LoanPASS, which offers configurable loan decisioning and pricing technology, is now integrated with lead-generation platform BankingBridge.
The integration makes it easier for mortgage lenders to share real-time loan programs and interest rates with customers on the web.
Powered by product eligibility and pricing data from LoanPASS, BankingBridge’s dynamic rate comparison tables can be embedded into any financial institution’s website for a transparent loan shopping experience that builds trust and converts website visitors into leads, LoanPASS says in a release.
Cost-effective and easy to deploy in as little as 48 hours, BankingBridge’s rate comparison tables are used by more than 100 credit unions, mortgage banks and brokers to make accurate pricing data available to consumers and referral partners around the clock, on any device. Lenders who implement BankingBridge see a measurable return on investment through increased visitor engagement, reduced reliance on purchased leads and improved lead quality.
Fast and flexible, LoanPASS will decision loans in less than one second and supports a broader range of lending products than any other pricing engine on the market. Through its API integration with LoanPASS, BankingBridge can now display and compare interest rates, APRs and fees for even the most niche lending products, including portfolio products and manufactured housing.
“LoanPASS has earned its reputation as the most flexible decision and pricing engine in the business; there’s no lending product it can’t handle,” says Jimmy King, co-founder of BankingBridge. “That’s what makes our partnership so exciting. Together, we’re making it possible for lenders to share real-time pricing for even their most niche loan programs right on their website, where consumers and referral partners can easily find and engage with the information.”