviewed by:** Heidi G. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** On the whole a great product. Easy to read layout, lots of options to run scenarios. **What do you dislike about Loansifter?** My only complaints are when the program periodically isn't available and I hate the two-part authentication. **What problems is Loansifter solving and how is that benefiting you?** Efficiency, rate demonstration ### 43. Good platform, overpriced for what it does **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Comparing all lenders side by side to see up-to-date pricing **What do you dislike about Loansifter?** Monthly cost is exorbitant for what you get. **What problems is Loansifter solving and how is that benefiting you?** Saves a bit of time in not having to go to different lenders' sites ### 44. Consumer Friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Ramzi A. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 23, 2023 **What do you like best about Loansifter?** Its great. It really helps with generating multiple loan scenarios and pricing methods. **What do you dislike about Loansifter?** It crashes alot. Multiple points throughout the day, the system will crash. **What problems is Loansifter solving and how is that benefiting you?** Matching competitive pricing ### 45. Broker Owner **Rating:** 5.0/5.0 stars **Reviewed by:** Giancarlo A. | Teacher, Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** The ability to see the details on all competitors. **What do you dislike about Loansifter?** Sometimes it's confusing to look at the details. **What problems is Loansifter solving and how is that benefiting you?** Looking at down payment assistance. ### 46. Works as advertised **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** When having multiple investors, loansifter saves time pricing out loans. **What do you dislike about Loansifter?** Loansifter seems to have outages when big reprices happen. **What problems is Loansifter solving and how is that benefiting you?** Saves time. ### 47. Overall a good tool **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Loansifter?** Great place to find rates for pretty much all the lenders out there. **What do you dislike about Loansifter?** The two factor login is cumbersome and disrupts workflow efficiency. **What problems is Loansifter solving and how is that benefiting you?** It's a quick search engine to determine what lender to double check rates for and to submit a loan to those lenders. ### 48. I want the old Loan Sifter back **Rating:** 2.0/5.0 stars **Reviewed by:** Adam S. | President/owner, Small-Business (50 or fewer emp.) **Reviewed Date:** September 16, 2021 **What do you like best about Loansifter?** Product eligibility and pricing for non-QM loans.; this isn't a big deal, I would rather have the old Loansifter back. **What do you dislike about Loansifter?** The old Loansifter allowed you to easily generate a PDF with search input values and results; the new Loansifter does not. In fact, I don't know of a way to capture input values and results for scenario. I sometimes do a screenshot, but the input values are usually cut-off from scrolling down the page. The old Loansifter had a loan comparison feature; the new Loansifter does not. The new Loansifter Encompass integration makes you close out of the search before you can flip back to the loan in Encompass; the old Loansifter allowed you to easily jump back and forth from Loan and Services tab. The old Loansifter was simply more efficient with inputting searches and "sifting" through search results. Where is the old Loansifter software? Did you sell it? **What problems is Loansifter solving and how is that benefiting you?** I have more efficiency problems with new Loansifter compared to the old one. **Official Response from Chaeli Walker:** > Hi Adam, We're sorry to hear you were less than satisfied based on your recent review. We pride ourselves on our ability to provide the best quality products and exceptional customer support, but we understand there is always room for improvement. Can you send us an email at loansifter@optimalblue.com with your contact information so we can discuss your experience and the enhancements we are working on to address many of the services you referenced in your review? We appreciate your honest feedback. ### 49. Good product with great potential **Rating:** 4.5/5.0 stars **Reviewed by:** Daryn F. | Partner + Financial Advocate (Loan Originator), Small-Business (50 or fewer emp.) **Reviewed Date:** September 16, 2021 **What do you like best about Loansifter?** The product is dependable and provides immediate results for interest rate and pricing results. It is also very helpful to have the lender product matrix and guidelines available when reviewing the results of the inquiry. **What do you dislike about Loansifter?** The tool is not compatible with our LOS, LendingPad, as brokers. We cannot extrapolate the data to populate a consumer-facing pricing tool. These features would benefit us greatly as brokers and give us a competitive advantage over direct lenders and retail lenders. **Recommendations to others considering Loansifter:** This is a great product for what it's built for and best in class. We reviewed several pricing engines and LoanSifter is the best tool for brokers. **What problems is Loansifter solving and how is that benefiting you?** We are able to pull rates and pricing on the go and. this allows us to provide our clients with quick and accurate pricing options. ### 50. Best Tool for Rate Shopping **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** February 26, 2022 **What do you like best about Loansifter?** Loansifter is the best tool to get real-time quotes from all the lenders you work with so you can shop for the best rate/cost for your client. If you are thinking about new lenders, you can view promotional lenders as well to decide if you need to add a new lender to your mix. It saves time with so many of the great features. You can save the scenarios (I add the client's last name to the front) so when a client calls back or you are reshopping a new purchase, all you need to do is update a couple pieces of information and you have a new quote. I remember the days of pulling out the rate sheets and making all the manual calculations...this is just so much easier. Saves time so we can work with more clients or take the afternoon off!! This is a real tool that we can't live without! **What do you dislike about Loansifter?** I wish that the appraised value screen was easier to work with. It's not necessary on a purchase and would save a step in making changes on scenarios. Also, if the scenario is 80%, would be nice to consider that the default unless the LO changes it, again saving an additional step. Also, we use Byte Pro Online and I wish we still had the interface from inside Byte that let us push the scenarios out from our LOS. Next on my wish list. Occasionally, there are issues with inaccurate pricing but it's usually a lender error on the rate sheet provided or information given to LoanSifter. **What problems is Loansifter solving and how is that benefiting you?** Getting real-time and accurate pricing. The benefit is the time savings and the speed we can work with to identify the right lender. Particularly on a fast-moving market day... ## Loansifter Discussions - [What is Loansifter used for?](https://www.g2.com/discussions/what-is-loansifter-used-for) - [View Loansifter pricing details and edition comparison](https://www.g2.com/products/optimal-blue-loansifter/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-15+22%3A00%3A28+-0500&secure%5Bsession_id%5D=7b5c81b5-07fa-416c-9784-ad81f8a3e291&secure%5Btoken%5D=1e686b86e058b39b8ef324602c0e7307f7083cd6fc66aff8c30b4d17238a525a&format=llm_user) ## Loansifter Features **Pricing Tools** - Scenarios - Rule Management - Pricing Data - Margin Management - LOS Integration ## Top Loansifter Alternatives - [PrecisionLender](https://www.g2.com/products/precisionlender/reviews) - 4.5/5.0 (2 reviews) - [ReadyPrice](https://www.g2.com/products/readyprice/reviews) - [Lender Price](https://www.g2.com/products/lender-price/reviews)