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All Fund Mortgage Experiences Immediate Increase in Loan Volume as a result of PriceMyLoan.com
COSTA MESA, CA – March 22, 2006 – Tacoma, Washington-based lender All Fund Mortgage has acknowledged a significant growth in loan volume as a result of deploying Insight Lending Solutions' automated underwriting and loan pricing engine, PriceMyLoan.com. Since launching PriceMyLoan.com in late January 2006, All Fund Mortgage estimates a 120% increase in their overall volume.
The PriceMyLoan.com automated underwriting and loan pricing engine provides lenders with a system that accurately determines loan eligibility and pricing. Investor products selected by lenders are built into a private-label PriceMyLoan.com engine, which is fully maintained by Insight Lending Solutions in a hosted, ASP environment.
"We experienced immediate results, literally within days of deploying PriceMyLoan," says Dan Ardmore, Secondary Marketing Director for All Fund Mortgage. "Insight Lending Solutions supported us one hundred percent throughout the process. That's why it only took us thirty days to get up and running on the system. As soon as we showed our agents how easy it is to get pricing from the PriceMyLoan system, our numbers were jumping. We did as much volume in locks the next two days as we did in the prior week. It was amazing."
"PriceMyLoan.com is not only the most accurate loan pricing engine on the market, because we operate under a Software as a Service (SaaS) model, it's also the fastest to deploy," says Gigi Campbell, Insight Lending Solutions National Sales Director. "Every aspect of the PriceMyLoan.com system, from guideline and rate updates to system hosting, is handled by our staff. In the case of All Fund Mortgage, a company with over 250 branches nationwide, they were able to hit the ground running and immediately generate ROI."
About Insight Lending Solutions
Insight Lending Solutions (ILS) is a web-based application service provider for the mortgage lending industry. ILS provides Software as a Service (SaaS) to its clients to enhance productivity, reduce IT dependency and accelerate time-to-value for mortgage companies. Combining advanced technology development utilizing XML and MISMO standards with high-quality service, ILS provides its clients with solutions that result in reduced loan cycle times, improved pull-through rates and a lowered total cost of ownership of software.
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Contact: Linn Cook
PriceMyLoan
(714) 957-6335
lncook@pricemyloan.com
www.pricemyloan.com
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