Fine-Tune Profit Margins across Originators
Par Management adds another layer to LoanDecisions' robust pricing customization capabilities. Account and branch level margins, advanced margins and now par management can help you define pricing across your selling channels and compete more effectively in the markets you serve.
- Define a rate window for your originators, creating a viewable range of rates based on final price.
- Create one par management plan or multiple plans and assign users at a branch or account level.
- Determine "par marker" based on account, branch and advanced margins, plus an additional dollar or percentage amount set by the par management plan a user is assigned to.
In addition, you can also customize how pricing will be displayed for your originators based on a combination of user roles that are easily activated or de-activated. For example, you can choose to display or not display price and enable settings that impact how pricing, points and cost/rebate will be reflected for your par rate and the rates above and below par.
Par Management can help you fine-tune your profit margins across your sales channels to accommodate expense profiles, skill levels and sales goals.
