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PRODUCTS: Product Eligibility, Pricing, and Rate Lock
Wholesale Origination
Correspondent Origination
Retail Origination
Consumer Direct Origination
Product Eligibility, Pricing, and Rate Lock
Document Imaging, Storage and Workflow
Seamless POS/LOS Integration
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AVISTA ADVISOR™
PRODUCT ELIGIBILITY, PRICING, AND RATE LOCK

Avista Advisor is a rules-based integrated product and pricing engine that works across your wholesale, correspondent, and retail platforms. The pricing engine allows your users to perform product searches and receive both qualified and disqualified products. It allows for up to the minute pricing updates and delivers fully adjusted prices for each product, as well as a detailed list of adjustments. The system enables rate locks and provides immediate confirmation. Reporting offers your secondary marketing, brokers, correspondents, and retail loan officers access to all their lock information at a moments notice.

BENEFITS

Originator Product and Price Search and Online Lock

  • Ability to run unlimited product & pricing scenarios with a streamlined data set
  • View all qualified products and fully adjusted pricing
  • View ineligible products with description of disqualifying factors
  • Online Lock with current rates and immediate confirmation with detailed price adjustments
  • Relock and lock extensions (rules determined by lender)

Create and Manage Products and Rules

  • Simple Product set-up with ability to assign products by channel
  • Customize Eligibility and Price Adjustment Rules
  • Simple interface to build rules and manage changes
  • Assign Names and Codes to Products for easy ID
  • Multiple price arrays allowing different pricing across and within each channel

Manage Rates and Ratesheets

  • Update rates as often as needed providing real time rates to each channel
  • Upload ratesheet for viewing outside of product search
  • Manage what rates and products are available by user login
  • Manage views based on user role assignment (Broker, Correspondent, LO, Secondary, Branch)

The Avista Advisor product and pricing engine is designed to improve customer service, increase efficiencies, reduce errors, and improve profitability.

Avista Solutions staff combines years of mortgage experience with in depth technology expertise. For a demonstration, give us a call at (803) 788-4936.

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