Loan sale readiness
Clear your loan tape before the buyer does.
ProvenPool tests a loan tape and its documents against a buyer’s eligibility criteria. It finds every defect, routes each fix to the team that clears it, and exports a disposition-ready evidence package, before the buyer’s diligence starts.
The free check runs in your browser. Your tape never leaves your machine.
Readiness report
Sample pool · syntheticPool balance
$21,058,075
1,250 loans · cutoff 2026-10-01
Sale-ready by balance
90.0%
132 defects found
- Eligible
- 1,128 · $18.9M
- Exceptions
- 60 · $1.0M
- Kickouts
- 62 · $1.1M
Defects by category
- Eligibility68
- Documentation27
- Reconciliation20
- Data integrity16
- Concentration1
The problem
A $20 million sale shouldn't take three weeks of spreadsheets.
Before a pool can sell, the seller has to show that every loan meets the buyer's criteria, the data reconciles, the documents exist and the exceptions are resolved. Today that usually means:
Week 1
The criteria arrive
The buyer sends an eligibility schedule and a tape template. Someone starts a new workbook.
Week 2
The tape gets rebuilt by hand
An analyst remaps columns, runs lookups against the imaging system and emails ops about every blank field.
Week 3
Diligence finds the rest
Loans you could have pulled on day one come back as kickouts. Price talk reopens and settlement slips.
The cost isn’t just analyst time. Repurchase and substitution obligations follow loans that shouldn’t have sold, and buyers remember a messy tape at the next forward-flow renewal.
How it works
From raw tape to disposition package in one pass.
01
Upload the tape and the loan files
Drop in the CSV your servicing system exports and the loan file list. ProvenPool maps your column names to standard fields, so nobody rebuilds the tape by hand.
02
Load the buyer's eligibility criteria
FICO floors, DTI caps, APR bands, seasoning, excluded states, concentration limits, required documents. Criteria live as versioned rules per buyer program, not in someone's inbox.
03
See every defect, categorized
Every loan, every rule. Findings are sorted into eligibility, data integrity, reconciliation, documentation and concentration, each marked as a kickout, an exception or a warning.
04
Route the fixes to the people who clear them
Data errors go to loan ops, balance and payment breaks go to servicing, missing documents go to post-closing, and the pool selection itself goes to capital markets.
05
Export the disposition package
A clean tape, the exceptions log, a document index and every rule result, all tied together by an evidence manifest that hashes exactly what was tested.
Or on your own tape. Nothing is uploaded.
What it catches
Five kinds of defect, each with an owner.
Every finding is tagged with its category and severity, so the worklist sorts itself: kickouts come out of the pool, exceptions get cured or waived, and warnings get a second look.
- Credit score 612 below the 640 floor
- Seasoned 15 months; maximum is 12
- Borrower in an excluded state
- 31 days past due in a performing pool
- Loan number appears twice on the tape
- Missing credit score
- APR field reads “N/A”
- State code XX
- Payment 12% off the amortization the note implies
- Maturity disagrees with origination plus term
- Current balance above original balance
- No TILA disclosure on file
- Application missing
- Files that match no loan on the tape
- California at 18.2% of balance against a 15% limit, with the balance to remove
- Sub-680 FICO share over the cap
The output
A disposition-ready package, not another spreadsheet.
What the buyer, their diligence firm and your own auditors want to see, generated from the same run that found the defects.
- Clean tape
- Eligible loans only, in your original columns, ready for the buyer's template.
- Exceptions log
- Every open exception with its owner, the waiver requested and how it was resolved.
- Document index
- Loan-level completeness against the buyer's required documents, with orphan files flagged.
- Rule-by-rule results
- Each criterion, the loans and balance that failed it, and what was untested and why.
- Pool tests
- Concentration limits measured on the pool that will actually sell, after kickouts.
- Evidence manifest
- SHA-256 hashes of the tape, the file list and the criteria, so anyone can confirm the package matches.
Integrations
Bring loans in from the systems you already run.
Your LOS, core or servicer already exports a loan listing, and your imaging system already exports loan folders. ProvenPool reads both today.
- MeridianLink Consumer
- Jack Henry Symitar
- Jack Henry SilverLake and Core Director
- Fiserv DNA
- Corelation KeyStone
- nCino
- Origence arc OS
- LoanPro
- Nortridge NLS
- Hyland OnBase
- Jack Henry Synergy
- SharePoint and OneDrive
- Snowflake
- CSV and Excel tapes
Import by export is live today. Direct connectors are built with design partners. Product names are trademarks of their owners; no affiliation is implied.
Who it's for
Built for the heads of capital markets and lending operations who sell loans that aren't mortgages.
Agency and jumbo mortgage already have exchanges, diligence firms and a data standard. Consumer, auto, participation and small business sellers mostly have spreadsheets.
Fintech and consumer lenders
Selling whole loans or running forward-flow programs, where every monthly sale is retested against the same buyer box.
Credit unions selling participations
Auto, consumer and member business loans moving to other credit unions, where the buyer wants the file as clean as your own underwriting.
Community banks selling pools
Occasional, high-stakes sales where the team assembling the tape also runs the bank's day-to-day lending.
Small business and specialty lenders
SBA unguaranteed portions, equipment, solar and home improvement: asset classes with no standard tape and bespoke criteria.
