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Best Loan Origination Software

Streamline the loan origination process for your business with the best Loan Origination Software.
Loan origination is a lengthy process that includes loan application, verification, credit analysis, approval, and disbursal of the loan amount. A loan origination business needs comprehensive tools to centrally manage all loan origination stages and streamline the entire lending process. The best loan management software offers a unified platform to simplify and control the loan origination operations, save time, improve efficiency, enhance profitability, and overcome all shortcomings with high-level customer service.

What Is Loan Origination Software?

A loan origination system is a centralized platform with a set of functionalities and modules designed to automate and control loan origination management. The software provides extensive tools and features to help businesses channelize and manage numerous phases and operations of loan origination, including loan application, documentation, processing, verification, approval, and disbursal. By deploying loan origination systems, businesses can witness a steady upsurge in profits at a nominal cost.

Why Do Businesses Need Loan Origination Software?

Manual lending process management is tedious and time-consuming, leading to voluminous work backlogs for businesses and borrowers’ frustration due to delayed loan processing. A reliable loan origination system aids in business growth by enabling automation of operations, faster authentication/verification, elimination of manual errors, automated notifications/alerts, paper-free/digitalized documentation, conservation of resources (human and material), fraud detection, revenue prediction through analytics, informed decision-making, and enhanced customer service/customer satisfaction.

How To Choose the Best Loan Origination Software?

To choose the perfect loan origination system for your business, you must ensure that the software offers all the features you need and is feasible for your business. GoodFirms has done comprehensive research to ease this task for you and curated the list of top loan origination systems. To choose the best loan origination software, you can browse through this list, utilize filters, and explore each software’s details along with the prominent features, reviews, and pricing information.

Rankings updated: Jun 20, 2025
66 Software

List of the Best Loan Origination System

  • TurnKey Lender

    4.8 16 Reviews Verified

    TurnKey Lender`s intelligent automation of the entire loan management process allows for flexible loan disbursal and servicing. Loan Servicing comes as part of an end-to-end tools suite that can be easily integrated ... read more about TurnKey Lender

    TurnKey Lender Reviews

    TurnKey Lender is a complete system that automates all phases of the loan reviewed by: JM Littman, Director at Webheads
    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    16% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Native Integration
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars
    • Infographics

    Reviews
    What User‘s Say
    Turnkey lender is the best loan servicing software we have used as there are simple user transactions
    Lorie Carson, Founder at RealPeopleFinder
    TurnKey Lender has automated the whole lending process and has excellent decision-making quality
    Olive Grat, Marketing Director at Techiegarden
    TurnKey Lender has been very useful to us and has good features which makes the process easier
    Joe Troyer, CEO and Growth Advisor at ReviewGrower
    Review Summary

    We RealPeopleFinder use Turnkey lender. It is the loan servicing software our company uses the most. We have used this software for the last three years, once weekly or as needed. Both setting up the system and receiving support went well. Software with low costs, excellent customer service, and simple user transactions. The support personnel is very accommodating and detailed in their explanations of the features.

    Lorie Carson
    Lorie Carson, Founder at RealPeopleFinder

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • LendingPad

    LendingPad streamlines the complex and often segmented loan origination process by allowing real-time collaboration between borrowers, brokers, lenders, and service providers. LendingPad is a modern loan origination system (LOS) designed for lenders, ... read more about LendingPad

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Native Integration
    • Online Application
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guide
    • Video
    • Blog

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page Try Software Demo
    Visit website

  • Encompass

    With Encompass by Ellie Mae, you will experience immediate savings and operational improvements. Lenders of every size trust the Encompass Loan Origination System (LOS) to originate more loans, lower costs, reduce time ... read more about Encompass

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Cost Database
    • Document Management
    • Loan Processing
    • Native Integration
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Calyx

    Calyx is an established provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders, and brokerages nationwide. The company’s easy-to-use technology, including its borrower interview platform, loan origination systems, ... read more about Calyx

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Booking Management
    • Document Management
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • LendingWise

    Smart loan management software used by lenders & brokers for CRE, Bridge, Fix & Flip, Construction, SBA & More. A modern borrower experience with online, mobile-friendly portals, customized workflows & paperless origination. ... read more about LendingWise

    Entry Level Price
    $75 Per Month
    Free Trial
    15 Days
    Pricing Type
    Flat Rate
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Native Integration
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Video Guides
    • On-Site Training

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Free Trial
    • 15 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page
    Available Packages
    Standard
    $75 Per Month
    Visit website

  • Floify

    Our platform was created to simplify and enrich the mortgage experience for both borrowers and loan officers. With Floify, step into a world where every interaction is streamlined, compliant, and designed to ... read more about Floify

    Entry Level Price
    $70 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    100% in Loan Origination Software

    Features
    • Customer Management
    • Document Management
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Commercial-real-estate
    • Financial-services
    • Real-estate
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • Phone
    • Weekdays
    Knowledge Base
    • Help Guide
    • Blog

    Packages
    Pricing Type
    • Flat Rate
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page Try Software Demo
    Available Packages
    Standard
    $70 Per Month
    Visit website

