Suggest Smaller Spread Increments

Overview

If a loan is priced on a quarter or an eighth, offer a nudge of configurable bps with a configurable message.

Note: You must configure this skill in the skills manager prior to using it in PrecisionLender. 

 

In this Article

 

Configuring and Testing the Skill

suggest_smaller_spread.png

Prior to enabling the skill for Everyone, you first need to ensure that the skill is working properly by testing it. To do this, navigate to the skill details page to configure and enable the skill for your Testing audience:

  • Select Testing under the Audiences section.
  • In the Version drop down, select a version of the skill that you would like to test.
  • In the Skill Configs section on the skill details page, enter the following information to configure the skill:
    • Minimum Increment - How specific the check on the spread will get to determine if Andi® should coach.
    • BPS Nudge - (Optional) The BPS to bump the rate or spread when the user accepts the coaching. If this is left empty, no action will be offered.
    • Message - (Optional) A custom message to override what Andi® would otherwise say to coach the user to price off of quarters or eighths.
  • Select Save to enable the skill for the Testing audience. Once you've enabled this skill for testing, make sure you've added the users who will be testing the skill to the Testing audience.

 

Viewing the Skill in PrecisionLender

shows the skill message in andi

In order for the message to display in Andi®. the Rate must be entered as a quarter or an eighth. For example, 5.25 or 5.375.

Once the Rate matches this criteria, the Andi® skill will run and the message you've configured will appear in the window. If you have not configured a message, it will read: 'Remember to fight for every single basis point, and don't just stop on a pretty number'. You can click this message to update the Rate to the BPS you've configured.

Note: Always remember to save the opportunity to apply any changes.

 

Enabling the Skill for Everyone

After you've viewed and tested the skill, you are ready to enable the skill for Everyone.

  • Navigate back to the skill details page for the skill you were testing.
  • In the Audiences section, select the Everyone audience and choose the version of the skill you're enabling. When the latest skill version is published by the skill owner, this will automatically be available for selection in the list.
  • Re-enter the skill configurations.
  • Select Save to enable the skill for everyone.

Note: After enabling the skill for everyone, we recommend disabling it for the Testing audience. 

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