Patent attributes
A method and system for using Loan Level Pricing Adjustments corresponding to specific consumer input to determine or calculate the interest rates of a plurality of loan products, comprising searching from a plurality of available, relevant loan products with associated pricing, wherein the searching is based on input consumer criteria, and includes creating and updating a centralized and searchable database of lenders' underwriting and pricing guidelines that can be utilized by a consumer; and matching and optimization of loan products or pricing for a consumer wherein the consumer's qualifications and needs are matched to the best available loan products with associated rate pricing and wherein the system comprises a single or plurality of wireless handheld devices each comprising an interactive interface through which are communicable customer attributes, and through which are returned results of determined or calculated customer eligibility.
