Cypher & RateAnalyzer: Patented Technology for Busy Financial Professionals
Wymac Capital uses Cypher and RateAnalyzer, proprietary technologies licensed from Sourcetec, Inc., designed for one kind of user: a licensed financial professional who wants to serve mortgage clients well and still run a full-time tax, accounting, or advisory practice.
Over the years, Cypher has been used by more than 600 independent financial professionals, including CPAs, Enrolled Agents, bookkeepers, financial planners, insurance agents, and estate planning attorneys (as well as home builders, real estate brokers, and a bank), to close more than 15,000 home loans for their clients.
Watch: What Is Cypher? (0:34)
See how CPAs, Enrolled Agents, and Financial Planners use our patented Cypher system to offer mortgages to their clients in about an hour per loan.
Designed Around Your Practice (About an Hour Per Loan)
You did not become a CPA, EA, or financial planner to spend your day on mortgage paperwork. Refined over more than 20 years of real-world use, Cypher organizes the origination workflow so that your part of the process typically takes about an hour of your time stretched over two to four weeks, while Wymac’s in-house team handles upfront document review, wholesale lender shopping, and loan processing through closing.
Six U.S. Patents & 241 Industry Citations
Cypher and RateAnalyzer were invented by Wymac Capital broker Russell McDonald, who co-founded Sourcetec, Inc. in 1994. The United States Patent and Trademark Office (USPTO) awarded six U.S. patents for the systems and methods powering Cypher and RateAnalyzer (with priority dating back to July 1998, now expired):
- U.S. Patent No. 7,315,841
- U.S. Patent No. 7,340,435
- U.S. Patent No. 7,386,504
- U.S. Patent No. 7,620,598
- U.S. Patent No. 7,761,372
- U.S. Patent No. 8,527,402
Across the financial and mortgage technology sector, this patent family has received 241 forward citations in subsequent patent filings by major institutions (including Fannie Mae, Intuit, Wells Fargo, and Ellie Mae), reflecting the pioneering nature of Sourcetec’s architecture for professional-guided loan origination and automated post-closing rate monitoring. Read more about the origins of Cypher and RateAnalyzer on our Pioneering Mortgage Technology page.
Paired With RateAnalyzer: Why Market Rates Beat Paying Points
When clients shop on their own with national retail lenders, they are frequently pitched loans with $15,000+ in closing costs and discount points in exchange for a slightly lower interest rate. Lenders promote rate buydowns because they have run the numbers: over the past 30+ years, very few borrowers have held a loan long enough to beat the market by paying extra upfront to buy down a rate.
RateAnalyzer gives you and your clients a smarter strategy:
- Keep upfront costs down: Guide your client into a competitive market rate (or a no-points, no-fees loan where the lender pays the closing costs) instead of sinking thousands of dollars into non-refundable points.
- Continuous post-closing tracking: Once the loan closes, RateAnalyzer monitors your client’s interest rate and loan balance against live wholesale market pricing.
- Proactive client service: Whenever rates drop enough that your client can refinance into a lower rate or better term (usually on a no-points, no-fees basis where the new lender covers all closing costs), RateAnalyzer alerts us so you can contact your client with good news before they ever reach a break-even point on an expensive buydown.
Have a client whose current mortgage was closed elsewhere? They can also request free rate monitoring on our Track My Rate with RateAnalyzer page.
Become a Cypher Partner Book an Online Meeting
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate
Wymac Capital, Inc. · 346 Rheem Blvd #107, Moraga, CA 94556 (by appointment only) · Call or text 925-885-1919 · Main office 925-937-4300 · info@wymac.com
Real estate broker, California Department of Real Estate, License #01121628 · NMLS #18766 · DRE license information · NMLS Consumer Access · Equal Housing Opportunity
Cypher and RateAnalyzer are proprietary technologies of Sourcetec, Inc., licensed to Wymac Capital.
The information on these pages is for licensed and prospective financial-professional partners and is general in nature. It is not legal, tax, or compliance advice. Licensing requirements vary by state. Wymac Capital does not pay referral fees for residential mortgage loans. Cypher Partners are individually licensed mortgage loan originators who are compensated for origination work they perform.