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MeridianLink Consumer vs. Nortridge Loan System

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MeridianLink Consumer
Score 10.0 out of 10
N/A
MeridianLink Consumer, formerly known as LoansPQ®, is a loan origination system, providing a full loan product suite to banks and credit unions. As a single loan origination system, MeridianLink Consumer consolidates and streamlines applications from all channels, applying the same rules and processes to ensure a streamlined process for bank and credit union staff and a world-class consumer experience for members and customers.N/A
Nortridge Loan System
Score 8.2 out of 10
N/A
The Nortridge Loan System is a loan servicing platform from Nortridge Software in Lake Forest, California.N/A
Pricing
MeridianLink ConsumerNortridge Loan System
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MeridianLink ConsumerNortridge Loan System
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details——
More Pricing Information
User Ratings
MeridianLink ConsumerNortridge Loan System
Likelihood to Recommend
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
MeridianLink ConsumerNortridge Loan System
Likelihood to Recommend
No answers on this topic
Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.
MS
Michael Sen
System Administrator
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Pros
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  • It can be deployed in the cloud making it easier to implement.
  • There are many different options for implementation in our IT environment including on-prem.
  • It can integrate with our Active Directory allowing for easy user management.
MS
Michael Sen
System Administrator
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Cons
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  • In some instances, we have noticed there are some latency issues when reading and writing from SQL databases as new code bases get released.
  • API library upgrades could be tested a bit better in each new release.
  • Cloud implementation could be a bit more streamlined.
MS
Michael Sen
System Administrator
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Alternatives Considered
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We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business from servers to segregated networks, and backups to ensure availability. With Northridge Loan Systems being able to be implemented in the cloud, we can ensure higher availability to our loan servicing teams and increased insurance that data will be safe with the DR procedures surrounded in the cloud.
MS
Michael Sen
System Administrator
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Return on Investment
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  • One pro to Northridge Loan System is that we can migrate off of old on-premise servers that are out of compliance.
  • With Northridge Loan System being compatible in the cloud we can deploy it within AWS promoting for long term scalability
  • We are able to manage and organize all loan-related data easily and more streamlined with Northridge Loan System
MS
Michael Sen
System Administrator
Read full review
ScreenShots