How to activate & use the pricing engine
We have integrated with a 3rd party pricing engine, which works as a "Pricing Engine" tab within the loan file & also as a stand alone loan pricing engine under the pipeline side menu option.
To test it out follow these steps:
1. Enable the pricing engine within your plan or ask us for a trial period.
2. Enable the pricing engine tab under platform settings--> File display tabs
3. On each user level that needs access, enable the permission & enter the following test credentials: rob@lendingwise.com password: Lendwise123
Now you can enter various scenarios and get real time eligibility & pricing of loans.
***NOTE*** The pricing engine is for beta testing only. The guidelines are outdated. If you want a pricing engine, we will make an introduction to the 3rd party where you can purchase a plan and setup your lenders & their guidelines. Typical pricing is around $1500/mo and min $2500-$5000 setup depending on the # of lenders/investors & complexity.
To learn more & schedule a call with the pricing engine team, contact pricingengine@lendingwise.com
FYI: Lastly, if you want the LendingWise loan data to flow into the loan pass pricing engine, we can do that, but it will require a custom dev project fee.