Product Hatching Ideas

Create Integration with PC Lender

PC Lender is now ready to have Mortech integrated to their LOS.  Currently we have 3 customers noted as using PC Lender.  They are on Mortech for "Online only" quoting so this would give us the opportunity to upgrade them:

- First Internet Bank - Paying $3,317 - 47 LOs

- Millenium Home Mortgage - Paying $950, 23 LOs

- Bank of Internet - Did the switch LOSs? - 41 LOs

This integration would require us to integrate to their APIs and also have licensing fees.  Optimal Blue is already integrated to PC Lender.  Today, PC Lender only has ~50 clients.  They are planning to double client base this year.

  • Josh Lehr
  • May 22 2017
  • Moved to Prioritzation
Rating BOB-2
Revenue or Retention? Revenue
Workaround Present No
Impact to Existing Customers Multiple
Customer ID(s) FIB, Millenium, Bank of Internet
Business Value 3 - Important to moderate number, moderate impact on brand, moderate competitive advantage
Urgency 3 - Moderately time constrained
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  • Josh Lehr commented
    May 22, 2017 19:23

    $5,000 set up fee, $1,500 monthly fee, 5% monthly rev share.