LoanScorecard’s Portfolio Underwriter technology empowers originators at the point of sale to help them pre-qualify borrowers in real time. The company’s pricing and scenario tool, Pricer1, enables brokers and correspondents to run loan scenarios and instantly determine borrower eligibility for the various loan programs and products offered by LoanScorecard’s clients, accelerating the origination process. Its Bank Statement Analyzer solution helps originators source bank statement data directly from original sources the borrower authorizes and immediately analyzes them to determine income.
- Bank Statement Analyzer reduces underwriting times for these types of loans by 75%
- Clients include Deephaven Mortgage, Angel Oak, NewRez, Caliber Home Loans, and more