  • ARIVE

    WHO WE SERVE As an independent mortgage broker, you need technology that gives you the tools to succeed, then gets out of your way so you can what you do best — ... read more about ARIVE

    Entry Level Price
    $19.99 Per Month
    Free Trial
    7 Days
    Pricing Type
    Per User
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • 24x7 Support
    Knowledge Base
    • Help Guide
    • Video
    • Blog

    Packages
    Pricing Type
    • Per User
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Free Trial
    • 7 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page Try Software Demo Get Free Trial
    Available Packages
    Standard
    $19.99 Per Month
    Visit website

  • NewgenOne

    NewgenOne Software is a global provider of business process management (BPM), enterprise content management (ECM), and customer communication management (CCM) software with a footprint in 69 countries and a portfolio of large, ... read more about NewgenOne

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    25% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Document Management
    • Loan Processing
    • Native Integration
    • Online Application
    • AI Features

    Key Details
    Industries
    • Banking
    • Financial-services
    • Government-relations
    • Hospital-health-care
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    • Linux
    Support
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video
    • Blog

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Finastra

    A global provider of financial software applications and marketplaces, Finastra also launched the leading open platform for innovation, FusionFabric.cloud, in 2017. We serve institutions of all sizes, providing award-winning software solutions and ... read more about Finastra

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • 24x7 Support
    Knowledge Base
    • Help Guide
    • Video
    • Blog

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Fiserv Lending

    Originate and service loans and leases more quickly and efficiently while minimizing risk to your lending operations. Fiserv offers superior loan processing solutions that reduce costs, generate revenue, allow you to stay ... read more about Fiserv Lending

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Cost Database
    • Document Management
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    • Linux
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Webinars
    • Case Studies
    • Whitepapers

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Lendstream

    4.8 5 Reviews Verified

    Integrated API-driven loan origination & servicing management software with additional secondary marketing (loan portfolio sales) & partner channel management options. Our lending software is designed for SME, mortgage, consumer, micro lending, leasing, ... read more about Lendstream

    Lendstream Reviews

    It creates its own conclusion and analysis based on the criteria which saves a lot of time for us reviewed by: Steve Wilson, Founder at Bankdash
    Entry Level Price
    $99 Per Month
    Free Trial
    More than 30 days
    Pricing Type
    Flat Rate
    50% in Loan Origination Software

    Features
    • Bid Management
    • Dispatch Management
    • Budget Management
    • Custom Patches
    • Document Storage
    • Loan Processing
    • Native Integration
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • On Premises
    • Web-based
    • Windows
    • Linux
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Webinars
    • Case Studies
    • Whitepapers
    • On-Site Training

    Reviews
    What User‘s Say
    Lendstream is easy to use, simple to navigate and has a clean design and an intuitive interface
    Daniel Morris, Founder at My Caring Plan
    Lendstrem's customised work-flows enable the use of a single system in several markets.
    Edward Mellet, Director at WikiJob
    Great loan origination system
    Jonas Grincius, CFO and Member of the Board at Citadele Banka
    Review Summary

    We My Caring Plan use Lendstream. I’ve worked in the lending industry for years, and during that time, I've used a variety of loan origination software. The one I use most often is Lendstream. However, it does not have all the features of other software programs on the market today. For example, it does not allow you to export data into Excel, or another spreadsheet program like some of its competitors do. In addition, it lacks certain reporting capabilities, such as the ability to create charts from data sets that you import into your system (although they do offer this capability with their web-based version). But overall, I am happy with its performance.

    Daniel Morris
    Daniel Morris, Founder at My Caring Plan

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Free Trial
    • More than 30 days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    • Quote Based
    Vendor pricing page
    Available Packages
    Standard
    $99 Per Month
    Visit website

  • HES FinTech

    5.0 2 Reviews

    HES LoanBox is a state-of-the-art loan origination and management software designed to meet the needs of banks, alternative lenders, and fintech companies. With a focus on automation, flexibility, and scalability, HES LoanBox ... read more about HES FinTech

    HES FinTech Reviews

    Skilled vendor in the end-to-end development of Microfinance Lending Platforms reviewed by: Владимир Коротков
    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Pricing Type
    Contact Vendor
    33% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Native Integration
    • Online Application
    • Rapid Implementation

    Key Details
    Industries
    • Accounting
    • Banking
    • Financial-services
    • Hospital-health-care
    • Insurance
    • Legal-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • On Premises
    • Web-based
    Support
    • Email
    • Chat
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video
    • Blog
    • Case Studies
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Free Trial
    • Available Trial
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • CreditOnline

    5.0 1 Review

    CreditOnline is an end-to-end integrated loan business management software helping organizations connect and integrate all relevant parties in a state-of-art lending ecosystem. Our solutions were designed by working closely with software developers ... read more about CreditOnline

    CreditOnline Review

    CreditOnline always stands out because it is simple, fast, and cost-effective reviewed by: Kathy Taylor, Founder at WeloansUk
    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    • Linux
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • Webinars
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • Yes
    Payment Frequency
    • Monthly Payment
    • Free
    Vendor pricing page
    Visit website

