SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, has formed a strategic alliance with Danbury, Conn.-based Prysma Lending Group, a lending firm specializing in niche loan products.
Through this joint venture, Prysma Lending Group's loan products are available to originators through SML's search and pricing platform, giving originators access to its assortment of niche products tailored to meet the unique needs of borrowers, including FHA, nonconforming Alt-A and bank statement loans. The SML platform provides Prysma Lending Group originators a comprehensive search and pricing capability to virtually every loan type available, accelerating the origination process and enabling loan officers to offer a wider variety of products to borrowers, SML says.
‘Aligning with SearchMyLoan makes our lending products available to a larger audience of brokers and originators,’ says Monica Serva, president of Prysma Lending Group. ‘SearchMyLoan's accuracy, comprehensiveness and speed result in a more efficient process, enabling originators to focus on generating more leads even in a down market.’
Source: SearchMyLoan
