About LendingQB

LendingQB is a loan origination solution designed to help organizations streamline processes for mortgage lending. The platform comes with a rules-based engine, which enables users to automate various operations, including underwriting, product pricing, closing cost generation, and more.

LendingQB facilitates real-time communication between lenders and borrowers and allows multiple users to access and edit loan files simultaneously. The solution offers a host of features such as credit report parsing, historical pricing, notifications, automated costing, application monitoring, POS vendors, and more. The TPO portal enables third-party originators to upload and create loan requests, run automated underwriting systems, and monitor applications throughout the pipeline. The platform also includes an eDocs module, which allows administrators to gather, share, edit, and combine loan application documents.

With LendingQB’s consumers portal, borrowers can upload supporting files and track the status of their applications. Plus, the red-flag reporting and hard-stop functionalities allow users to ensure compliance with lending regulations. LendingQB integrates with various third-party systems, including customer relationship management (CRM), accounting, servicing platforms, and more.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Images

LandingQB loan conditions screenshot
LandingQB file import
LandingQB pipeline screenshot
LandingQB ratesheet screenshot
View 5 more
LendingQB video
LendingQB screenshot: LandingQB loan conditions screenshot LendingQB screenshot: LandingQB file import LendingQB screenshot: LandingQB pipeline screenshot LendingQB screenshot: LandingQB ratesheet screenshot

Features

Total features of LendingQB: 20

  • API
  • Alerts / Escalation
  • Applicant Tracking
  • Applications Management
  • Automatic Adjustments
  • Automatic Notifications
  • Compliance Management
  • Configurable Workflow
  • Document Management
  • Document Review
  • Document Storage
  • History Tracking
  • Monitoring
  • POS
  • POS Integration
  • Progress Tracking
  • Self Service Portal
  • Status Tracking
  • Third Party Integration
  • Workflow Management

Alternatives

Qualia

4,8
#1 Alternative to LendingQB
Qualia is a title and escrow management software designed to help home buyers, mortgage lenders, and businesses in the...

CREDITONLINE

4,9
#2 Alternative to LendingQB
CREDITONLINE is a cloud-based solution, which helps lending businesses manage the entire lifecycle of loan origination...

Total Expert

4,3
#3 Alternative to LendingQB
Total Expert is a marketing automation software designed to help credit unions and businesses in the banking and...

Turnkey Lender

4,5
#4 Alternative to LendingQB
SMEs and enterprise businesses including banks, credit unions, finance companies, in-house lenders, non-profits, and...

Reviews

Overall rating

4,5 /5
(13)
Value for Money
4,7/5
Features
4/5
Ease of Use
4,6/5
Customer Support
4,5/5

Already have LendingQB?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Write a Review!
Showing 5 reviews of 13
Troy W.
Overall rating
  • 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 9.0 /10

Fully Customizable Loan Origination System

Reviewed on 2019/08/15

LendingQB has enabled our company to run much more efficiently by pushing the file through the...

LendingQB has enabled our company to run much more efficiently by pushing the file through the system with milestone and status updates. Departments can move through files much quicker, with the with assurance of accuracy due to workflow rules that we have in place.

Pros

The ability to fully customize processes, implement workflow rules, and fully integrate with most vendor systems is what I like most about LendingQB

Cons

Customer Support is often days or weeks to respond to building batch reports or trouble-shooting problems.

Josh B.
Overall rating
  • Industry: Financial 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 8.0 /10

LendingQB Review

Reviewed on 2019/08/19

It has been a very good experience all the way from implementation until now. Very receptive to...

It has been a very good experience all the way from implementation until now. Very receptive to feedback and are willing to work with us on finding a solution to any problems we have. Constantly trying to make the product better.

Pros

Web-based, seamless integrations, amount of integrations, ease of use, excellent support staff, very little
system downtime, asking for our feedback regularly and continuously improving of the system.

Cons

Reporting, workflows, conditions/tasks, notifications, and audit could all be better. More granular control over the permissions and accesses to certain pages and functions in the system. Standard consumer portal is very dated.

Belinda A.
Overall rating
  • Industry: Financial Services
  • Company size: 11-50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 3.0 /10

ClearEdge Lending

Reviewed on 2019/08/23

Satisfactory. There are some extremely talented people at the company!

Satisfactory. There are some extremely talented people at the company!

Pros

We implemented in 45 days which is unheard of. There is a beauty in its simplicity, however it just doesn't have enough features for us to effectively manage our loans without developer intervention.

Cons

Lack of business rules that can control auto firing of field
Rigidity in reporting
Weak with compliance features
Lack of ability to customize
Too many screens
Not enough control over settings (have to go to LQB for a lot of things we would like to be able to manage ourselves)
Lack of developers with LQB experience out in the field

Nicholas S.
Overall rating
  • 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 9.0 /10

LQB is ready for the Prime Time

Reviewed on 2019/08/15

LQB has enabled our sales staff to spend more time on the road being face to face with clients...

LQB has enabled our sales staff to spend more time on the road being face to face with clients rather than being in the office to access or systems. My experience with LQB has been nothing short than stellar. The support staff is super friendly and always answers the phone in a good mood.

Pros

I like that it was a SaaS based service and completely hosted by them. Typically a SaaS based service that holds sensitive material is massive security hole. However, considering that LQB is a product of MeridianLink I can rest easy that our data is secure. Their integrations with vendors is top shelf and allows us to focus on bringing in more business rather than testing and implementing integrations. We used to be a report based company and now we are a queue based company. Being able to create custom Queues for our staff has almost eliminated our daily reports that we send out.

Cons

Because LQB is a SaaS based service we sometimes have to play within their walls. Most of the time its not a bad thing but there are times we have create a work around to complete the task we want. Not that big of a deal really.

Alicia P.
Overall rating
  • 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 10.0 /10

LendingQB - 2 thumbs up!

Reviewed on 2019/08/16

LendingQB has allowed us to increase our efficiency through vendor integrations - from the POS to...

LendingQB has allowed us to increase our efficiency through vendor integrations - from the POS to pricing engine to processing services to document generation. It has allowed us to maintain a remote workforce due to the ease of paperless workflow and productivity reports. Easy to train originators on.

Pros

Great, easy to use reporting, customer support reps are extremely responsive & helpful, support site is excellent, many features are customizable through workflow rules. Cloud-based so no need to download any software or connect to a server. Support also has a "feature suggestion" queue. LQB is consistently updating features to keep pace with agency and government product changes. Many integrations across the spectrum of vendor types.

Cons

Although users are restricted based on their individual or role permissions, there is no warning alert or lock-out feature if more than one user is in the file at the same time.

Showing 5 reviews of 13 Read all reviews

LendingQB FAQs

Below are some frequently asked questions for LendingQB.

LendingQB offers the following pricing plans:

  • Pricing model: Subscription
  • Free Trial: Not Available

Contact LendingQB for pricing details.

LendingQB offers the following features:

  • Compliance Management

LendingQB has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

LendingQB supports the following languages:

English

We do not have any information about what devices LendingQB supports

LendingQB integrates with the following applications:

BNTouch, Floify, LoansPQ, Maxwell, Surefire CRM, XpressAccounts

LendingQB offers the following support options:

Phone Support, Online Support, Knowledge Base, Video Tutorials

Related categories

See all software categories found for LendingQB.