• Enable originators to easily find the right loan programs quickly
• Determine pricing and product eligibility automatically
• Level the playing field against your larger competitors
• Works with DataTrac® or any other loan origination system

Del Mar Database offers two powerful products in its suite of pricing and product eligibility (PPE). PriceTrac™ and GuideTrac™ are Internet-based products that can be used as extensions to DataTrac or your existing loan origination platform.

PriceTrac and GuideTrac support all types of loan products and origination channels. These solutions are built to easily support the constant changes we face with today’s mortgage products, and to accelerate the overall origination process. Now lenders can instantly identify which investors’ loan programs match the needs of their borrowers. To accomplish this, all of the eligibility rules, price adjustments, and base price are updated regularly with changes. With our decisioning solutions, lenders can easily deploy an affordable pricing and product eligibility platform that will enable you to compete effectively against larger lenders, and crush your competition.

The Del Mar Database PPE solutions provide immediate, detailed, and accurate information that allows lenders to find, price, and lock all types of loans at the point of origination. Automation of the decision process will reduce demands on underwriters and account executives, and overall calls to the back-office – increasing everyone’s productivity. In a poll conducted by Mortgage Originator Magazine (July 2006) 49% of originators surveyed cited automation as the number one contributor to their ongoing success as it relates to overall production and operations.

PriceTrac

• Renders borrower eligibility based on partial 1003
• Calculates fully adjusted pricing at the user, branch, and/or channel level
• Supports complex matrices and functions for sophisticated price analysis

GuideTrac

• Looks up loan programs based on partial 1003
• Returns guideline highlights in easy-to-understand format
• Provides one-click access to original investor guideline

Del Mar Database PPE solutions increase your efficiency thereby reducing your costs and improving your profitability. Benefits of PriceTrac and GuideTrac include:

• Cutting edge customer service. Immediately pre-approve loans that meet borrower and originator needs prior to submission to underwriting.
• Adaptable infrastructure. All products are supported – conforming, nonconforming, Alt-A, negative amortization, nonprime, interest-only, closed end seconds, and HELOC's.
• No additional resources necessary. Our decisioning suite removes the need for additional human resources that are typically needed for maintaining underwriting guidelines and price adjustments. These updates are included in the service and made on your behalf so you can focus on bringing more loans in the door.
• Realize immediate ROI. Del Mar Database’s decisioning solutions are flexible, scalable, and affordable based on your company’s specific needs. As with other proven Del Mar Database products, our turnkey solutions require limited IT resources saving you time and money with implementation and helping you realize immediate ROI.