  • LoansNeo

    5.0 1 Review

    LoansNeo is a lending management software developed for Banks and NBFCs. It comes with custom workflows, visual analytics, and AI-based recommendation features and can simplify loan origination, journey management, scheduling, payment tracking, ... read more about LoansNeo

    LoansNeo Review

    Great experience, I must say. The solution has all the tools we need for comprehensive lending management. reviewed by: Andrew Hudson
    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Loan Processing
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • On Premises
    • Web-based
    • Windows
    • Mac
    Support
    • Email
    • Chat
    • Phone
    • 24x7 Support
    Training
    • In-person
    • Documentation

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • Yes
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    • Quote Based
    • One-Time Payment
    Vendor pricing page

    Integration
    Integrated With
    • Salesforce CRM
    Visit website

  • TimveroOS

    5.0 1 Review

    Welcome to timveroOS: Revolutionizing loan origination. Submit applications through diverse channels - offline, app, or our B2B2x vendor portal. With 90+ ready integrations and a swift SDK for new data sources, manage ... read more about TimveroOS

    TimveroOS Review

    Easy to implement all-in-one lending operating system reviewed by: Ben Goldin, Founder & CEO at Plumery
    Entry Level Price
    Contact vendor
    Free Trial
    More than 30 days
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • On Premises
    • Web-based
    Support
    • Email
    • Chat
    • Phone
    • 24x7 Support
    Training
    • In-person
    • Documentation

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Free Trial
    • More than 30 days Trial
      (Credit card required)
    Payment Frequency
    • Annual Subscription
    Vendor pricing page Try Software Demo
    Visit website

  • Nortridge

    The company’s flagship offering, Nortridge Loan System is an all encompassing loan servicing software platform that helps lenders and servicers better track, manage and service their loan portfolios.It includes, at its core, ... read more about Nortridge

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Bid Management
    • Dispatch Management
    • Custom Patches
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars
    • Case Studies
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • Apache Fineract

    Apache Fineract is open source software for financial services. It provides a reliable, robust, and affordable solution for entrepreneurs, financial institutions, and service providers to offer financial services to the world’s 2 ... read more about Apache Fineract

    Entry Level Price
    Free version
    Free Trial
    Available
    Pricing Type
    Free
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Document Management
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • On Premises
    • Web-based
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Free
    Payment Frequency
    • Free
    Vendor pricing page
    Visit website

  • OpenCBS

    OpenCBS Cloud is a web-based Core Banking System that delivers high performance and top reliability: our new PostgreSQL database structure makes OpenCBS faster and more responsive. User experience is improved thanks to ... read more about OpenCBS

    Entry Level Price
    Free version
    Free Trial
    Available
    Pricing Type
    Free
    50% in Loan Origination Software

    Features
    • Compliance Management
    • Loan Processing
    • Native Integration
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Case Studies
    • On-Site Training

    Packages
    Pricing Type
    • Free
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • SPARK

    Developed by an experienced non-bank small business lender, SPARK is a cloud-based lending platform that helps small business lenders improve efficiency, generate revenue, and minimize risk. SPARK is an end-to-end, configurable technology ... read more about SPARK

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    Support
    • Email
    • Weekdays
    Training
    • In-person

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • BytePro

    Our Professional Services group provides custom configuration, best practice consulting, training, and implementation services to maximize your success with the BytePro® platform. Leverage the experience we have accumulated with over 1,000 of ... read more about BytePro

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Bid Management
    • Audit Planning
    • Custom Patches
    • Native Integration
    • Rapid Implementation

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • Kwik-Loan

    Emphasys Software provides an array of software solutions and related services to public housing authorities (PHAs), housing finance agencies (HFAs), local governments, real estate organizations, and financial lenders. Formed in 2000 through ... read more about Kwik-Loan

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Booking Management
    • Electronic Signature
    • Native Integration
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • FinnOne Neo

    Nucleus Software is the leading provider of lending and transaction banking solutions to the global financial services industry. Its software powers the operations of more than 150 customers in 50 countries, supporting ... read more about FinnOne Neo

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    33% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Customer Management
    • Loan Processing
    • Online Application
    • Rapid Implementation

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • FUNDINGO Loan Origination

    Amplifying the power of the Salesforce.com platform, the World’s #1 Customer Relations Management system, FUNDINGO provides the alternate lending industry with an automated, easy-to-use system that gives you the tools you need ... read more about FUNDINGO Loan Origination

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • iALARM

    iAlarm is a integrated web based, platform independent solution with Automation of Loans, Audits, Recovery and Monitoring processes. The integrated solution helps banks to accelerate loan disbursals with simple processes to on ... read more about iALARM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Audit Planning
    • Custom Patches
    • Native Integration
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • Leasepath

    Leasepath is the cloud-based CRM and Origination system for the Equipment Finance & Leasing Industry. Leasepath is the premier equipment leasing software solution for your equipment finance and leasing operation. It is ... read more about Leasepath

