🗞️ New Case Study
This time, see how brrrr.com uses the Rows API to automate an end-to-end loan comparison workflow, facilitating hundreds of millions of dollars in loans.
The secondary mortgage market presents significant challenges, particularly in comparing loan options from multiple lenders. Mortgage brokers and lenders often juggle rate sheets from various banks, which are typically received in inconsistent formats such as emails, PDFs, or Excel files.
That’s where we came in. Brrrr integrated Rows with their existing frontend tools, Noloco and Feathery. This integration enabled a seamless and automated loan comparison process.
Here’s how it works:
① Data Collection
When loan buyers submit their rate sheets, Brrrr updates them in Rows. This centralized repository allows users to easily compare loan options from 20 different banks without dealing with disparate formats.
② Scenario Calculation
Users interact with a form built on Feathery, which communicates with a Rows spreadsheet via our API. This setup enables real-time calculations to determine the best loan options. Additionally, when a user wants to save a loan scenarios, BRRR logs the calculations from the Rows API into Brrrr's Supabase database for future reference.
➂ Visible Insights
Both brokers and the internal sales team have access to tailored loan comparisons through a customized calculator. This tool includes broker-specific margin calculations, ensuring that each user can view data relevant to their needs without altering their existing loan management systems.
By automating the comparison process, the 12-member sales team saves dozens of hours each week, minimizes human errors, and win more business. Brokers are now empowered to price deals independently, accelerating the decision-making process and improving deal closure rates.
The Rows Computation API is ideal for lenders and mortgage brokers looking to optimize their loan comparison processes, particularly beneficial for smaller lenders who don’t have (or don’t want to have) large IT teams, or over the top software solutions dedicated to this process.
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