Across the business purpose lending industry, Excel-based “sizers” have long served as the workhorse for pricing, eligibility and product management. For many lenders, they’ve been a reliable but limited tool to model pricing, eligibility, and margins. But as competition increases in this segment of lending and loan programs diversify, these spreadsheets have begun to show their age.

At LoanPASS, we see a clear pattern: most clients start with an Excel sizer, but those same clients quickly recognize the limits of a manual, formula-driven approach. The goal of implementing LoanPASS isn’t to recreate the spreadsheet. It’s to move beyond it.

LoanPASS: More Than a Digital Spreadsheet

Excel sizers were never designed to handle today’s lending complexity. They rely on hidden logic, manual updates, and siloed files that can create inconsistencies and compliance risks across teams. LoanPASS eliminates those limitations with a modern, rules-based decisioning engine that transforms deal structure - pricing and eligibility into a dynamic, enterprise-grade process.

Rather than being a digital replica of Excel, LoanPASS reimagines how pricing logic should work in a configurable, no-code environment. Every rule, condition, and calculation is transparent, reusable, and instantly adjustable without waiting on IT or external vendors.

Why Lenders Shouldn’t Just Mirror Their Spreadsheet

Recreating a spreadsheet inside a modern pricing engine may feel familiar, but it defeats the purpose of innovation. LoanPASS enables private lenders to break free from the constraints of static formulas and hidden cells. The benefits are immediate and measurable:

• Logic becomes modular and transparent, reducing errors and confusion.

• Pricing updates can be made in minutes instead of days.

• Loan officers and Brokers receive instant, accurate results without juggling Excel files.

• Every user operates from one consistent, centralized system.

This shift isn’t just about technology, it’s about scalability, governance, and operational efficiency. LoanPASS gives lenders the agility to introduce new products, update investor criteria, and react to market shifts faster than any spreadsheet ever could.

Your Sizer Is a Starting Point, Not a Blueprint

When onboarding new clients, the LoanPASS team often uses their existing sizer as a reference point. It provides valuable insight into how they’ve been modeling products, but it’s never the final destination.

The true transformation happens when that legacy logic is translated into a flexible, automated structure. The result is a pricing engine that evolves with the market, supports any asset class—from conventional to construction, residential transition loans (RTL) to non-QM and scales effortlessly across the organization.

The Payoff: Time, Consistency, and Confidence

Lenders who move from Excel to LoanPASS typically see a 50 to 70 percent reduction in time spent on pricing operations. Loan officers can run scenarios instantly. Secondary and capital markets teams gain confidence knowing that every rule is current and compliant. And leadership gains enterprise-wide visibility into pricing activity and profitability.

This is the future of pricing and decisioning: fast, precise, and scalable. By moving beyond the spreadsheet, lenders are not only improving efficiency, they’re future-proofing their business.

Moving Forward

LoanPASS was built for private lenders who are ready to modernize without compromise. Whether you’re managing forward, reverse, non-QM, or portfolio lending, the platform provides a unified system for product, pricing, and eligibility decisions all powered by a no-code, rules-based engine.

To learn more about how LoanPASS is helping lenders move beyond Excel and toward intelligent, automated pricing, visit www.loanpass.io.

About Bill Mitchell

Bill Mitchell serves as Chief Revenue Officer at LoanPASS, a leading provider of enterprise pricing and decisioning technology for mortgage and financial institutions. With more than two decades of executive leadership experience in mortgage technology, Mitchell has held senior roles at Mortgage Builder, ReverseVision, OpenClose, and eOriginal. He is a recognized industry evangelist on digital transformation, automation, and revenue strategy in niche lending. Mitchell's past contributions include seats on key industry committees with the Mortgage Bankers Association Advisory Council, the American Land Title Association, and the Electronic Signature & Records Association.