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Document Management
    • Loan Processing
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • LendFoundry

    LendFoundry is a fintech accelerator for digital lending. LendFoundry provides end-to-end lending solutions from marketing, acquisition, underwriting to loan servicing system.LendFoundry’s mission is to build the systems that will allow marketplace lenders ... read more about LendFoundry

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Audit Planning
    • Budget Management
    • Document Storage
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • ATLOS

    ATLOS is Loan Application Software that allows lenders to collect and store loan data, fill and e-sign forms, manage documents, and much more. Lenders using ATLOS can completely eliminate paper, resulting in ... read more about ATLOS

    Entry Level Price
    $60.00 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    100% in Loan Origination Software

    Features
    • Bid Management
    • Audit Planning
    • Document Storage
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    • Quote Based
    Vendor pricing page
    Available Packages
    Standard
    $60.00 Per Month
    Visit website

  • Finnova

    The modular structure of the Core Suite covers all modules with payment transactions, financing, investments (Investment Management & Operations), client and product master data, and taxes. Accordingly, the master data storage is ... read more about Finnova

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Audit Planning
    • Document Storage
    • Loan Processing
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • LendingFront

    LendingFront is a cloud-based, white-labeled lending technology that enables banks, and other lenders, to provide capital to small businesses more easily than ever before.That’s because there’s a lot that stands in their ... read more about LendingFront

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Bid Management
    • Budget Management
    • Document Storage
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • Loan Producer

    FICS® is a leading mortgage loan origination software, residential servicing software, and commercial loan servicing software provider. FICS offers the most cost-effective, efficient, flexible software solutions on the market today. FICS® has ... read more about Loan Producer

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Native Integration
    • Online Application
    • Simplified Configuration

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • LoanStacker

    Ellie Mae Encompass, BytePro, Calyx Point, LendingQB, NetOxygen Cirrus and others! Byte Mortgage Loan Document Management Ellie Mae Encompass Loan Document Management Documents scanned and recognized with LoanStacker are automatically uploaded to ... read more about LoanStacker

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Bid Management
    • Audit Planning
    • Custom Patches
    • Loan Processing
    • Rapid Implementation

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • Jungo CRM

    Jungo provides financial industry experts with marketing, co-marketing, compliance, and CRM solutions from one login. It is a one-stop-shop solution, integrating with thousands of leading platforms to give clients the ability to ... read more about Jungo CRM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    25% in Loan Origination Software

    Features
    • Compliance Management
    • Customer Management
    • Document Management
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Insellerate

    Insellerate helps lenders close more loans by helping them engage intelligently with their borrowers. Insellerate is a Mortgage CRM that helps manage workflow, contact strategies, lead prioritization, referral partner relationships and reporting. ... read more about Insellerate

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    25% in Loan Origination Software

    Features
    • Customer Management
    • Document Management
    • Loan Processing

    Key Details
    Industries
    • Human-resources
    • Nonprofit-organization-management
    • Retail
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    Support
    • Chat
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video
    • Blog
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page Try Software Demo
    Visit website

  • SparkLMS

    SparkLMS Loan Management Platform combines advanced technology, robust features, and intuitive design to empower financial institutions with seamless loan origination, servicing, and collections capabilities. Our Loan Management Platform is tailored to optimize ... read more about SparkLMS

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Customer Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Chat
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Pulse Mortgage CRM

    Supercharges your loan origination system and provides lead management tools, automated email marketing, loan status alerts and intelligent task management so you dont have to.

    Entry Level Price
    $49 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    50% in Loan Origination Software

    Features
    • Booking Management
    • Document Management
    • Loan Processing
    • Rapid Implementation

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • On-Site Training

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    • Quote Based
    Vendor pricing page
    Available Packages
    Standard
    $49 Per Month
    Visit website

  • StreamLoan

    Designed for commercial banks, insurance companies, and other financial agencies, it is a mortgage and loan management tool that assists with loan progress monitoring, creating audit trails, etc. Mortgage and loans management ... read more about StreamLoan

    Entry Level Price
    $49 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Customer Management
    • Document Management
    • Loan Processing
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Available Packages
    Standard
    $49 Per Month
    Visit website

  • MORTGAGESIMPLIFY

    Mortgage solution that assists organizations of all sizes with loan processing, information management, branding and email management. Web-based mortgage solution that helps lending firms with lead distribution, email marketing, partner management and ... read more about MORTGAGESIMPLIFY

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Customer Management
    • Document Management
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Novopay

    Future-proof your banking journey with Novopay's state-of-the-art Banking Platform that is cloud-native, mobile-first, API enabled, and AI-driven. Whether it is digital lending, prepaid card and wallet, or payment solutions, Novopay's products can ... read more about Novopay

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    25% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    Knowledge Base
    • Help Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Clustdoc

    Clustdoc is a client onboarding automation software used by modern teams to orchestrate, run and manage repeated industry-specific onboarding processes with clients or stakeholders. Stop chasing data and files across multiple tools. ... read more about Clustdoc

