Criterion Systems Development is please to announce new pricing options for LoanVision, allowing a lower entry price and tech support bundles to fit each user`s needs.

Pricing software is a difficult job, partly because the costs can be somewhat unpredictable. The price of the initial purchase must justify the research and development costs invested in designing the product, the costs of producing each sold package, and the anticipated costs of training and supporting the new user for a given initial time period. The user support portion is the most difficult to predict, with many computer and mortgage savvy users not needing very much (or any) support, and others needing help because they don't have experience with the fundamentals of computer usage or mortgage processing.

As a result, previous pricing was done on an average basis, which benefited inexperienced users but made experienced users pay more for the product than their expertise justified.

LoanVision`s new pricing model is an experiment in flexibility. LoanVision itself can now be purchased by anyone for only $199, and the only support provided is for installation. Users who have experience with computers and mortgage processing may not need any other support, and need not pay for it. New computer users or those just getting into the mortgage business can still get the same level of support previously available at the same pricing by buying the First Six Months Support Bundle, or one of the lesser terms at lesser prices. Each user can buy LoanVision at a very low price, and select the support option that best suits their needs.

Bundled Support ranges in price from $100 to $400, and details can be found here. Free support, as always, is available in several forms on our support web site. Per incident support, and long term annual support is also available.