Priced per loan.Not per seat.
The lock desk and the pricing engine are priced on the loans you lock and price, never on the number of people on your desk. Hedging costs less than the leading service, and advisory is scoped with you.
- Pricing engineFrom$500/monthPlans by loans priced a month, from 150 to unlimited.
- Lock desk1.5 bpsper loan lockedOf the loan amount: $60 on a $400,000 loan.
- Hedging20% lessThan the leading hedging service, for the same coverage.
- Secondary MKT AdvisorsTalk to usAdvisory and loan sales, scoped with your desk.
Plans by loans priced.Every investor, every LLPA.
Pick the plan that covers the loans you price in a month. Move the slider to your volume to see the plan that fits and what each loan costs.
$3.33 per loan at 300 loans, about $100M in loan volume.
- Starter
$500/month
150 loans priced a monthAbout $50M in loan volumePer loan priced$3.33Book a demo - GrowthMost popular
$1,000/month
400 loans priced a monthAbout $130M in loan volumePer loan priced$2.50Book a demo - Scale
$2,000/month
1,000 loans priced a monthAbout $330M in loan volumePer loan priced$2.00Book a demo - Unlimited
Talk to us
Unlimited loans pricedFor desks above 1,000 loans a monthEvery loan priced, with no monthly capTalk to us
- Every loan priced across every investor at once
- Every LLPA applied and shown
- Who prices it better, ranked against your investor
- Ask why a price is what it is, and what would change it
- Products and investors side by side, quotes saved
- Pricing from the Encompass pipeline, export to Excel
Loan volumes assume an average loan of about $333,000. Each loan priced in the month counts toward your plan.
1.5 bps per loan locked.Of the loan amount, on every lock.
From the request to the confirmed lock in the investor portal, the lock desk is one charge per loan locked.
- Requests from Encompass, email or Google Chat
- Each loan read, priced and answered best efforts or hedge from your execution policy
- Missing inputs collected before the lock
- A person approves the exact terms before anything is submitted
- Checkpoints and failures shown on the request; nothing auto-resubmits
$9,000/month
- Per loan locked
- $60
- Rate
- 1.5 bps
- Loans locked
- 150
An estimate. Each lock is charged at 1.5 bps of that loan's own amount, so the total follows your actual loan sizes.
Hedging for less.Advisory scoped with your desk.
Hedging is priced against the leading hedging service. Secondary MKT Advisors is shaped around your investors, pipeline and loan sales.
20% lessthan the leading hedging service, for the same coverage.
- Position and net coverage by agency, coupon and settlement month
- Pull-through on the locked pipeline
- MBS trades and live prices
- Best efforts or mandatory per loan, from your execution policy
Talk to usAdvisory and loan sales, scoped with your desk.
- Advice on investor relationships, execution and pipeline
- Loan sales: bids compared across investors, commitments tracked
- Backed by the same platform your desk prices and locks on
The controls come standard.On every plan and every service.
- Rate sheets and guidelines in hoursEvery investor's sheets and guidelines ingested in hours, and kept current.
- Every LLPA shownEach adjustment applied, itemised and traced to the rate sheet.
- Eligibility traced to the pageEvery rule points to the page of the investor guideline it came from.
- Approval before every lockA person approves the exact terms; nothing is submitted before that.
- Encompass, read-only by defaultLoans and pipeline read from Encompass; write-back only if you turn it on.
- Encrypted credential vaultInvestor portal credentials are kept in an encrypted vault.
- Full audit trailEvery price, answer, approval and lock is recorded.
- Answers with their sourcesAsk anything about a loan and see the loan record, sheet and guideline behind the answer.
How pricing works.In plain terms.
A basis point (bp) is one hundredth of one percent, or 0.01%. 1.5 bps is 0.015% of the loan amount, so locking a $400,000 loan costs $60 and locking a $250,000 loan costs $37.50.
Bring us your next lock request.We'll walk it to confirmation.
A working session on your own loans and investors.
- A person approves every lock
- LOS read-only by default
- Encrypted credential vault
- Full audit trail