PricingEngine returns rate, points, and adjustments for every product the file fits. Eligibility is the pricing decision, including which rates qualify and which do not. It is not an AUS finding. Who uses this: banks and credit unions, non-QM and wholesale desks, TPR firms checking a price against the published box, and business purpose lenders. Integrations include Encompass, MeridianLink, Vesta, LauraMac, Elphi, and Wilqo.
From a wholesale desk
“LoanPASS allows us to deliver top-tier reverse mortgage products with accuracy and speed.”
SVP Wholesale Lending, SmartFi
PricingEngine does more than return a rate.
PricingEngine is configurable for how your desk works. The cards below are examples: the fields you collect, the scenarios you compare, where the pricer sits, and how much of the price the loan officer sees.
RFP vocabulary
Product and pricing engine
Load your rate sheets and adjustments as rules. Change a floor once and every product that uses it updates.
Live rules
Live quotes
Every quote reads the current rules, not a PDF someone emailed last week. Fast enough to answer while the broker is on the phone.
Pipeline
Pipeline
Track loan files in a view you can customize, and download the pipeline as a CSV.
Locks
Lock management
Customizable lock policies for extensions, relocks, and exceptions.
Rates
Eligible rates
Eligibility is decided by rate and price, not only by product. The loan officer sees which rates qualify and which do not.
Eligible
Best execution
Compare every program the file fits and pick the best rate the file is eligible for.
Customizable input groups
You choose which fields sit on the pricing form and how they are grouped, so the desk only sees what that product needs.
Scenarios
Run more than one structure on the same file (rate/term, buydown, ARM vs fixed) without starting over.
Embeddable
Drop the pricer on your site or portal so brokers price inside your experience.
Cross-scenario compare
Put two or more scenarios side by side and see payment, price, and adjustments together.
Blended best-ex view
One view of the best execution across the options the file qualifies for, not a pile of tabs.
Mobile friendly
The same pricer works on a phone in the field, not only on a desktop lock screen.
Rich details
Open the full price: base, adjustments, eligibility, and why that number came back.
Pricing, underwriting, and mortgage insurance are separate.
AUS underwrites non-agency, portfolio, and specialty loans. PricingEngine prices with its own eligibility, including which rates qualify. PMIPricer quotes mortgage insurance when a loan uses it. They do not land on one file as one decision.
AUS
Decision
AUS returns approve, review required, or decline for non-agency, portfolio, and specialty loans. It does not decision agency loans.
Explore AUS
PricingEngine
Price
PricingEngine returns rate, points, and adjustments, and shows which rates qualify. That eligibility is the pricing decision, not an AUS finding.
Schedule a demo
PMIPricer
MI
PMIPricer quotes mortgage insurance when a loan uses MI. It is a separate quote, not part of the underwriting decision.
Explore PMIPricer
The Solution
Price, underwrite, quote, value portfolios and compare MI using the same configurable LoanPASS rules engine, whether you use LoanPASS directly or integrate through our API.
Price instantly with sub-second responses. Reduce cost with no-code configuration, simple integrations and transparent pricing.
Explore PricingEngine
Give brokers and borrowers instant approvals and trusted rates using your live LoanPASS rules, on your website or broker portal.
Explore QuickPricer
Price an entire portfolio in one pass. Value thousands of loans against your own live pricing and eligibility rules, with FICO 10T ready for the score transition.
Explore BulkPricer
Get instant quotes from all six MI providers across all five standard products. Sort by best execution or by your own risk allocation strategy.
Explore PMIPricer
What lenders ask first.
Can PricingEngine handle lock management?
Yes. Lock policies are configurable. You set the rules for extensions, relocks, and exceptions, and those rules apply when a rate is locked.
What is a product and pricing engine?
A product and pricing engine (PPE) returns eligibility, rate, points, and adjustments for a loan scenario. In LoanPASS, that eligibility is the pricing decision, including which rates qualify. It is not an AUS finding.
Can PricingEngine be our only PPE?
Yes. Pricing and eligibility run on one engine, so there is no second system to keep in sync.
Can PricingEngine price non-QM and business purpose loans?
Yes. Bank statement, DSCR, fix and flip, bridge, and any other program you can write as rules price on the same engine as the rest of the shelf. Eligibility overlays for each investor are rules too, so the price reflects the box the loan will sell into.
Does PricingEngine quote mortgage insurance?
No. PMIPricer does. It compares every carrier’s rate card against the loan facts already on the file and can run inside the pricing flow, so the loan officer never leaves the quote. The MI premium comes from the file, not from the pricing rules.
How fast do rate sheet or adjustment changes go live?
As soon as your team publishes the rule. Change a floor once and every product that uses it updates, with no release cycle and no vendor ticket. Every quote after that reads the current rules.
What comes back when we price a scenario?
Rate, points, and adjustments for every product the scenario fits, plus which rates qualify. That eligibility is the pricing decision. When the loan uses mortgage insurance, PMIPricer can return a separate premium from the LTV, FICO, product, and occupancy.
What does best execution mean in loan pricing?
Best execution is comparing every program the file fits and picking the best price among the rates that qualify. PricingEngine runs that comparison in one request, so the loan officer is not pricing programs one at a time. Eligibility here is the pricing decision, including which rates qualify.
How does PricingEngine keep price and eligibility in sync?
PricingEngine eligibility is its own decision. It shows which products qualify and which rates qualify. It does not come from the rules AUS uses. AUS underwrites non-agency, portfolio, and specialty loans separately. When you publish a pricing rule, the next quote reads it.
What is loan pricing software?
Loan pricing software takes a loan scenario and returns the rate, points, and adjustments for the products it fits. Most of it prices without checking eligibility, which is how a borrower hears a number the file cannot qualify for. PricingEngine is loan pricing software that returns eligibility with the price.
Where do rates and adjustments come from?
Your rate sheets and your guidelines, written as rules. Update a rule once and every quote after that reads the change.
Bring a rate sheet and a guideline set
We will load both as rules on the call and price a live deal on them, so you see the rate and the eligibility come back together.
Schedule a Demo