Lender Price API
Locking a Loan with LOS / 5. Export Pricing
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    5. Export Pricing
    In This Topic

    After you retrieve a desirable price, the next step is to obtain a price quote from lender and lock the loan.

    The Export Pricing workflow comprises five steps:

    1. Retrieve a lender price quote. See Get priceQuote.
    2. Compare a given quote with a quote from Ellie Mae through Encompass. See Get pricing result comparison.
    3. Set a scenario from the result of your search and comparison. See Export pricing.
    4. Lock the loan. See Add export pricing lock event.
    5. Update the loan you have selected with the updated information from your price quote. See Update loan.