Ghost Review – TwitterFlex

by todd carpenter on July 25, 2008

The following is a ghost review written by David Jones

TwitterFlex is Live!

OK, you use Twitter – you follow your friends, colleagues and industry experts, but you’re still not sure how to make Twitter work for you. We felt the same way, so we decided to connect our LenderFlex mortgage pricing technology with Twitter to create something new: TwitterFlex.

So what is TwitterFlex?

TwitterFlex is a fast, simple and free way to get pre-qualification pricing for a borrower using Twitter. Sometimes you just need to get a quick price quote for your borrower. With TwitterFlex there’s no need to log into LenderFlex (or other pricing engine), your LOS or call an AE.

So, why is this cool?

If you’re a real estate agent, imagine you’re showing a potential buyer a home – they’re hung up on the cost and the potential monthly payment. Whip out your mobile phone, Blackberry (or iPhone if you’re one of the cool kids) and send a tweet to D LenderFlex. Then dazzle and amaze your borrower when you given them up to the minute monthly payment and rate information.

If you’re a mortgage originator, imagine you receive an inbound phone call and they ask the question that all potential borrowers ask: “What is today’s best rate?” Well, now you can tell them, instantly, quickly and most importantly for free.

Most of all, this is cool because you’ll figure out the best way to use it.

How does it work?

You just send a simple direct message to LenderFlex with a few loan parameters using Twitter. (all of the details are on the TwitterFlex site.). TwitterFlex will run the request against the LenderFlex product pricing and eligibility engine and return the best rate that is closest to par. The response will look something like this: LenderFlex 345K|GA|P|30Y = 6.37500% | APR=6.491% | $2,152.35 | Price=99.600% | YSP=$86.25 | Fees=$86.00

If you get confused, just send D LenderFlex help and you’ll get information on the message format you need to send. The system is pretty smart, and if you send it something it doesn’t understand, it will try to help you out. You can also follow @lenderflexcares and you’ll be informed as soon as pricing has updated. You can send support requests, comments, etc. there as well.

TwitterFlex is simple to use and best of all, it’s free! You can learn more and sign up at the TwitterFlex home page. Give it a try and let us know what you think.

{ 4 comments… read them below or add one }

VA Refinance July 25, 2008 at 10:14 pm

Thanks so much this looks like a tool especially right now when rates seem to be changing a few times a day. This could be a great tool to give you a good idea of what is going on in the market at that given time. Great Job.

Ling July 26, 2008 at 6:00 am

Heck, I didn’t even know you had something like LenderFlex mortgage pricing. Have to try it out soon.

Martin Bouma, Ann Arbor Real Estate Agent July 28, 2008 at 7:42 pm

What a handy tool! Thanks for sharing. I can’t wait to try it out.

Sean Rafferty, CMPS July 30, 2008 at 12:12 pm

Thanks for the tip!

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