    Entry Level Price
    $100 Per Month
    Free Trial
    7 Days
    Pricing Type
    Usage Based
    20% in Loan Origination Software

    Features
    • Audit Trail
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Accounting
    • Banking
    • Education-management
    • Financial-services
    • Human-resources
    • Insurance
    • Investment-banking-venture
    • Legal-services
    • Real-estate
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Email
    • Chat
    • Phone
    • 24x7 Support
    Training
    • Webinar
    • Documentation
    Knowledge Base
    • Clustdoc Academy
    • Blogs
    • Support

    Packages
    Pricing Type
    • Usage Based
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Free Trial
    • 7 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page
    Available Packages
    Gold
    $100 Per Month
    Platinum
    $350 Per Month
    Visit website

  • Mortgage Automator

    Mortgage Automator was started in 2013 as a simple document generating tool for a small private lender in Toronto, Canada. The idea was to relieve the company from their redundant day-to-day tasks, ... read more about Mortgage Automator

    Entry Level Price
    $699 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Windows
    Support
    • Chat
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs

    Packages
    Pricing Type
    • Flat Rate
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Available Packages
    Standard
    $699 Per Month
    Visit website

  • Vergent

    Vergent LMS provides the most comprehensive and scalable lending management solution on the market. Spanning the entire loan cycle from loan origination to servicing, Vergent’s software solutions are tailored for each unique ... read more about Vergent

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in Loan Origination Software

    Features
    • Audit Trail
    • Document Management
    • Electronic Signature
    • Online Application

    Key Details
    Industries
    • Banking
    • Financial-services
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • CloudBankIN

    Habile Technologies offers robust, customizable, loan management and loan orgination software solutions to NBFC lenders, MFIs amd Fintech.That soothing summer evening was more than just an “after-work catch-up”. With heavy thoughts about ... read more about CloudBankIN

    Entry Level Price
    $175 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    100% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Cost Database
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application
    • Rapid Implementation
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • Case Studies

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    • Quote Based
    Vendor pricing page
    Available Packages
    Standard
    $175 Per Month
    Visit website

  • MeridianLink

    LoansPQ loan origination system is the industry's leading loan origination software, providing a full loan product suite to banks and credit unions. As a single loan origination system, LoansPQ consolidates and streamlines ... read more about MeridianLink

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Loan Processing
    • Online Application

    Key Details
    Industries
    • Accounting
    • Banking
    • Education-management
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars
    • Infographics
    • Case Studies
    • Whitepapers
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page Try Software Demo
    Visit website

  • eLendingPlatform

    In the fast paced and dynamic loans market, traditional software systems have either been tailored to fit a business at a specific time, or been entirely “Off-the-Shelf” and unpersonailised to your own ... read more about eLendingPlatform

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Booking Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Juris Origination

    Juris Origination harnesses its workflow engine to be the premier financing, loan, insurance, and mortgage management system in Malaysia. Find out more.Juris Origination Management (JOM) is a loan, financing, and insurance origination ... read more about Juris Origination

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Booking Management
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Webinars
    • Whitepapers

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • SmartLender Suite

    SmartLender offers all the operational efficient processes involved in the end-to-end Credit Loan Origination, Assessment and Management. Considering the labor-intensive task of Lending, Commercial Loan Origination is made easy with SmartLender driven ... read more about SmartLender Suite

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Booking Management
    • Electronic Signature
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Nova

    Nova is a Cloud-Based Loan Management System for the private lending industry. Our end-to-end system was built around the borrower experience, allowing them to upload documents and fill out forms with ease. ... read more about Nova

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Compliance Management
    • Booking Management
    • Document Management
    • Loan Processing
    • Native Integration
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • DigiFi

    DigiFi is the next-generation platform for automated digital lending. Our products help companies build world-changing lending platforms that combine modular capabilities and unique digital customer experiences.Traditional lending platforms limit innovation, rather than ... read more about DigiFi

    Entry Level Price
    $1495 Per Month
    Free Trial
    Available
    Pricing Type
    Flat Rate
    100% in Loan Origination Software

    Features
    • Audit Trail
    • Cost Database
    • Document Management
    • Electronic Signature
    • Loan Processing
    • Native Integration
    • Online Application
    • Simplified Configuration

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Phone
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Available Packages
    Standard
    $1495 Per Month
    Visit website

  • Rockport System

    Rockport is a Commercial Real Estate lending management Software as a Service (SaaS) system that allows for complete organization and analysis of clients' internal information related to CRE lending: analytic tools, a ... read more about Rockport System

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in Loan Origination Software

    Features
    • Audit Trail
    • Compliance Management
    • Booking Management
    • Document Management
    • Loan Processing
    • Online Application

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Windows
    Support
    • Phone
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

Buyer’s Guide

What Is Loan Origination Software?

Loan origination software is a tool that allows banks and financial institutes to automate the loan related processes like underwriting, credit decision, and borrower verification. A loan origination system typically specializes in one of two loan areas: consumer lending or mortgage lending. Compared to a mortgage loan, consumer loans are much simpler to review and require less information to process.

