PrecisionLender Reviews & Product Details

Loansifter operates the mortgage industry's digital marketplace which connects lenders, investors and providers with comprehensive secondary marketing solutions, market leading capabilities and value-added services that deliver results.

ReadyPrice creates mortgage technology for the modern era, making it even easier for mortgage loan originators and lenders to work together. With ReadyPrice, MLOs take back control of the loan process, having the ability to manage and choose their pricing, run automated underwriting, and deliver approved loans with the click of a button, creating a win-win for brokers and lenders alike.

LoanPricer the Mortgage Pricing Engine puts you in charge by giving you a powerful central hub to manage loan offers for all of your current and prospective borrowers. It provides you with your best pricing, immediately and automatically, without wasting time searching multiple investors, websites to find the best pricing for your leads and customers.

Real-Time Competitive Analytics & Pricing Engine (PPE)

LoanPricingPRO is an advanced tool designed to assist financial institutions in strategically pricing commercial loans by leveraging real-time metrics. Developed by FORVIS, this platform enables lenders to manage and expand their loan portfolios by considering the value of existing customer relationships and optimizing proposed loan terms through real-time profitability analysis. By moving beyond intuition-based pricing strategies, LoanPricingPRO provides a data-driven approach that enhances decision-making and profitability in today's competitive lending environment. Key Features and Functionality: - Benchmark Calculator: Offers profitability-enhancing recommendations to guide strategic loan pricing decisions. - Relationship-Based Pricing: Evaluates the total value of customer relationships, including existing loans, deposits, and related accounts, to inform pricing strategies. - Custom Risk-Adjusted Pricing: Allows for tailored pricing models that account for varying levels of credit risk and interest rate risk. - Product-Specific Expense Allocations: Enables precise allocation of expenses to specific loan products, ensuring accurate profitability assessments. - Configurable ROE Targets: Provides the flexibility to set minimum and desired Return on Equity targets, aligning loan pricing with institutional profitability goals. LoanPricingPRO's multidimensional reporting capabilities allow financial institutions to delve into meaningful data layers and track performance through an intuitive dashboard. This facilitates objective analysis and informed decision-making. Primary Value and Problem Solved: LoanPricingPRO addresses the challenge many financial institutions face when relying on intuition for loan pricing, which can lead to unclear profitability outcomes. By providing a quantitative and strategic approach to loan pricing, the platform eliminates guesswork, enabling lenders to make informed decisions that enhance profitability. This is particularly crucial in today's competitive lending environment, where precise and data-driven pricing strategies are essential for success.