LoanSifter Reviews

It lays out all the different lenders and gives the proper LLPA's. It helps me communicate where I should send my loans to help my clients get the best pricing.

It will occasionally include lenders on a loan scenario that the lender is not able to actual accept and underwrite. It typically occurs when its a lower FICO score client.

It allows me to check pricing with over 50 different lenders in a matter of minutes. It saves me time from having to look at each lender individually in their separate portals.

It really helps us price out our loans without having to price at 15 different investor sites. Saves us a ton of time.

The new format is has taken some time to get used to. Would like it to be easier to see all rates as it was before. There are some lenders whose pricing is not always accurate but that seems to be an issue on their end.

Saves a ton of time by checking rates and program availability for all investors/lenders rather than checking on each individual lender site. We still double check pricing at each lender and lock directly on the investor site but it helps us get the pricing for the top few lenders.

Looking up multiple lenders pricing at once

It cost extra to link LoanSifer to your LOS.

Saves time by not having to log in and price lenders individually. Saved senerios makes it easy to recheck pricing on a specific loan daily.

The most helpful thing about loansifter is that it is automatically sorted for the criteria we are looking for , Sorting out the best rates possible for the least amount of cost makes a very easy and smooth process for me to communicate with the client.

Not too much downsides about loan sifter. One thing I will say is that we have alot of bank statement leads and it doesnt seem easy to find pricing for bank statements. We usually have to go directly to the lender for their pricing.

Loan Sifter is getting me loans by offering the best pricing available. Telling my clients that I am shopping with around 25 lenders and offering the best pricing is a smooth sale and makes clients very intrigued.

Time and time again, it has been the only accurate and true source of pricing. I solely used it before switching brokerages and LOS to Arive. Although it has it's own pricing engine, I have found it completely unreliable and inconsistent. Loansifter is accurate, reliable, and easy to use. I don't have to second guess my pricing.

Although a recent feature, the loan comparison reports are a little dated and could be better laid out/presented.

It accurately produces quick results for all of my lender options and their pricing. I also find it a reliable source to run what-ifs on loan scenarios and setups to see if products come up to research even further.

Love that you can set scenarios for quick pricing on any loan type. Easy to adjust as comp adjusts. Easy to add investors. Also let's you check on investors to decide if you want to add them on not if pricing is a factor.

I cannot think of any right now. The only possible thing I can think of would be the ability to find when someone has a low rate in the rate sheet versus other competitors. Example - every now and then Windsor may have a 5.75% on a VA that is lower than everyone else's 6%. But you have to open up the companies one by one to find out.

It allows me to quickly look at rates for all of my investors allowing me the benefit of knowing I am doing what is best for my clients. I have one investor who is not on loan sifter and I often don't use them due to the time it takes to individually process them.

The ease that we can price out dozens of our lenders with 1 click

Sometimes pricing is slightly off but LoanSifter usually catches the issue and notifies us

Time time time

Easy to use interface that saves us a lot of time in pricing out our 20 lenders

I love how quickly I am able to find the pricing on pretty much 90-95% of my loans.

It would be helpful to include more complex loan types such as different types of non-qm.

LoanSifter helps me price out my loans quickly so I can beat out other competition.

I have tested all of the pricing engines out there. Loan Sifter has the most lenders and accurate pricing and is super easy to use. I find it crazy if a Loan Officer doesn't use it.

Nothing, it is straightforward and just yesterday I tested the accuracy and it was very accurate.

Able to price all 40 of our wholesale partners in one easy to use website.

A great tool to shop all your lenders, and we work with over 200. I'm an MLO & NEXA Academy Instructor, I highly recommend Loansifter as a Must Have Application!

Nothing, the only issue I've ever heard is accuracy, but that's only when the market is moving fast. We can't expect Loansifter to be 100% when lenders reprice all at once.

No problems for me. It's an awesome application and a must have IMO.