Optimal Blue

Who is Optimal Blue?  

Optimal Blue facilitates a broad set of secondary market interactions like product and pricing, lock desk automation, risk management, loan trading, and data and analytics. Approximately 35% of all mortgage transactions nationwide and nearly $2 trillion of transactions are processed across the Optimal Blue platform every year.


Integration type: Productivity 


Please note that the Optimal Blue integration is only available with the Optimal Blue PPE accounts, not LoanSifter [coming soon].


What will the Floify—Optimal Blue Integration support? 

Floify's integration with Optimal Blue will allow for you to quickly search for up-to-date product and pricing to present your borrowers with accurate and timely loan information.

  • Single source of compliant pricing ensures accuracy across the entire loan process
  • More than 20,000 investor rate sheets automatically imported daily
  • The largest repository of configurable mortgage products to meet consumer demands
  • In-depth comparisons of current locked loan scenario to worse case and historical pricing
  • Automated and configurable initial-lock and post-lock management policies
  • Self-managed, dynamic, and comprehensive profit margins and adjustments


How to Set Up and Use

The Optimal Blue Integration will require some additional set up steps with Optimal Blue and Floify. Please reach out to support@floify.com first in order to have us point you in the right direction.


From the team pipeline, choose the team name in the upper right-hand corner and select the option to navigate to the Company Dashboard:





Navigate to Company Settings and select the Integrations tab:





Scroll down to Product & Pricing Integration and select the option to Edit Product & Pricing Integration:





Enable the integration for your teams and enter your Optimal Blue Account ID. Make sure you select Save to confirm the changes:






From the team pipeline, navigate to Settings and select the Integrations tab:






Scroll down to Optimal Blue Integration and select the option to Edit Optimal Blue Integration:






Select the option to enable it for the team, select your Optimal Blue Business Channel, and enter your Optimal Blue Username. Make sure you select Save to confirm the changes:






Success! Within the loan flow, you will now see an option to select Product and Pricing:






The product and pricing page has a section of filters which will auto-populate with any data that was entered in the loan application. There are also advanced filters available if you select 'More Fields':






Once all the required fields have been filled in, you can select the Search button to perform a search. The results will be displayed below:






Borrower Rate Sharing

Lenders can browse rates from Optimal Blue and share those rates directly with potential borrowers, including estimates for taxes, HOA fee, etc. to provide a reasonably accurate estimate of their final payments in their new home.


When you hover over a row, you will see some buttons appear near the right-hand side. Among these, you will see an option to Share With Borrower:






Clicking the Share With Borrower option will present a new window:






This will allow you to add additional notes and opt to email the borrower(s) a link to Floify:






This email will then forward them to the loan flow page and allow then to select the option to view their estimated payment:






You will also be able to update and unshare rates later if needed by clicking on the Shared quotes button:






Click on Edit or Unshare as applicable:




Was this article helpful?
1 out of 1 found this helpful
Have more questions? Submit a request

Please sign in to leave a comment.