Calyx Point vs. Fiserv Mortgage Director

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Calyx Point
Score 6.1 out of 10
N/A
Calyx Software offers Point for mortgage officers, software supporting the loan lifecycle from prequalification to processing.N/A
Fiserv Mortgage Director
Score 6.0 out of 10
N/A
Fiserve Mortgage Director replaces easyLENDER, which was sunsetted in 2017 when Fiserv acquired PCLender. Fiserv Mortage Director, the next evolution of those products, is a loan origination system at the core of the Fiserv lending ecosystem designed to streamline lending operations and strengthen the lender's borrower relationships.N/A
Pricing
Calyx PointFiserv Mortgage Director
Editions & Modules
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Offerings
Pricing Offerings
Calyx PointFiserv Mortgage Director
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Calyx PointFiserv Mortgage Director
User Ratings
Calyx PointFiserv Mortgage Director
Likelihood to Recommend
2.5
(0 ratings)
6.0
(0 ratings)
User Testimonials
Calyx PointFiserv Mortgage Director
Likelihood to Recommend
I don’t have any. I’m forced to use this product by my broker.
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It is not suited for long term as they are replacing it in the future. It is well suited if you do not wish to have any further enhancements made to it.
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Pros
  • I can’t say
  • I don’t have any examples
  • The suite is a constant thorn in my side
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  • Easy to use.
  • Simple screens.
  • Not very complicated
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Cons
  • There is lots of room for improvement as there have been many bugs in the implementation of the new format. Responsiveness to customer needs was inexcusably slow for a change that was years in the planning.
  • Many of the calculations seem inconsistent on Fees Worksheet and other pages, including differences in how the information appears when printed vs onscreen.
  • The menus are not intuitive and could be much better.
  • The user interface is archaic.
  • Field links do not work correctly and take a long time to be corrected.
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  • They are sunsetting it without an ETA
  • They are only keeping it up to date for regulations at this time
  • They are not making any more enhancements to the system
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Alternatives Considered
There are several other products available that we will consider when we are able to upgrade from Calyx.
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We have compared it (and currently are0 to other systems due to the fact that Fiserv is replacing it.
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Return on Investment
  • The program meets the bare minimum for originating loans but when it breaks, the impact is significant. Even a small break in generating a report with inaccurate numbers can cause loss of confidence in our business and loss of a deal.
  • The downtime caused by the extremely poor implementation of the new URLA was costly and unnecessarily painful. The company did not adequately prepare for this. Some glitches were inevitable but they had [few] resources available to address the issues they knew were coming.
  • Customer service from the company by phone takes hours and is often a wasted effort. Wasting their customer's time is costly to their businesses.
  • If I were starting a mortgage company or selecting a new LOS, I would not select Calyx.
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