Loan origination software is generally used by the following sectors;

  • Banks
  • Non-banking financial institutions (NBFCs)
  • Micro financing institution
  • Credit cooperatives
  • Fintech companies
  • Mortgage loan originators/brokers
  • Housing finance companies
  • Small finance banks

Loan origination software can be used for two purposes - The consumer loan origination purpose, and the mortgage origination purpose. There is often confusion between the consumer loan origination software and mortgage origination software, but there is a slight difference that sets them apart.

What Is The Difference Between The Consumer Loan Origination System Vs. The Mortgage Origination System?

  • Consumer loan origination software: The consumer loan origination system automatically handles the applicant’s loan procedure and releases the fund as soon as it gets sanctioned by the financial institute. The majority of loans that are supported by consumer loan origination software involve direct auto loans, business loans, indirect auto loans, home equity, personal loans, retail loans, etc.    
  • Mortgage loan origination software: Mortgage loans is a system designed specifically for the mortgage lenders that enables consumers to apply and receive financial assistance to buy a home, or to against the value of the home. The mortgage loan origination software reflects important information related to the mortgage like amount tenor pricing, repayment type, frequency of repayment, collateral offers, etc. One major factor that sets apart the mortgage loan origination process is that it involves an intermediary called a mortgage broker. The mortgage broker's role is to find the best suitable lenders for the applicant and submit the necessary documents to lenders/banks on behalf of the loan applicant. Though it is unnecessary to apply for a mortgage through a mortgage broker, most prefer taking this route. Most mortgage brokers use either loan origination software (LOS) or mortgage CRM to manage their tasks. The loan origination software for brokers enables the users to search for loans, communicate with banks, and manage the overall loan origination procedure.

What Are The Benefits Of Loan Origination Software?

  • Faster authentication and verification process:  The process of authentication and verification of applicant information like account information, mortgage history, bank statements, and credit score becomes faster with the LOS system. 
  • Automated workflow: The loan origination system allows banks to automate the workflow, which helps them to maintain consistency throughout the loan origination process. 
  • Automatic notification:  The consumer loan origination software notifies the applicant about the loan approval through text message or email. 
  • Digital documents:  Digital documents propels the loan origination processes and reduces the overall costs. It takes away all the hassles of paper documents like sending documents through courier for signing.
  • Better customer service:  Due to multichannel communication systems and faster customer service, the boarding of customers (borrowers) becomes easier.
  • Verifying KYC: By integrating third-party data sources through API, the loan origination system can extract the necessary data from trustworthy sources to check KYC.
  • Accurate decision:  The commercial loan origination software provides lenders with detailed insights about the borrower’s loan request. It becomes easier for lenders to make decisions on lending money to the borrower.
  • Eliminate fraud detection: Loan origination solutions with predictive analysis can determine the risk of sanctioning a loan to the buyer. 
  • Predictable revenue: With loan process automation, one can easily predict the revenue the leads can fetch.

What Are The Features One Must Look Into Loan Origination Software?

  • Integrated document management 
  • Loan auto decision
  • Automated loan status
  • Reports and analytics
  • Lead management
  • Third-party integrations
  • Data extraction and verification
  • Validate data across documents
  • API for data exchange
  • LOS origination and POS capabilities
  • CRM functionality

Why Do Banks And Financial Institutes Need Loan Origination Software?

For any business, customers are the biggest asset; if the business fails to build a strong customer base, it may not last long. Banks and other financial institutes should invest in Loan Origination software as it can enhance the experience of the customers approaching for loans or other financial assistance. Check the following points that are most commonly complained by a customer during a loan process:

  • Offered irrelevant product or services
  • Same data captured multiple times and multiple places
  • Delay in getting pre-approval
  • Unreasonable or excessive document requests
  • Inability to transition between channels
  • Not offered relationship pricing (customer relationship)
  • Submission of multiple applications for multiple products
  • Multiple in-person visits to the branch
  • No visibility into real-time status of the application

These issues can be resolved completely with the help of top loan origination software. The advanced loan origination software allows users to approve loan applications in real-time. It eliminates all the unnecessary steps that usually delay loan approval or cause friction between consumers and the financial institutes. Check the following points.

  • Streamlining process: The loan origination is streamlined by automating the processes like account opening, document generation, workflow management, etc.
  • Enhancing customer relationship: With centralized customer data, it becomes easy for banks to track customer history and use it to build a better relationship.  For instance, the banks can use these data to offer a special discount to their loyal consumers or exceed the loan amount limit.
  • Credit scoring: The loan origination solutions can be used for credit scoring and collateral valuation.
  • Easy transition: The commercial loan origination software exposes the origination process to all the proprietary channels so that the customer can easily transit from one channel to another. 
  • Single submission for all products: The loan origination system removes the application complexity by allowing users to submit multiple products and bundle products all at one go.

Successful banks and financial organizations are no longer focused on profitability alone but on enhancing the "customer-facing" process like origination. Reports suggest that the global loan origination software market size is expected to grow at CAGR 14. 2% in 2025 and will reach 5273.2 million dollars. It implies that lending organizations are optimistic about the benefits of loan origination software. 

