Offer customized pricing solutions to borrowers in real-time, while meeting revenue targets and guaranteeing compliance to all the state and federal lending guidelines.

Tavant Mortgage Pricing Engine brings the rule management and execution capability for pricing, compliance and underwriting all under one hood. It is specially designed to handle the complexity of mortgage transactions by computing hundreds of variables and cranking thousands of business rules in few seconds. This relieves sales agents and brokers from the headaches of scrambling through numbers in rate sheets and instead focusing on understanding borrower needs and selling loans.

• Tavant Mortgage Rule Management System gives business strategy managers the ultimate control in making pricing, compliance and underwriting rules changes. Business data and rules are managed in centralized repositories and applied consistently across all the business lines and processes. With a well-defined change management process and role-based security authorization scheme, policy managers from different business units can directly author, review, approve changes. Rule changes can be validated, tested and made effective in hours instead of days.

• Tavant Mortgage Pricing and Compliance Engine, empowered by constraint-based optimization technology, delivers the best pricing solution, matching borrowers' needs and preferences, yet remains within company profit guidelines and more importantly, complies with all state and federal regulations, without exception.

• Tavant Pricing and Compliance Engine powers the optimization platform underlying the highly interactive web-based environment. Sales agents can do what-if analysis to serve diverse borrowers' credit profile on a large number of different loan scenarios:

  • Finding the best price, across all loan programs, products or a combination of programs and products, for which a borrower is qualified for with her credit profile.
  • Restructuring existing debt with a loan refinancing and a mortgage product best suit for income scenario.
  • Determine which debts and how much they should be paid off to optimally benefit from the new loan.
  • Determine the optimal purchase loan amount a borrower can afford given assets and income scenario.
• Tavant Mortgage Automated Underwriting Engine empowered by constraint-based optimization technology, delivers the best pricing solution, matching borrowers' needs and preferences, yet to remain within company profit guidelines and more importantly complied with all state and federal regulations, without exception.

To know more about our optimization capabilities, email us at: bizdev@tavant.com