Need more help call: 800-655-6188 x2  

Need more help call: 800-655-6188 x2  

Loan Search

Loan Search provides LION Broker and Retail Web Site customers the ability to search scenario-specific programs and pricing within OpenClose’s lender database. The searchable database is updated frequently as information is provided by the lenders. Your unique Retail Web Site package also allows you to perform searches based on loans imported from other programs.

Performing a Search

To begin, log into the LION Broker portal using your unique username and password.
 

Loan Search provides LION Broker and Retail Web Site customers the ability to search scenario-specific programs and pricing within OpenClose’s lender database. The searchable database is updated frequently as information is provided by the lenders. Your unique Retail Web Site package also allows you to perform searches based on loans imported from other programs.

Performing a Search

To begin, log into the LION Broker portal using your unique username and password.
 

From the main page, click Loan Search.
From the main page, click Loan Search.

The Basic Options screen will appear. Each of the drop-down lists on this screen contains variables you can select and change to suit your specific loan scenario. For instance, you can choose to search all available lenders for your company, or you narrow your search to a single lender.
 
To perform a Loan Search:
Select the area where your subject property is located from the Region menu.
Make other search choices by selecting different options from the drop down menus on this screen. If you don’t change your selections, Loan Search will use the defaulted settings.
When you have made your selections, click Search.
 
NOTE: Additional search fields may appear depending on the choices you make here. If you would like to see additional search options, click Display Advanced Search.
The Basic Options screen will appear. Each of the drop-down lists on this screen contains variables you can select and change to suit your specific loan scenario. For instance, you can choose to search all available lenders for your company, or you narrow your search to a single lender.
 
To perform a Loan Search:
Select the area where your subject property is located from the Region menu.
Make other search choices by selecting different options from the drop down menus on this screen. If you don’t change your selections, Loan Search will use the defaulted settings.
When you have made your selections, click Search.
 
NOTE: Additional search fields may appear depending on the choices you make here. If you would like to see additional search options, click Display Advanced Search.

In the below example, changing the loan amount from the $280,00 default to $250,000 resulted in the More Options box appearing so that the purchase price and appraised value data could be modified, ensuring the correct LTV was entered.
 
Note the Rates From and Points From fields. These values are the default values. Change these values to narrow your search according to your desired results.
In the below example, changing the loan amount from the $280,00 default to $250,000 resulted in the More Options box appearing so that the purchase price and appraised value data could be modified, ensuring the correct LTV was entered.
 
Note the Rates From and Points From fields. These values are the default values. Change these values to narrow your search according to your desired results.

Loan Search Results
 
The Loan Search Results screen will display all current pricing that meets your search criteria, sorted by either Best Price (as shown below) or by Best Rate as selected on the search screen.
 
To view the pricing details of a particular price result, click the program name in the row you wish to view.
Loan Search Results
 
The Loan Search Results screen will display all current pricing that meets your search criteria, sorted by either Best Price (as shown below) or by Best Rate as selected on the search screen.
 
To view the pricing details of a particular price result, click the program name in the row you wish to view.

Rate Search Details
The Rate Search Details screen captures the loan parameters you’ve searched for and provides the current pricing for the program selected. It also provides the Lender Contact information for the region you selected.
 
In addition, the ratesheets for most lenders are available by clicking the PDF link next to the ratesheet name.
 

If you feel the pricing results are not correct for the lender and scenario you selected, please use the feedback form to send us your exact search parameters, the actual pricing returned, and the pricing you expected so that your issue can be researched.

To start a new loan application using these search results, type a loan number under the heading Ready to Continue?, then click on the line of pricing you'd like to use. The full 1003 will then open with the applicable fields pre-populated for you.

To start a new search from this screen, click on Start a new search.

(Note: if you have purchased an RWS FX Custom Web site, you'll be able to save this search as a lead in your pipeline by typing in a loan number and then clicking a price in the program rate table on this screen. This feature is not available for LIONBroker pricing-only or non-FX Web site customers.)

Rate Search Details
The Rate Search Details screen captures the loan parameters you’ve searched for and provides the current pricing for the program selected. It also provides the Lender Contact information for the region you selected.
 
In addition, the ratesheets for most lenders are available by clicking the PDF link next to the ratesheet name.
 

If you feel the pricing results are not correct for the lender and scenario you selected, please use the feedback form to send us your exact search parameters, the actual pricing returned, and the pricing you expected so that your issue can be researched.

To start a new loan application using these search results, type a loan number under the heading Ready to Continue?, then click on the line of pricing you'd like to use. The full 1003 will then open with the applicable fields pre-populated for you.

To start a new search from this screen, click on Start a new search.

(Note: if you have purchased an RWS FX Custom Web site, you'll be able to save this search as a lead in your pipeline by typing in a loan number and then clicking a price in the program rate table on this screen. This feature is not available for LIONBroker pricing-only or non-FX Web site customers.)

For assistance with Loan Search, please contact Customer Care at support@lionmts.com.

 

For assistance with Loan Search, please contact Customer Care at support@lionmts.com.

 

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