Byte Software, a provider of loan origination software for banks, credit unions and mortgage brokers, has partnered with NYLX to provide product eligibility and best execution loan pricing technology to its customer base. Through Byte Software’s partner program, ByteLink, NYLX has created a seamless interface to access product and pricing information for mortgage loans while in BytePro. Now, with the NYLX integration, Byte Software customers will have instant access to a leading provider of real-time lender rates and guidelines.
The NYLX integration leverages its LoanDecisions solution platform, delivering benefits
at multiple levels. BytePro users benefit from multi-investor/multi-product pricing displays and
accurate Investor data, enabling quick reaction to live market conditions. Management benefits
from control and optimization of locks based on price and revenue targets, helping to achieve
profit goals and competitive advantage. Now, this complete functionality will be delivered
through a seamless user interface.
John Alexander, president of NYLX states, “The new integration between NYLX and
Byte Software provides banks, credit unions and mortgage companies with enhanced
functionality that enables loan officers to make faster and more effective decisions at the point
of sale. A seamless user experience delivers best execution eligibility and pricing, helping loan
officers prioritize their pipeline and more aggressively target high value prospects. This joint
solution leverages the NYLX universal integration platform and offers significant value and
bottom line impact for NYLX and Byte Software mutual customers.”
NYLX is available now in BytePro Standard, BytePro Enterprise and BytePro Online.
Customers can sign up for NYLX solutions by contacting NYLX. Current BytePro customers
using NYLX now have instant access to product eligibility and best-execution loan pricing within
BytePro, eliminating the need for duplicate data entry and reducing the time to process a loan.
For more information, visit www.bytesoftware.com or www.nylx.com.