NYLX, a provider of point-of-sale product eligibility and pricing technology systems, has launched LendingArt. According to NYLX, the product is the mortgage industry's first no-charge information portal that provides reliable and specific loan product eligibility and pricing information, as well as the most current, extensive mortgage industry news and information.
In addition to free eligibility and pay-as-you-go loan pricing, LendingArt offers properties and tools such as a program and guidelines search engine, a scenario desk, investor news and profiles, a business and events directory, and a messenger tool that updates subscribers on program guidelines, rates and loan requirements as they occur.
With LendingArt, users can navigate through mortgage industry resources and obtain detailed product eligibility and loan pricing information, research investors, look up industry events and read articles from popular journals and blogs. Additionally, the site's business financing search engine offers a commercial lending marketplace for individuals seeking business loans, commercial mortgage loans and equipment lease financing.
LendingArt also features seamless and bi-directional integration with the Calyx Point system right from the user's desktop, which eliminates re-keying and time-consuming and costly computer systems integration, NYLX adds.
Source: NYLX