NMP - November 2019 - 13

With a completely new user
interface, LOS integrations and a
built-in pricing engine, the latest
iteration of DLP provides a
unique pricing process that
captivates borrowers and
increases the closing rates.
"Borrowers are looking for
more than just an online loan
application and document
uploads," said Dawar Alimi, CEO
and founder of Lender Price.
"When a borrower is engaged
with a lender, what they really
want is a price. The longer it
takes for a loan officer to provide
that price, the more likely a

borrower will leave. That is why it
is critical for loan officers to
quote rates and pricing quickly
and provide it in a way that
captures the borrower's
attention."
NewDay USA Launches
Veteran Streamline Refi
Program

A veteran and servicemember
streamlined refi program from
NewDay USA has been launched
to enable military families to

lower their mortgage payments,
while paying no appraisal fees
and no out-of-pocket costs.
Additionally, the program does
not require income verification in
most states.
The program, currently being
advertised on FOX, History
Channel and American Heroes, is
designed to help veteran
homeowners take advantage of a
recent drop in mortgage rates.
"As long as military families
are current on their VA mortgage,
they will qualify for our
continued on page 39

13

NationalMortgageProfessional.com

n National Mortgage Professional Magazine n NOVEMBER 2019

Lender Price Tailors
New FLEX Pricer Tool to
Non-QM Lenders
Lender
Price has
released
FLEX
Pricer, a
new
pricing platform designed
specifically for non-agency and
non-QM lenders. FLEX Pricer
supports all types of loan
products, but is most effective
with non-QM products due to its
configurable interface. Lenders
can create their own non-QM
loan pricing search tool without
the complexity and cost of
custom development.
"Most pricing engines have
poor support for non-QM
products," said Dawar Alimi,
chief executive officer and
founder of Lender Price. "As a
result, non-QM lenders have
limited options to market their
products to brokers or
borrowers. Many resort to
building their own search tool
with limited or no pricing
capabilities. Our FLEX Pricer
solves these problems and goes
even further by allowing lenders
to customize their interface to
support a wide variety of non-QM
criteria."
The Lender Price PPE is
currently used by several top 50
banks and mortgage lenders, and
FLEX Pricer leverages the Lender
Price PPE engine and adds new
capability to easily create custom
criteria relevant to non-agency,
non-QM and other niche lending
products. A flexible user interface
enables lenders to easily add
custom criteria to the search bar,
making it easy and convenient for
originators to find and price nonagency loans. In essence,
lenders can create their own
custom user interface on the fly
and can deploy different pricing
interfaces based on channel, loan
product, broker tiers, branches,
etc.
"Non-QM lenders and brokers
are looking to do business with
each other," said Alimi. "They
both want an online tool that is
easy to access, provides relevant
information, and moves the
process forward. Rate sheets are
too passive for brokers. Lenders
need FLEX Pricer because it's
the easiest, most effective way to
let brokers know about their nonQM products."
Lender Price has also
announced the release of its
newest version of Digital Lending
Platform (DLP), a point-of-sale
system designed to manage the
entire loan officer sales process.


http://www.NationalMortgageProfessional.com https://www.remnwholesale.com/

NMP - November 2019

Table of Contents for the Digital Edition of NMP - November 2019

Contents
NMP - November 2019 - CT1
NMP - November 2019 - CT2
NMP - November 2019 - Cover1
NMP - November 2019 - Cover2
NMP - November 2019 - 1
NMP - November 2019 - Contents
NMP - November 2019 - 3
NMP - November 2019 - 4
NMP - November 2019 - 5
NMP - November 2019 - 6
NMP - November 2019 - 7
NMP - November 2019 - 8
NMP - November 2019 - 9
NMP - November 2019 - 10
NMP - November 2019 - 11
NMP - November 2019 - 12
NMP - November 2019 - 13
NMP - November 2019 - 14
NMP - November 2019 - 15
NMP - November 2019 - 16
NMP - November 2019 - 17
NMP - November 2019 - 18
NMP - November 2019 - 19
NMP - November 2019 - 20
NMP - November 2019 - 21
NMP - November 2019 - 22
NMP - November 2019 - 23
NMP - November 2019 - 24
NMP - November 2019 - 25
NMP - November 2019 - 26
NMP - November 2019 - 27
NMP - November 2019 - 28
NMP - November 2019 - 29
NMP - November 2019 - 30
NMP - November 2019 - 31
NMP - November 2019 - 32
NMP - November 2019 - 33
NMP - November 2019 - 34
NMP - November 2019 - 35
NMP - November 2019 - 36
NMP - November 2019 - 37
NMP - November 2019 - 38
NMP - November 2019 - 39
NMP - November 2019 - 40
NMP - November 2019 - 41
NMP - November 2019 - 42
NMP - November 2019 - 43
NMP - November 2019 - 44
NMP - November 2019 - 45
NMP - November 2019 - 46
NMP - November 2019 - 47
NMP - November 2019 - 48
NMP - November 2019 - 49
NMP - November 2019 - 50
NMP - November 2019 - 51
NMP - November 2019 - 52
NMP - November 2019 - 53
NMP - November 2019 - 54
NMP - November 2019 - 55
NMP - November 2019 - 56
NMP - November 2019 - 57
NMP - November 2019 - 58
NMP - November 2019 - 59
NMP - November 2019 - 60
NMP - November 2019 - 61
NMP - November 2019 - 62
NMP - November 2019 - 63
NMP - November 2019 - 64
NMP - November 2019 - 65
NMP - November 2019 - 66
NMP - November 2019 - 67
NMP - November 2019 - 68
NMP - November 2019 - 69
NMP - November 2019 - 70
NMP - November 2019 - 71
NMP - November 2019 - 72
NMP - November 2019 - 73
NMP - November 2019 - 74
NMP - November 2019 - 75
NMP - November 2019 - 76
NMP - November 2019 - 77
NMP - November 2019 - 78
NMP - November 2019 - 79
NMP - November 2019 - 80
NMP - November 2019 - Cover3
NMP - November 2019 - Cover4
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201912
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201911
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201910
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201909
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201908
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201907
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201906
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201905
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201904
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201903
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201902
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201901
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201812
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201811
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201810
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201809
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201808
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201807
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201806
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201805
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201804
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201803
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201802
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201801
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201712
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201711
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201710
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201709
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201708
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201707
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201706
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201705
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201704
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201703
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201702
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201701
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201612
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201611
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201610
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201609
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201608
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201607
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201604
http://www.nxtbookMEDIA.com