# 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&#39;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.


## 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/loansifter-review-590974?section=pricing&secure%5Bexpires_at%5D=2026-05-13+15%3A56%3A27+-0500&secure%5Bsession_id%5D=3f230cb7-e196-4964-9bd2-dad1fc0702d5&secure%5Btoken%5D=eeebcef6b8c952c4f2352d9f6e31b0a284272e0b810fd88c95290f9aafa772fd&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)

