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business purpose lending.
Second-fastest quote loses the loan. DSCR, fix and flip, bridge, and construction, on your rules.
What happens on the desk
Under your sizer
Under LoanPASS
4pm DSCR call
A number tomorrow
Quoted in the call
Investor tightens a floor
Yesterday’s quotes are wrong
Change it once. Shelf follows.
New flip strategy
Waits on the workbook
Live in minutes. No code.
Two AEs, same deal
Two answers
One answer. Live rules.
Volume doubles
Hire, or the queue grows
They quote themselves
From a business purpose lender
“Their pricing engine is best-in-class for construction and fix-and-flip loans.”
EVP Correspondent Lending Division, Oaktree Funding Corp
One engine. The desk changes.
Your products, rate sheets, and adjustments. No code.
The deal
Answer first
The broker works with whoever comes back first. You quote in the call.
The bps
Hold the margin
Change a floor once. The whole shelf follows.
The program
Launch this week
A new program goes live in minutes. No ticket.
Your sizer became the bottleneck
On the desk
Tomorrow’s number
They call at 4pm, and you quote tomorrow. The broker already took the file elsewhere.
On the desk
Last quarter’s tab
The floor moved, and yesterday’s quotes did not. You leak bps or buy a loan the investor will not take.
On the desk
The program waits
The new strategy sits until the workbook owner is free. The demand moves on without you.
On the desk
Two AEs, two versions
Same deal, two answers. The broker stops trusting the next quote.
What the deal actually turns on
Your products. Your investors. Your margins.
Deal type
DSCR
DSCR floors, LTV bands, investor overlays. Quoted in the call.
Deal type
Fix and flip
Rehab budget, ARV, draws. A price you can close.
Deal type
Bridge
Term, LTV, the exit. Quoted while they are still on the phone.
Deal type
Construction
Budget, draws, completion. No waiting on the workbook owner.
Deal type
Rental and portfolio
Property count, liquidity, portfolio size. One door or a book. Same engine.
What lenders ask first.
An investor changes criteria on a Wednesday. What does it take to update?
One rule change, by your team. No ticket. Every quote after that is current.
We lose deals on speed today. What actually changes?
The quote happens in the call. Every program the deal fits, conditions included.
Do we have to rebuild our Excel sizer in LoanPASS?
No. We read your sizer and rebuild the logic as rules you can change.
Is there an automated underwriting system for DSCR and fix and flip loans?
DU and LPA only do agency loans. LoanPASS prices these deals and screens eligibility today. Ask us about decisioning for your programs.
Does LoanPASS replace our LOS?
No. Your LOS keeps the file. PricingEngine is the pricing layer, and APIs put the quote where your team already works.
Can we price for more than one investor?
Yes. Load each investor’s rate sheet, criteria, and overlays separately. The engine applies the right box to the right product.
Can brokers and account executives quote themselves?
Yes. QuickPricer sits on your website, broker portal, or wholesale site. A handful of inputs. Every quote comes off your live rules.
What do we bring, and how long to go live?
Bring a rate sheet and one sizer tab. We rebuild that logic as rules you can read and change. You go live in days, not quarters.
Which products can you price?
DSCR, fix and flip, bridge, construction, and rental or portfolio. RTL is the capital markets name for the short-term end. Same engine.
What is a residential transition loan (RTL)?
Short-term financing for a property moving from one state to another: bought, renovated, then sold or refinanced. Fix and flip and bridge are the common RTL loans. Capital markets says RTL lending; the desk says the strategy name.
What is a business purpose loan?
A business purpose loan finances real estate held for business or investment, not personal occupancy. DSCR, fix and flip, bridge, and construction loans to investors are the common forms. You will also see them called business purpose mortgage loans.
Who updates the rules when an investor moves?
Whoever owns pricing on your team. No-code. No ticket to change a floor, an adjustment, or a new program.
Bring your sizer to the demo
Bring a rate sheet and one tab. We price a live deal on your rules.
Schedule a Demo