LoanSifter, a Web-based loan product eligibility and pricing tool, has expanded its offering given the shift from broker to banker, to include LoanSifter Banker Edition to help automate backend processes. LoanSifter Banker Edition is a single product eligibility and pricing solution for bankers, credit unions and community banks. The product includes an automated rate sheet generator, a wholesale/third-party originator Web portal, an online 1003 mortgage application, and an upcoming bulk-pricing tool. These features expand on the original LoanSifter solution, consisting of a secondary pricing engine, scenario rate alerts and monitoring, custom e-mail rate campaigns, open house flyers, website quoting, and lead auto-quoting.
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