LoanSifter is fully integrated in BytePro Software to match lender programs with borrowers instantly.
KIRKLAND, WA, October 12, 2009 – Byte Software, a leading provider of loan origination software for
banks, credit unions, mortgage bankers and mortgage brokers, partners with LoanSifter, Inc. to offer a
product and pricing engine. LoanSifter's best-of-breed solutions include an intuitive point-of-sale loan
eligibility and pricing engine, lock desk, and rate sheet generator satisfying the most demanding loan
officer.
“LoanSifter’s streamlined, easy-to-read format means originators don’t have to waste time searching
through unnecessary numbers and suggestions to get the information they need,” explains Bruce
Backer, president of LoanSifter. “Secondary managers and originators tell us that they are looking for
ways to manage risk and efficiently secure more transactions. They understand that integration
translates to increased control and immediate answers—two factors that can make the difference in
growing your business in a challenging market.”
LoanSifter provides pricing, automated underwriting systems and lock desk features. Secondary
departments utilize the thorough, real-time streamlining and maintenance of the entire mortgage pricing
process (margins, adjustments, incentives, SRPs, and underwriting guidelines), no matter if servicing is
retained or if correspondent and wholesale investors are used.
LoanSifter recently released its Banker Edition – a complete back-end loan solution available for the
mortgage industry. LoanSifter Banker Edition offers a powerful, user-friendly solution to improve
workflow and help ensure accuracy and compliance for both the banker and loan officer. It is a highly
customizable solution offering an automated rate sheet generator, a Web portal for wholesale, TPO
(third party originators) or retail, and an online 1003 mortgage application with an upcoming bulk pricing
tool.
The partnership between Byte Software and LoanSifter reduces data input and errors by giving
customers the ability to submit existing loan data from within BytePro, instantly accessing pricing and
product information.
About Byte Software
Byte Software, founded in 1985 by mortgage professionals, is a leading provider of mortgage software
solutions for banks, brokers and credit unions. Byte Software products streamline processes used by
originators, processors and closers, allowing them to focus on generating additional business and
revenue. Byte Software is a wholly-owned subsidiary of CBCInnovis, a leading provider of real estate
settlement services and fraud prevention solutions. To learn more about Byte Software visit
www.bytesoftware.com or call 800.695.1008.
About LoanSifter Inc.
LoanSifter, Inc. provides the banking industry's most comprehensive tools for mortgage bankers, loan
officers and secondary departments to price, market and manage loans. The company’s flagship
product, LoanSifter, is an accurate, web-based pricing solution providing banks, credit unions and
brokers with advanced tools to improve their service levels and increase profits. LoanSifter has the
most comprehensive investor database in the industry featuring over 130 correspondent and wholesale
lenders, and currently handles more than 6 million searches for loan products and guidelines every
month. For more information, call 920.268.4770 or visit www.LoanSifter.com.
