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Mortgage Grapevine

PointCentral reviews?

Aloha viners!

I've used Calyx Point for 13 years now, and looking to upgrade to PointCentral for MCR reporting, compliance and audit controls in the post NMLS environment.

Anyone using PointCentral? Is it worth the $1800 set up and monthly increase? What do you like most about it?

Thanks
by tropical breeze February 7, 2013 3:10 PM


Wow, no one?
by tropical breeze February 11, 2013 2:51 PM


I've been using Point since 1997.

I've always had multiple users - loan officers, processors, underwriters and closers. I'm down from a peak of 22 users in 2004 to 4 now.

There is simply no comparison between using Central and not using it. If you have more than 1 user, you need it. Period. I struggled with Point for years before Central came out. I even switched to Encompass for a while, until I couldn't take that anymore. The hard part back then with Point was trying to use Microsoft shared network drives on a server for everyone and also allow remote access for LOs. Sucked, hated it.

Then Central came out and ALL of my problems disappeared. I got redundant data back ups in Tier 1 data centers. I got remote access to all data (subject to my access controls) remotely. I got RULES! I love Rules - I get to force users to complete their applications correctly and completely! (You should have seen their faces when I kicked those on!) The Audit trail is also fantastic - no more finger pointing or denials.

Plus, Central manages files so only one user can edit at a time (others can read until the file is released) - our windows network share could never handle that well.

Remote Access is somewhat of a misnomer - everyone using Central accesses their data over the "network" - for most though, that's the internet. When you have Central hosted by a third party, it's always the internet. So you take your laptop from kitchen table to Starbucks to the office and you get work done from anywhere just by running Point - no special VPN software or anything else - it's all transparent but highly secure. Plus, no more being tied to the desk.

I don't know why you'd want it for MCR reasons though? Does plain Point not offer those reports?

Call the folks at FocusITinc.com to have them host it for you. $60 bucks a month for up to 5 users for experienced Calyx IT people running your mission critical infrastructure. I think it's $100 for 10 users - but I happily only have 4 now. Can't beat that with a stick - and I'm an IT guy...I've been their client since 2006. Maybe 5 days of downtime in 6+ years. My old contracted IT folks could only dream of performance like that.

My other favorite part of this, is that I have been running my entire business in the cloud since 2006 - before anyone heard of a Cloud...Point, Outlook, Quickbooks, and data storage all run on other people's servers. It's dreamy since I literally have had no server of my own the entire time. The cost savings for that one box way more than pays for the cost of Central.

Go for it!
Good luck!
by green1st February 13, 2013 10:43 AM


green1st - Thank You!

MCR reporting is good standard Point, but only for my own production, not that of my other 2 MLOs. I want to be able to pull one report for all 3 of us, even though they work offsite.

Does FocusIT.com host your other cloud based functions as well, Outlook, Quickbooks and data storage?




by tropical breeze February 13, 2013 3:13 PM


Central will solve your problems.

I have FocusIT only hosting Point. Careful w the site name= focusitINC.com!

Google "Hosted Exchange" for Outlook hosting - but I've been told I should be using gmail and my own domain name for cheaper hosting = $50/yr vs about $96 I pay.

For Quickbooks, I use QB Online - they host a modified version of their own software. I've never used "real" QB so I don't know what I'm missing, but I've heard accountants don't like the online version because it's not quite as robust. Has been fine for me for 6 years.

Then use Dropbox or my favorite, SugarSync for data. Cheap and super easy. Setup separate folders shared w each MLO so they can only see their own loans. Then make them use it to store files. Creates instant backups in the cloud which you can see on your machine (and processor's) almost instantly. It's the freaking bomb.

Last, but not least: RoboForm for password management. It watches you log into websites then saves your credentials. Goes securely to their cloud, then you can use it anywhere - even on your phone! Also, the freaking bomb. I have way north of 200 ID/PW combos stored there: credit, DO, investors, worknumber, banks, freq flyers, etc, etc. Never write one down again, no worries about someone finding one under a keyboard or taped to the laptop!

by green1st March 4, 2013 12:12 PM


If you only want it for the Call Reporting then I wouldn't say it is worth it. It's a great investment if you have at least 7-10+ users. We just updated recently, we have 7 MLOs right now plus 3 operations users and it was much needed.
by MWeaver March 28, 2014 11:53 PM


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