Stop missing refis. A tactical guide to automatically detecting refi, cash-out, and rate-and-term opportunities across your entire mortgage database.
Every basis point matters. Here's how to catch every refi opportunity the moment it's real.
Loan officers lose refis for one reason more than any other: they didn't know it was time. This guide covers the exact signals to watch, the math that turns them into a real opportunity, and how to automate the outreach so nothing slips.
A real opportunity accounts for the borrower's current rate, remaining term, loan amount, closing costs, and break-even period. A 50 bps drop on a $200K loan with 24 months left is different from the same drop on a $600K loan with 26 years left.
Traditional monthly-payment savings when market rates fall enough vs the borrower's rate.
Rising home values give the borrower usable equity — debt consolidation, home improvement, investment property.
Adjustable-rate borrowers approaching a reset window are almost always worth an outreach.
Once LTV clears the threshold, moving off MIP is a payment win most borrowers didn't know was possible.
A monitoring system runs each borrower's numbers every day against today's rate sheet and only alerts when the savings are real and the break-even is reasonable.
The moment an opportunity fires, an automated SMS goes to the borrower with the specific numbers and a calendar link. The friction to say 'yes, let's talk' collapses.
No. Detection surfaces opportunity. Quoting and locking happen in your pricing engine and LOS.
Continuously as market rates update — no manual export required.