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Nortridge Loan System vs. Shaw Systems Loan Servicing Software

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Shaw Systems Loan Servicing Software
Score 9.0 out of 10
N/A
Shaw Systems offers a state-of-the-art loan servicing software solution, boasting over five decades of experience and a solution that manages every aspect of the servicing life cycle through customer service, delinquency management, recovery, and placement. Shaw's integrated loan servicing software system offers support for the needs of the borrower, dealer, internal staff, and management. Shaw supports a variety of consumer loan servicing software products. Their products have integrated…N/A
Pricing
Nortridge Loan SystemShaw Systems Loan Servicing Software
Editions & Modules
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Offerings
Pricing Offerings
Nortridge Loan SystemShaw Systems Loan Servicing Software
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeRequired
Additional Details——
More Pricing Information
User Ratings
Nortridge Loan SystemShaw Systems Loan Servicing Software
Likelihood to Recommend
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
Nortridge Loan SystemShaw Systems Loan Servicing Software
Likelihood to Recommend
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
  • 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
  • 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
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
  • 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
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ScreenShots