LOAN SERVICING SOFT

Loan Servicing software for private money/hard money lenders

About LOAN SERVICING SOFT

LOAN SERVICING SOFT is a cloud-based or on-premise loan origination, loan servicing, and fund management solution designed to help small to large financial institutions manage their loan origination, loan servicing, investors, collections, reporting, etc... The platform offers customizable web applications and live web portals in addition to standard functionality.

Primary loan origination features of LOAN SERVICING SOFT include point and click entry screens, web applications, automatic credit pulls, automated emails, disclosures, and closing contract preportation. For loan servicing the platform offers automated billing via printed bills, email bills, ACH, coupon book, etc.. Aging, late notices, collections, payoff, etc... Also included, investor support - both direct investors and funds and mortgage pools.

Pricing starting from:

US$7 500,00

  • Free Trial
  • One Time License
  • Subscription

Devices

Business size

S M L

Markets

United States, Canada, United Kingdom, Mexico

Supported Languages

English

Pricing starting from:

US$7 500,00

  • Free Trial
  • One Time License
  • Subscription

Images

LOAN SERVICING SOFT: lender database page
LOAN SERVICING SOFT: online loan application
LOAN SERVICING SOFT: Dashboard and Promise-to-Pay tracking window
LOAN SERVICING SOFT: loan payment details page
LOAN SERVICING SOFT: visual reports with graphs and charts
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LOAN SERVICING SOFT video
LOAN SERVICING SOFT screenshot: LOAN SERVICING SOFT: lender database page LOAN SERVICING SOFT screenshot: LOAN SERVICING SOFT: online loan application LOAN SERVICING SOFT screenshot: LOAN SERVICING SOFT: Dashboard and Promise-to-Pay tracking window LOAN SERVICING SOFT screenshot: LOAN SERVICING SOFT: loan payment details page LOAN SERVICING SOFT screenshot: LOAN SERVICING SOFT: visual reports with graphs and charts

Features

Total features of LOAN SERVICING SOFT: 24

  • ACH Payment Processing
  • Accounting Management
  • Audit Trail
  • CRM Integration
  • Call Center Management
  • Collections Management
  • Commenting
  • Compliance Management
  • Contact Management
  • Customer Database
  • Database Integration
  • Digital Signature
  • Direct Mail Management
  • Document Management
  • Document Storage
  • Electronic Payments
  • Email Marketing Management
  • Lead Management
  • Multi-Company
  • Pipeline Management
  • Reporting & Statistics
  • Task Management
  • Web Forms
  • Workflow Management

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LoanPro Software

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Construction Loan Manager

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Mortgage+Care

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Reviews

Overall rating

5 /5
(13)
Value for Money
5/5
Features
5/5
Ease of Use
4,9/5
Customer Support
5/5

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Showing 5 reviews of 13
Verified Reviewer
Overall rating
  • Industry: Nonprofit Organization Management
  • 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 9.0 /10

Working with LSS

Reviewed on 2018/08/22

LSS has been a great partner for our organization. They have been very willing to work with us the...

LSS has been a great partner for our organization. They have been very willing to work with us the few issues we've had to the software where we needed it to be to service our clients.

Pros

The software is flexible and allows the user add data that is necessary to make decisions.

Cons

Updating the software has to be done on an individual basis and can slow the day down.

Cat B.
Overall rating
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support

Custom Auto-Decisioning & Servicing Software

Reviewed on 2016/04/27

I spent weeks having conference calls with vendors offering loan servicing & loan decisioning...

