Announces Alliance with Prysma Lending Group

by 11 Jun 2008
- Focused search and pricing capabilities speeds origination process - PORT WASHINGTON, N.Y., June 11, 2008 ? (SML), a provider of loan search and pricing services for the mortgage industry, announced a strategic alliance with Danbury, Conn.-based Prysma Lending Group, a lending firm specializing in niche loan products. Through this joint venture, Prysma Lending Group?s loan products are available to originators through SML?s search and pricing platform, giving originators access to its assortment of niche products tailored to meet the unique needs of borrowers, including FHA, non-conforming Alt-A and bank statement loans. The SML platform provides Prysma Lending Group originators a comprehensive search and pricing capability to virtually every loan type available, accelerating the origination process and enabling loan officers to offer a wider variety of products to borrowers. ?Aligning with SearchMyLoan makes our lending products available to a larger audience of brokers and originators, ? said Monica Serva, president of Prysma Lending Group. ?SearchMyLoan?s accuracy, comprehensiveness and speed result in a more efficient process, enabling originators to focus on generating more leads even in a down market.? ?The time and effort Prysma Lending Group originators used when matching a loan with a borrower is now drastically reduced using SML?s automated system,? said Salvatore Tomaselli, CEO of SearchMyLoan. ?They are now able to gain national attention from originators, who now have access to Prysma?s specialized loan products.? platform is a loan search engine providing comprehensive search and pricing for every loan type, such as A-paper, ALT-A, FHA and sub prime loans. About Prysma Lending Group, LLC Prysma Lending Group, LLC is a lender based in Danbury, Conn. Founded in 2003, Prysma provides several types of loan products to the industry, ranging from niche products like ITIN and Alt-A to agency prime products. Prysma is a direct endorsed FHA lender licensed in New Jersey, North Carolina, Georgia, Virginia, Florida and Connecticut. Prysma believes in continuous growth and total customer satisfaction. Combining the latest technology with committed professionalism, Prysma has proven to have to one of the fastest turn times in the industry while sustaining rapid market growth. For more information, please visit About (Port Washington, N.Y.) provides loan search and pricing services to mortgage bankers and mortgage brokers of all sizes. All loan types, such as conventional, sub prime and Alt-A, are supported by the company?s online search service. The company fully maintains its own product data and automates the loan search and pricing process. For more information on, visit



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