J.L.Sherman&Associates,Inc.

The Leader in Loan Quotation and Loan Calculation Software

Introduction

Sherman and 
Associates is the leader in loan quotation and loan calculation software,
providing end user software and calculation engine solutions. J. L. Sherman and Associates, Inc. is the acknowledged leader in loan quotation software, including all credit insurance and debt protection methods in use across the country. We offer loan calculation and compliance engines, as well as end user loan quotation software. Sherman software systems are invaluable in calculating and disclosing even the most complex loan structures, quickly, easily, and accurately.

Our Products

Our loan calculation software can be broken down into two broad categories:

  1. Calculation engines which make our loan and compliance calculation expertise available to our partners, so that our partners can provide this expertise in their own software applications.
  2. End user loan quotation systems, which wrap a simple user interface around our calculation engine to provide a loan quotation sales tool that is both powerful, accurate, and easy to use.

Calculation Engines

The SCE API Server is loan calculation software that can be embedded within your own application,
        supporting consumer, commercial, and mortgage loan calculations. The SCEX is loan
        calculation software that can be embedded within your own application, supporting consumer, commercial,
        and mortgage loan calculations.

The SCE API Server is the easiest way to implement our expertise in your software solution. The SCE API Server is implemented as a microservice, and is either deployed by your devops team as a Docker container in your local and cloud environments or we can host it for you using AWS. Both methods expose the SCE through a HTTP REST API, which allows any team to begin using the SCE immediately - no development work is required to begin receiving results from the SCE.

The SCEX is a lower level library which will require some development work to integrate into your software application. We do provide sample implementation code for various development environments to give you a head start in this endeavor.

Loan Quotation Applications

Our internet and desktop loan quotation applications, eWinLoan and WinLoan-32 respectively, are considered the finest sales tools to help lenders increase their credit insurance and debt cancellation/deferment penetration.

Please take your time and browse through our web site. If you have any questions or comments about the web site or any of our products, please contact us.

 

Announcing the SCE API Server

Submitted 2022-04-27 11:41:00 -0700

The SCE API Server is loan calculation software that can be embedded within your own
application, supporting consumer, commercial, and mortgage loan
calculations. The Sherman Calculation Engine API Server (SCE API Server) is the software solution that makes Sherman’s extensive expertise in the mathematics of lending part of your own software.

The SCE API Server is implemented as a microservice, and is either deployed by your devops team as a Docker container in your local and cloud environments or we can host it for you using AWS. Both methods expose the SCE through a HTTP REST API, which allows any team to begin using the SCE immediately - no development work is required to begin receiving results from the SCE.

... (Read on for more information)
 

HOEPA Updates for 2022

Submitted 2021-10-26 10:25:00 -0700

The SCEX is loan calculation software that can be embedded within your own
application, supporting consumer, commercial, and mortgage loan
calculations. The CFPB is adjusting two dollar amounts that are used in the “points and fees” trigger for coverage under HOEPA for calendar year 2022. The two dollar amounts are (1) the loan amount threshold (changing from $22,052 to $22,969), and (2) the total points and fees amount (changing from $1,103 to $1,148). All of our core products have been updated to include these new amounts, ensuring that your organization is compliant with the new year’s values.

... (Read on for more information)
 

Updated Installation Instruction for eWinLoan

Submitted 2021-08-24 14:08:00 -0700

eWinLoan is our web based loan calculation and quotation software, supporting consumer loans, commercial loans, and mortgage loans.We have updated the eWinLoan installation instructions to cover installation on Windows Server 2019 and IIS10. If you have any questions in regards to the eWinLoan or its installation, please contact us.

 

Announcing Our Partnership with nCino

Submitted 2021-04-14 08:08:00 -0700

We are pleased to announce that nCino has chosen J. L. Sherman & Associates as their calculation engine partner in the nCino Bank Operating System®. nCino is using the Sherman Calculation Engine with XML Interface (SCEX) to provide the loan and compliance calculations in their leading cloud banking solution.

... (Read on for more information)
 

HOEPA Updates for 2021

Submitted 2020-10-22 10:34:00 -0700

The SCEX is loan calculation software that can be embedded within your own
application, supporting consumer, commercial, and mortgage loan
calculations. The CFPB is adjusting two dollar amounts that are used in the “points and fees” trigger for coverage under HOEPA for calendar year 2021. The two dollar amounts are (1) the loan amount threshold (changing from $21,980 to $22,052), and (2) the total points and fees amount (changing from $1,099 to $1,103). All of our core products have been updated to include these new amounts, ensuring that your organization is compliant with the new year’s values.

... (Read on for more information)