CHLOE (Custom Home Loan Origination Engine) is LoanWyse’s proprietary cloud-based third-party origination engine. CHLOE helps streamline the Non-QM third-party loan origination process by automating the entire wholesale origination workflow. By combining automated pricing and decisioning with sales force automation, CHLOE simply empowers brokers to work smarter.
“We are committed to helping streamline the entire loan manufacturing process for our partners in the broker community with real proprietary technology specifically designs for Non-QM. It starts with CHLOE. CHLOE’s easy-to-use decision engine helps brokers and originators quickly determine accurate pricing and product eligibility for homeowners and thereby increasing pull-through rate, reducing cycle times, while helping originators provide a higher level of customer service,” said Richard Ho, Chief Technology Officer at LoanWyse.
CHLOE helps to bridge the gap between sales and operations with specific tools designed exclusively for Non-QM while enhancing visibility, compliance, and productivity in the mortgage loan life cycle.