How Can An Organization Successfully Implement The Loan Origination System?

Step 1) Infrastructure readiness: In this step, the organization should analyze their infrastructure capabilities and conduct a thorough review of factors like costs, data-security, long-term maintenance, data security, etc.  Based on the reports, the organization can determine whether to continue with the traditional in-house hosting system or use the software delivered as a service (SaaS).

Step 2) Match software features:  Different financial institutes have different loan structures. They may differ in their interest rates, taxation, and fund release criteria. It is essential that the organization match their requirements with software before buying them out.  The best way of doing this is to view the RFP (Request for Proposal) submitted by the loan origination software vendors and compare the features offered by them.  The decision-makers can also review the white papers or ask for a free demo to get better visibility on the vendor's offering.

Step 3) Select the vendor: Once the infrastructure is ready and the right pick of the software is done, then it is time to get in touch with the vendor.

Step 4) Take approval from an authorized person:  All the necessary documentation and approval for boarding the vendor service is performed.

Step 5) Integrating LOS system: It is critical to discuss about the software integration facilities. Once the integration requirements are clarified, the software vendor can proceed with the integration process.

Step 6) Verify legal compliances: The next step is to verify the Software compliance.

Step 7) Acting administrator:  Identify the person who takes complete charge of the loan origination solutions in the organization, all the communication about the software should be done through this person. He will act as a mediator between the users and software vendors.

Step 8) Investigate: Find out whether software users are facing any challenges in using the LOS software.

Step 9) Train the users: The software vendor should train the users for its optimum use.  It helps users to quickly put the LOS system in use.

Step 10) Evaluate the loan origination software: It is necessary to evaluate the performance and utility of the software in frequent intervals. It will help users to determine the ROI on the software and whether the implementation was successful.

Key Elements To Consider Before Investing In Loan Origination Software

  • Scalable:  Financial institutes may have to deal with many loan applications, and the numbers can rapidly shoot up. It is essential that the loan origination software is scalable and accommodates the lending business's growing needs.
  • Compatible to mobile and web:  With the rising number of mobile users, it is essential that LOS software is compatible with mobile and web. A LOS system with mobile device support can significantly impact the client’s business.
  • End-to-end Automation:  Automation is the key to obtain maximum output and reduce operational costs. End-to-end automation of loan origination software enables financial institutes to close more qualified loans faster with improved operational efficiency.   
  • Security parameters:  Security is an important part of any software, especially when it involves money. The users can ask the LOS vendor on how to store the data and safeguard the data from any breaches. 
  • Smooth third party integration: Though a standalone loan origination system with the in-built features is much appreciated, few features can only be imported from external sources. Loan origination software must support end-to-end 3rd party integration.
  • Software cost: The loan origination system comes in various price models based on the features. The amount of your investment should be tailored to the organization size and requirements.  It is important that users verify the software cost and hidden charges before buying it.
  • Comprehensive view:  Besides the loan origination process, the top loan origination software should give a comprehensive view of loan disbursal, the credit assessment, and loan repayment modules.
  • User-friendly interface:  A simple loan origination system with a simple workflow is the first thing users want to see in their LOS system. 
  • Customer support:  For uninterrupted functioning of the LOS system, the software must be backed with strong customer support. Good customer support could save a lot of time and unnecessary costs in fixing the technical glitch.

The users or startups who are having their first interaction with the loan origination system and are not willing to take monetary risks by buying expensive tools can always consider using a free loan origination software or the trial version offered by the best loan origination software vendors.

Loan Origination Software Trends To Watch

  • Data scraping: Data scraping is the process of importing information from a website into a spreadsheet or local file saved on the computer. The data scraping can allow the financial institution to determine how prompt a borrower is while repaying the loan. If the loan origination software can extract the user’s payment history from various sources, it is easier for banks to decide on the loan approval.
  • Cloud technology: Cloud services enable lenders to implement the latest loan origination software (LOS) without the need for additional on-premise investments in IT infrastructure and operational overhead. The loan processing software based on the cloud can be scaled easily. Another advantage of cloud technology is that the documents can be well managed and securely stored on the cloud.   
  • Automated decision rules: By using predetermined decision rules on loan applications, the software can fast-track the approval process. 
  • Use of ML and AI in the lending process:  As AI and ML are advancing, the financial organization is incorporating them into more segments. Primarily the technology can be used for checking discrepancies, credit scoring, and automated loan offer generation.
  • Microservices in LOS system: The loan origination software can accelerate the functions by incorporating the microservice architecture in the system. 

Security And Safety About Loan Origination Software

Yes, most of the loan origination software is safe and secure to use.

The loan origination software that follows strong security measures like multi-factor authentication, data encryption, installing the latest security patch, following regulatory compliances, data-backup, etc., are safe to use. Some users who don’t have a strong IT infrastructure might even prefer using a cloud-based lending system. 

