Instant, Accurate Loan Product and Pricing Software
Web-based Loan Product & Pricing Engine
OpenClose’s DecisionAssist™ solution is web-based loan product and pricing software that is offered on a software-as-a-service (SaaS) basis for all mortgage lending channels and product types. Today’s lending landscape is fast-moving, compliance intensive and margins are thin.
You need an easy-to-use decisioning system so Loan Officers/Originators can quickly determine accurate pricing and product eligibility for borrowers at the point-of-sale. And with DecisionAssist™, you’ll never have to worry about keeping investor guidelines and pricing up-to-date; we do it for you.
Pricing & Investor Guideline Management
Private-Label Products & Company Branding
Centralize Products for All Channels
Increase Pull-Through Rates & Loan Quality
Using OpenClose’s DecisionAssist™ loan product and pricing software, lenders can determine instant product eligibility and pricing to qualify borrowers can at the point-of-sale, increasing your pull-through rate, reducing cycle times, helping prevent buy backs and strengthening investor relationships.
QM/ATR compliance rules and other investor requirements are always adhered to using DecisionAssist™.
Easily control loan profit margins and fees by investor, channel, company or branch.
DecisionAssist™ loan product and pricing software provides you with an easy-to-use administration interface that allows you to oversee and manage profit margins.
Comprehensive lock desk functionality ensures that loans are locked timely and accurately.
DecisionAssist™ integrates seamlessly with OpenClose’s LenderAssist™ LOS platform.
OpenCLose’s loan product and pricing software can also be leveraged as a standalone system.
Integrations with DU® & LP® exist for full automated underwriting capability, thus ensuring that loans are quality, sellable loans.
DecisionAssist™ also interfaces with other third party applications such as CRMs, LeadGen systems, loan compensation applications and more.
Automated Rate Sheet Generator
The Automated Rate Sheet Generator works with OpenClose’s loan product and pricing software. It is a web-based tool that fully automates daily rate sheet creation for timely distribution to branches and originators and also runs real-time best execution.
It can easily be added to OpenClose’s DecisonAssist™ product and pricing engine.