The Nortridge Loan System
About The Nortridge Loan System
The Nortridge Loan System is a loan servicing and origination platform that helps lenders and loan servicing organizations better track, manage and service loan portfolios. Key features include customer relationship management (CRM), origination, servicing, and collections, alongside modules for multi-book accounting, participations, escrow, and a client web portal. Users are able to originate, service, collect and report on a multitude of loan portfolio types.
Nortridge supports multiple lines of loan products such as installment, secured loans, marketplace unsecured, lines of credit, auto, and mortgage, as well as different loan types including term loans, commitment, non-revolving, and pool loans. Users can select between interest methods, accrue on any preferred day, and set interest rates and payment periods with automatic late fees.
Users are able to automatically schedule over a hundred predefined standard reports with 40+ filter criteria for sorting and selecting data, and save the parameters for another report. Dashboards provide users with pie charts, bar charts, and geographical charts to view important metrics, with all data synced in real time. Nortridge allows users to automate loan processes to improve business procedures by configuring workflow rules for employees.
Plug-in a credit scoring engine to pull credit data and get credit profiles from prospective borrowers from credit bureaus, and alternative data sources via API. Direct database access provides users with current borrower data with detailed loan statistics. Users can create loan origination workflows with features including auto-decisioning, automated loan document generation, online application, smart disbursement, and more. An integrated collections module allows users to see all pertinent information about delinquent loans or borrowers on a single, customizable screen.
Key benefits of The Nortridge Loan System
Images
Not sure about The Nortridge Loan System?
Compare with a popular alternative
Starting Price
Pricing Options
Features
Integrations
Ease of Use
Value for Money
Customer Service
Alternatives
timveroOS
QuickBooks Enterprise
Emphasys
Advantage
Reviews
Already have The Nortridge Loan System?
Software buyers need your help! Product reviews help the rest of us make great decisions.
- Industry: Automotive
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
NLS - A Tank
Reviewed on 2020/03/10
Good. Implementation and conversion was a challenge but once we got past those issues the system...
Good. Implementation and conversion was a challenge but once we got past those issues the system has been incredibly stable.
Pros
Generally able to get the system to do what you need it to do. Not always pretty but I have not come across any critical need that can't be handled by the system with limited need for customization.
The company and the software have evolved over the years.
Cons
Should have the ability to drag/reorder tabs at the bottom. Different users have different needs.
Bugs in new versions are unpredictable and annoying. Small companies generally do not have the resources to do extensive testing.
- Industry: Financial Services
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
NLS System
Reviewed on 2020/03/10
I like the control I have in the system. because of all the options you have with the technology,...
I like the control I have in the system. because of all the options you have with the technology, support has to look at most issues at the micro level which can add time to getting an issue resolved. The more experience I get by using the system, let less issues I have.
Pros
I like the ability to manage a diverse portfolio. We Service a variety portfolio types as we as manage our own accounts. Having the ability to create different communication plans by loan groups allows us to provide appropriate messaging based on the type of loan and consumer.
Solid product.
Cons
Took me a while to understand how set up the system initially. Some trial and error and a lot of tickets to support until it "clicked".
- Industry: Financial Services
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
NLS Review
Reviewed on 2020/03/11
Pretty good. I really enjoy the people and working with them. Support has improved a lot over the...
Pretty good. I really enjoy the people and working with them. Support has improved a lot over the past couple of years.
Pros
The opportunities to automate processes and take the load off manual input and human error.
Cons
The bugs, and the lack of consistent documentation. There is a lot of documentation stating that parts of the system work. But when trying to use it, I run into errors or things don't work as they say they are supposed to.
- Industry: Automotive
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Support and functionality are core drivers
Reviewed on 2020/03/10
Overall experience is wonderful
Overall experience is wonderful
Pros
We like to describe NLS as a box of sticks. The finished product is only constrained by your imagination. The ease of custom reporting from the database, integration of complimentary software and great support from the Nortridge team top my list of LIKES
Cons
Missing or could be approved- unlimited derived UDF’s and User Defined Tabs. Also more triggers for custom scripting in NLSServices. A time\date schedule option would be great
On boarding mid-stream loans can be a struggle to conform to original TIL boxes
- Industry: Consumer Services
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Great Software
Reviewed on 2020/03/10
A lot of time and cost saving factors such as send statements through the document queue to the...
A lot of time and cost saving factors such as send statements through the document queue to the print shop.
Pros
This platform is very flexible, we have over 50 different loan programs all of which we have been able to implement quickly and easily from origination to servicing.
Cons
There are a few features on the servicing side which we would have preferred to have had sooner rather than later but NLS has been cooperative in getting these released in recent updates.
The Nortridge Loan System FAQs
Below are some frequently asked questions for The Nortridge Loan System.Q. What type of pricing plans does The Nortridge Loan System offer?
The Nortridge Loan System offers the following pricing plans:
- Starting from: US$1,000.00/month
- Pricing model: Subscription
- Free Trial: Available
Our plans start at $1,000 per user. This includes credit bureau reporting, ACH processing, address verification, and many other features at no extra charge.
Q. Who are the typical users of The Nortridge Loan System?
The Nortridge Loan System has the following typical customers:
2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does The Nortridge Loan System support?
The Nortridge Loan System supports the following languages:
English
Q. Does The Nortridge Loan System support mobile devices?
The Nortridge Loan System supports the following devices:
Q. What other apps does The Nortridge Loan System integrate with?
The Nortridge Loan System integrates with the following applications:
HubSpot CRM, Microsoft Excel, Oracle Eloqua Marketing Automation, QuickBooks Online Advanced, Salesforce Sales Cloud
Q. What level of support does The Nortridge Loan System offer?
The Nortridge Loan System offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat
Related categories
See all software categories found for The Nortridge Loan System.
Loan Servicing Software
