SEEING BEYOND THE CREDIT SCORE WITH HYLS
LSCI’s High Yield Lending Strategy (HYLS) is an automated, online underwriting guide that allows loan officers to build more loans with greater confidence. Loan officers can conduct a better loan interview and produce a more accurate assessment of risk with the support of HYLS. HYLS helps loan officers make tough decisions more clear cut, and most importantly, it ensures members are not being unnecessarily turned down.
OUTPERFORM YOUR PEERS
HYLS-user Credit Unions outperform their peers in nearly every key metric including loan growth, average yield, and ROA!
FREE TRIAL AND RESULTS ANALYSIS
THE HYLS SCORECARD SUMMARIZES
• Top positive and negative reasons to support your loan decision
• Potential bankruptcy indicators
• Loans that require additional work or collateral
INTEGRATING & LICENSING HYLS
LSCI will work with your credit union by integrating HYLS seamlessly into your current Loan Origination System (LOS). Benefits:
• Automated population of scorecard questions
• Save time by eliminating manual input of data
• The HYLS scorecard is integrated into your workflow
INDIRECT LENDING FEATURE
As the economy changes, we continually update HYLS to make it faster and more user friendly. Rex has created a new feature - HYLS Indirect. This latest option adds focus to the purchase order along with the loan application and credit report. This will create more confidence in loans when we are depending on the dealer to gather the information. The positive and negative factors on the HYLS scorecard will assist lenders in identifying concerns or opportunities to build loans. If a current user of HYLS and would like to have this feature turned on, please email us at firstname.lastname@example.org for the request.
FITTING HYLS INTO YOUR BUDGET
We welcome all credit unions to take advantage of our 2-week FREE trial and see how easy it is to develop loans even further. We suggest putting turndowns, recently charged off loans, or bankrupt loans through HYLS, to see how The Guide may have saved your credit union from making a mistake or how a turndown could have turned into a loan.
Without minimums, set up fees, or maintenance fees, HYLS is affordable for both large and small credit unions alike. When HYLS saves a credit union one charged-off loan, it can easily pay for a year of HYLS!
$1 per scorecard - Rate for website members AND an LSI relationship
$1.25 per scorecard - Rate for website members OR an LSCI relationship
$1.50 per scorecard - Rate without a current LSCI relationship
INFORMATIONAL HYLS WEBINAR
To learn more about Rex Johnson's High Yield Lending Strategy Underwriting Guide, view the FREE webinar here. This webinar does not require a password. Click the play button and fill in the required contact info for the webinar to begin playing.
EXPERIENCE HYLS FREE FOR 2 WEEKS
Click on the 'HYLS Underwriting Guide Calculator' in the lower left hand corner of our homepage or visit: https://www.24x7loans.com/HYLSUnderwritingGuide/Main.aspx
The HYLS Underwriting Guide homepage will appear
Click 'New User' & continue
Enter your credit union's Charter Number - Please email email@example.com if you do not know your Charter Number
Create your own passwords - Note: One password will allow access for the guide and the second password will be used for the Administrative Reporting
The login will appear. Enter your Charter Number and password.