If an organization’s lending operation spans disparate LOS platforms, it would be difficult to maintain uniform compliance across all the platforms.  Also, directing data and information integrity throughout the organization could be problematic. It is usually preferable to use a single LOS platform for better security and compliances. 

What Is The Average Cost Of A Loan Origination Software?

The average cost of commercial loan origination software could be between $40 and $1500/month. The investment done towards the best loan origination software may be one-time, and the users may choose them based on their requirement and budget. If the users are in the hunt for a low budget tool with some exceptional features, then Pulse Mortgage CRM is an ideal choice. The software charges $49/month, and it could be very nominal compared to other high-end tools. However, the initial set-up may come costly as it charges one-time set-up fees of $299. If the user is a startup and does not want to bet on the enterprise software, then free loan origination software could be a better alternative

The organizations having a less number of users and less storage requirement can choose the LOS system like ATLOS with a starting price of $60/month. However, the software can be scaled up as per the user’s requirement, and the charges will go up as the number of users and storage space increases. The price can exceed $300/month.   

Those looking for next-generation loan origination software with cloud hosting capabilities and a rich interface can opt for DigiFi. The starting price of the tool is about $1495/month, which may shoot up to $4995/month. The price variation could be due to the number of team members, security & compliance audit support, and dedicated support lead.

Several companies also look for free and open source loan origination software as they allow them to explore the loan origination software solution from a different perspective, which is less complex and more productive.

Why Refer To Goodfirms’ List Of Top Loan Origination Software?

GoodFirms is a well-known review and rating site for IT solutions. It has been playing a significant role in helping companies to make an informed decision on the software product. The transparent review process filters the best product for the users and fulfills their explicit needs. 

Do not miss to check the GoodFirms list of best loan origination software to pick the right and reliable software.  

Frequently Asked Questions

What Is the Best Loan Origination Software Available in the Market?

Every business has different loan origination process needs. The best loan origination software for your business is the one that provides all tools you need for perfect loan origination process management. Additionally, it must fit within your budget and ensure profitability in the long run. For other factors to consider while buying loan origination tools, please check the Buyer’s Guide for Loan Origination System.

GoodFirms list of top loan origination software provides insights into the various popular loan management software tools available in the market, their features, pricing information, reviews, and ratings. Explore this list and leverage the filters for business size, pricing model, deployment type, required features, and more to shortlist the best loan origination software for your business.

Are Loan Origination Software and Loan Servicing Management Systems the Same?

No. Loan origination systems cover only the origination stages (the stages from loan application to processing and disbursal) of the loan management process. It provides numerous tools to control loan origination tasks. Businesses that deal with the loan origination phases of loan management leverage loan origination software to streamline their operations. In contrast, the best loan servicing management software systems are typically all-inclusive solutions that cover loan servicing and repayment in addition to loan origination tools. Thus, loan origination systems are origination-function-specific subsets of loan management systems.

Can Loan Origination Software Shorten the Loan Servicing Process?

Loan origination systems help control and streamline all activities/operations in the loan origination stages of loan management lifecycle for businesses, including pre-qualification or data collection, risk assessment, loan application, documents submission, application processing, verification/underwriting, approval, contract agreement, and loan funding/disbursal. Thus, it saves time and shortens the loan origination process.

How Much Does Loan Origination Software Cost?

The pricing of loan origination systems largely depends on the features these tools offer, the number of users, and the deployment type. As loan origination tool requirements vary a lot for different businesses, loan origination system vendors commonly design customized pricing; they allow their customers to choose the set of tools and features they require and charge accordingly.

There is a high degree of variation in the pricing range of the top loan origination software; for example, CloudBankIN costs $40 per month (for 1 user), and ATLOS costs $60 per month for the starter plan (3 users) and $300 per month for the premium plan that allows upto 25 users. Some popular but costly loan origination systems include Nortridge, an all-inclusive loan management system that costs $1000 per month and DigiFi costs $1495 per month. Besides, some software vendors allow free trials of their loan origination software for a limited term; for example, LendingWise. You may leverage these free trials to understand better what the software offers before you opt to buy one.

Are There Any Free Loan Origination Systems Available?

Yes, there are free loan origination software tools available for businesses with budget constraints and startups that cannot afford costly solutions; for example, free and open source software, Apache Fineract. Please refer to the GoodFirms blog on Best Free and Open Source Loan Origination Software to find many more free loan origination system tools.

Are Loan Origination Tools Secure?

The best loan origination systems typically offer multi-layer security tools to ensure your business data security. As security is essential, you can also confirm (with the vendor) the software’s security features for data backup, data storage, data integrity, data sharing, encryption, and vulnerability scanning. You may also check the customer reviews, ratings, and feedback for multiple tools from the list of best loan origination software solutions curated by GoodFirms.

How Fast and Easy Is Loan Origination Software to Implement?

Modern cloud-based loan origination systems can be implemented with ease, within a few months. The implementation time varies for different loan origination software tools. Please confirm the software implementation time with the vendor before finalizing the software.

Related Categories

Banking Software
Loan Servicing Software
Financial Planning Software

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