Nortridge Loan System vs. TValue

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.

Incentivized

It's best suited for any department that needs to frequently calculate large payment schedules. If you don't need this that much, then I don't think it's worth the price. You can create a schedule on your own, it will just take more time.

Incentivized

• 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.

Incentivized

• Calculate large payment schedules
• Synchronize with Excel
• Re-calculate payment schedules whenever there is an adjustment

Incentivized

• 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.

Incentivized

• The layout is really outdated compared to other accounting software.

Incentivized

Pretty easy to use, easy to find options. The only complaint is the layout is too outdated.

Incentivized

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.

Incentivized

We have not tried any other interest calculation software since we started using TValue. There just doesn't seem to be the need to switch and there aren't many options out there

Incentivized

• 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

Incentivized

• Saves a lot of time.
• Provides precise calculations.

Incentivized