Sort and compare, quickly and easily. Very efficient Review collected by and hosted on G2.com.
Costs, but no body rides for free. I have a few free pricing options as well but they pale by compariosn Review collected by and hosted on G2.com.
On the whole a great product. Easy to read layout, lots of options to run scenarios. Review collected by and hosted on G2.com.
My only complaints are when the program periodically isn't available and I hate the two-part authentication. Review collected by and hosted on G2.com.
Comparing all lenders side by side to see up-to-date pricing Review collected by and hosted on G2.com.
Monthly cost is exorbitant for what you get. Review collected by and hosted on G2.com.
Its great. It really helps with generating multiple loan scenarios and pricing methods. Review collected by and hosted on G2.com.
It crashes alot. Multiple points throughout the day, the system will crash. Review collected by and hosted on G2.com.
The ability to see the details on all competitors. Review collected by and hosted on G2.com.
Sometimes it's confusing to look at the details. Review collected by and hosted on G2.com.
When having multiple investors, loansifter saves time pricing out loans. Review collected by and hosted on G2.com.
Loansifter seems to have outages when big reprices happen. Review collected by and hosted on G2.com.
Great place to find rates for pretty much all the lenders out there. Review collected by and hosted on G2.com.
The two factor login is cumbersome and disrupts workflow efficiency. Review collected by and hosted on G2.com.
Product eligibility and pricing for non-QM loans.; this isn't a big deal, I would rather have the old Loansifter back. Review collected by and hosted on G2.com.
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? Review collected by and hosted on G2.com.
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.
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. Review collected by and hosted on G2.com.
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. Review collected by and hosted on G2.com.
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! Review collected by and hosted on G2.com.
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. Review collected by and hosted on G2.com.