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johnw76

76 Posts

Posted - 04/01/2008 :  10:35:56 AM
If you are a mortgage broker or banker and looking for the most powerful real-time product eligibility and pricing engine on the market, look no further!

If you are looking to maximize yield on each and every loan that comes through the door, then you need to see this platform. It will allow LO's to search investor pricing (real-time and 99.9995% accurate) in a matter of seconds (no more rate sheets, waiting for AE's to call you back or jumping from lender site to site), but at the same time the engine will scrub against investor specific guidelines that are updated on a daily basis. LoanDecisions will search Conforming, Alt-A, FHA, VA and subprime (or whats left of it out there).

LoanDecisions has proven to be THE top profit engine in the mortgage industry, but the great news is it is now more affordable for smaller brokers and bankers than ever before. Please visit us at www.nylx.com to learn more about all of our products and services.

Don't miss this chance to become the MOST competitive lender in town. Please visit us today at www.nylx.com and be sure to schedule an online demonstration (http://nylx.com/demo.htm)! With this platform you will see profits increase $500-1,000 per deal! Should you have any questions, please don't hesitate to call or email me.

Thanks,

John Wagner
NYLX, Inc.
Southeast Regional Sales Manager
Office: (904) 235-5277
Cell: (904) 334-0704
jwagner@nylx.com
www.nylx.com
Managing Prime

2804 Posts

Posted - 04/01/2008 :  1:47:08 PM
This thread should be of interest:
http://www.brokeroutpost.com/loans/brokers/forum/topic.asp?TOPIC_ID=213103

Also, I've been waiting for a call from a Rep. Thanks.
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CoralSnake

11182 Posts

Posted - 04/01/2008 :  1:59:36 PM
Very often, you still need to speak with a rep since there are guideline issues etc..
johnw76

76 Posts

Posted - 04/02/2008 :  06:09:27 AM
Coral,

As a matter of fact, guidlines aren't an issues because those are updated DAILY in our system (and can be customized if you have your own set of guidelines). Also, we put a set of the investors guidelines in the system for a reference point (as long as you know what to look for it is all there and eliminates the need to call the AE).

Now don't get me wrong...AE's are very useful and very helpful. NYLX is there to take some of the grunt work off their plate (like pricing loans).

Thanks,
johnw76

76 Posts

Posted - 05/15/2008 :  06:40:35 AM
NYLX has just made Loan Officer's lives even easier. We have just rolled out an auto-price feature that makes LoanDecisions a "proactive" pricing system.

How it works- after a loan scenario has been put into NYLX, the LO can set up 3 times in the system for the loan to be re-priced with their investors. Once a certain target rate or price has been met, it will alert the LO through email!

Being a former originator of 8 years, this is a tremendous feature as it allows you to spend your days hunting for business rather than pricing loans.

For a free online demo or to read more about NYLX, please visit us at www.nylx.com.
Managing Prime

2804 Posts

Posted - 06/13/2008 :  1:30:44 PM
Please drop Erica Walker a line at e-rock25 @ earthlink dot net
homebroker@sbcgl

3814 Posts

Posted - 06/16/2008 :  10:10:35 PM
I use NYLX, a great system indeed!
FLProcessor

442 Posts

Posted - 06/16/2008 :  11:51:08 PM
Do you still have the outrageous setup fee?
johnw76

76 Posts

Posted - 06/17/2008 :  05:27:16 AM
We have a few different pricing models- the newest option is a one time $1,500 set up fee and $59.95 per user (month to month as we have no long term contracts). Obviously this works out great for smaller broker or correspondent shops. However, under this model we do have a five user minimum.

If anyone has any questions about pricing or our pricing solutions, please call or email. I wish everyone continued success in this crazy market we're in right now!

johnw76

76 Posts

Posted - 06/30/2008 :  11:54:45 AM
Still not sure which investor's are providing the best pricing day in and day out? Or how about guidlines changes- how can we possibly keep up with those?

Well NYLX is here to help ease the pain! If you are a broker or correspondent lender that have problems placing loans, you need NYLX and LoanDecisions. This is the most accurate, feature rich real-time product eligibility and pricing solution on the market today.

STOP leaving money on the table month in and month out- demo NYLX and see just how our solutions will help you maximize profits on each deal! Don't leave profit to chance!
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