Where it fits
It doesn't replace your trading platform or the buyer's diligence. It goes before them.
| Category | What they do | What it leaves open |
|---|---|---|
| Loan marketplacese.g. MAXEX, LoanStreet, CCT, ALM First | Match buyers and sellers and run the trade. | Tape preparation and defect clearing stay with the seller. |
| Loan sale advisors and brokerse.g. MIAC Analytics | Price the pool, market it, run the auction and settle the trade for the seller. | The seller's team still fixes the data and documents the audit turns up. |
| Third-party diligencee.g. SitusAMC, Clayton, Digital Risk | Review loans for buyers and rating agencies, usually priced per loan and often on a sample. | Findings arrive after the tape has gone out, when every kickout is a price conversation. |
| Buy-side data platformse.g. dv01, Cardo AI, Cascade | Help investors crack, analyze and monitor the tapes they receive. | Built for the buyer's side of the table. |
| ProvenPool | Seller-side readiness: every loan, every rule, before the tape goes out. | Hands the buyer a cleaner pool and the evidence behind it. |
Companies are named for orientation only, from their public descriptions. ProvenPool is not affiliated with any of them.
ProvenPool vs MAXEX vs MIAC, and the full comparison →After the sale
The same rules engine, running every day.
Criteria that decide whether a loan can sell also decide whether it can stay on a warehouse line or in a forward-flow program. Design partners vote on what comes next.
- On the roadmap
Warehouse eligibility testing
Test every pledged loan against the warehouse facility's eligibility and concentration terms before the lender does.
- On the roadmap
Continuous collateral monitoring
Rerun buyer and facility criteria on the servicing file nightly and catch loans drifting out of eligibility while they can still be cured.
- On the roadmap
Investor reporting
Monthly loan-level reporting to buyers and participants from the same reconciled data.
Pricing
Planned pricing. Design partners lock in founding rates.
Pools far above a plan's included volume will carry a per-loan processing fee. Founding customers keep their rate for as long as they stay.
Design partner
Free
for your next pool sale
Hands-on setup of your buyer's criteria, readiness runs on a real pool, and the full package. In return: a weekly 30-minute call during the sale and blunt feedback.
ApplyDesk
$2,000
per month
One buyer program, pools up to 5,000 loans, the remediation workflow and disposition package exports.
Capital markets
$5,000
per month
Unlimited buyer programs, monthly forward-flow reruns, servicing reconciliation and an exception audit trail.
Enterprise
From $10,000
per month
Warehouse eligibility testing, continuous collateral monitoring, investor reporting and an API.
Who’s building it
Isaac Welch
Founder · Greenville, South Carolina
Isaac Welch has spent more than eight years building lending systems in regulated production environments: loan saleability checks, loan tapes, investor requirement engines, document generation and defect tracking. He also builds RAVEN, borrower verification software for community banks.
“I’ve built the saleability checks, tape generators and defect trackers that lenders run in-house, and I’ve watched good teams lose weeks to them. ProvenPool is the version I wish every seller had: the buyer’s criteria as rules, every loan tested, and the evidence ready before anyone asks.”
Questions
What sellers ask first.
Does my loan tape leave my computer?
Not with the free tape check. It runs entirely in your browser: the file is read locally, nothing is uploaded, and only anonymous usage counts reach our analytics. The hosted product will process tapes on our servers. Design partners get the security details, including encryption, data retention and NPI handling, before sending a single loan.
Is this third-party due diligence?
No. ProvenPool works on the seller's side, before the tape goes out. Buyers will still run their own diligence; the point is that it finds less. The evidence package is built to be shared with the buyer or their diligence firm.
Which asset classes does it handle?
The engine works on any amortizing loan with a tape: consumer installment, auto, credit union participations, community bank pools, small business, solar and home improvement. Residential mortgage, with its MISMO field set, comes later. The free check ships with three example criteria sets you can edit.
How do the buyer's criteria get in?
During a pilot we turn the buyer's eligibility schedule into rules with you, then version them per buyer program. Most of a typical schedule is ranges, excluded values, seasoning and concentration limits, which the free check already runs.
How are documents checked?
The free check matches loan file names to loan numbers and required document types, so it finds missing and orphaned files without reading any contents. The design-partner product will also extract key terms from the note and disclosures and reconcile them to the tape.
We sell credit union participations. Is that covered?
Yes, that is one of the first templates. Participation sales come with their own requirements, such as the written agreement, retained interest and document custody under NCUA’s 12 CFR 701.22. We are building checks for those with design partners.
Which systems can it import loans from?
Anything that exports a loan listing: MeridianLink, Symitar, Fiserv and Jack Henry cores, nCino, LoanPro, Nortridge, a data warehouse or a plain Excel report. Loan files come from folder exports out of OnBase, Synergy, SharePoint, Box or S3. Direct connectors that pull on a schedule are built with design partners, in the order they need them.
How is this different from a diligence firm or a loan data platform?
Diligence firms work for the buyer and review the pool after it ships. Exchanges and marketplaces find buyers. Facility platforms monitor borrowing bases. ProvenPool is run by the seller before any of them, so the pool they see is already clean and the evidence is already assembled.
Design partners
Five sellers. One real pool each. Free.
We're looking for five originators with a sale coming up in the next two quarters. You get hands-on setup and the full package for your pool; we get to build against a real tape and a real buyer.
- Your buyer's criteria set up as rules, with you
- Readiness runs until the pool is clean
- The disposition package for the buyer
- Founding pricing, locked
Not ready to talk? Run the free tape check