I spent weeks having conference calls with vendors offering loan servicing & loan decisioning software. LSS was the only company that I found that offers both of these platforms in one system. I believe in simplicity. Using 1 system is much better than 2 for originating & servicing your loans. I have done extensive testing on the software & it seems to function very well. It's rare that you find a software company that offers this level of customization. I can't begin to say enough good things about John, he is AMAZING. I have not asked him to do a single task that he was not able to perform. He is a pleasure to work with & takes time answering my questions. He doesn't give up until you're satisfied. I had LSS do things that they have never done with other companies, including writing scripts to increase productivity & parsing data. I really can't wait to see where the development of this software leaves us at the end of the year. They offer import services, which made transferring our old data into the new software a breeze. The process went very smoothly & all the balances/payments were correct. They did offer to show me how to perform the import to save me money, but I preferred peace of mind by ensuring accuracy rather than saving the money for the import. I was very satisfied with the import; the work was flawless. The team really stuck their neck out to meet our launch date & put in the extra hours to meet our investor's deadline, which I really appreciated. I believe there is great value in this software. The price is very fair, because the finished product is built specifically for your business. This is the last software we will ever have to purchase to service & underwrite loans for our company. This software will develop with our business. Proprietary software has cost other companies that I have managed a fortune; you can't imagine how thrilled I am to have such a customized program for a fraction of the cost. Our money was well spent & I highly recommend this software.

Rhonda W.
Overall rating
  • Industry: Banking
  • Company size: 11-50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

I wish we'd made the change sooner...

Reviewed on 2019/05/31

On my previous software I had to keep several different spreadsheets for insurance expiration...

On my previous software I had to keep several different spreadsheets for insurance expiration monitoring, escrow analysis, scheduled future fees etc. All of those functions can be done through LSS eliminating quite a bit of extra work.

Pros

LSS is very customized to our company. It handles every aspect of servicing, insurance information, escrow analysis etc. The customer service support is exceptional. I worked with Rep during setup and training, and he was knowledgeable, patient and pleasant. Learning new software is a big job, but Rep made it the best possible experience. I am very comfortable knowing that our new software has top-notch support.

Cons

We service loans for more than one investor. My investors need reports for their loan portfolios (Sorted by investor/lender). We are customizing reports ourselves, as this is not a standard request. LSS can and will customize reports for a price, but fortunately LSS reports offer the ability to customize yourself if you have the knowledge and ability.

Matthew L.
Overall rating
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

A powerful loan servicing tool with lots of flexibility.

Reviewed on 2018/05/17

Pros

Great user interface. Enterprise functionality. Customizable. Great user interface. Enterprise functionality. Customizable. Great user interface. Enterprise functionality. Customizable.

Cons

It was hell getting it migrated from NoteSmith. I think we were given the wrong engineer to start. LSS made it right in the end.

Seth G.
Overall rating
  • Industry: Real Estate
  • Company size: 2-10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

LSS is a great product

Reviewed on 2018/09/15

Pros

Produces professional looking statements

Cons

Cumbersome initially but with solid support

Showing 5 reviews of 13 Read all reviews

LOAN SERVICING SOFT FAQs

Below are some frequently asked questions for LOAN SERVICING SOFT.

LOAN SERVICING SOFT offers the following pricing plans:

  • Starting from: US$7 500,00
  • Pricing model: One Time License, Subscription
  • Free Trial: Available

Contact LOAN SERVICING SOFT for pricing information.

LOAN SERVICING SOFT offers the following features:

  • Accounting Management
  • Audit Trail
  • CRM Integration
  • Call Center Management
  • Collections Management
  • Compliance Management
  • Contact Management
  • Customer Database
  • Database Integration
  • Digital Signature
  • Direct Mail Management
  • Document Management
  • Document Storage
  • Email Marketing
  • Lead Management
  • Multi-Company
  • Pipeline Management
  • Workflow Management

LOAN SERVICING SOFT has the following typical customers:

Small Business, Large Enterprises, Public Administrations, Non Profit, Mid Size Business

LOAN SERVICING SOFT supports the following languages:

English

We do not have any information about what devices LOAN SERVICING SOFT supports

We do not have any information about what integrations LOAN SERVICING SOFT has

LOAN SERVICING SOFT offers the following support options:

Phone Support, Online Support, FAQs, Knowledge Base, Video Tutorials

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