#1 most frequent
United States of America
84.3%43 installations of 51
What is LoanPro?
LoanPro is software with features including payment solutions, data management, customer communication, and reporting. LoanPro also provides data management features such as verification tools, storage, and live amortization.
LoanPro is an API-based, fully-scalable, lending solution in the US/Canadian marketplace. Its configuration first approach allows for custom rules and wizards to make loan tracking easier, automated workflow, and scalability. LoanPro is presented as an ideal loan management software for mid-market and enterprise lenders. With LoanPro, the vendor states lenders enjoy increased transparency, security, control, flexibility, real-time database access, calculation accuracy, and scalability, all on a PCI-DSS & SOC I & II certified platform.
Categories & Use Cases
Media
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Screenshot of New loan setup
Who Buys & Uses LoanPro
#2 most frequent
Canada
7.8%4 installations of 51
#3 most frequent
Australia
2.0%1 installation of 51
Refreshingly modern lending software
Pros
- Automate collections
- Organize lending pools
- Adaptable for growth
Cons
- So far so good
Most Important Features
- Recurring billing
- Past due organization
Return on Investment
- Allowed us to collect more with fewer employees
LoanPro is the best loan servicing system in the market
Pros
- API
- Easy UI
- Easy Configuration
- Super Support
Cons
- They meet all expectaitons
Return on Investment
- Ability to scale without driving Opex
- Better User Experience for my customers
Value is Unquestionable. Solid Software from a Solid Team!
Pros
- Smooth Sleek UI and Zero Bugs (so far!)
- Customizable Segmentations (Loan Statuses/Portfolios)
- Several Bolt-On Ready-To-Go Integrated Vendors for items like SMS Email Phone etc.
Cons
- Screen spacing can be improved or optimized better.
- Contract is somewhat rigid to Loan Volumes.
Most Important Features
- API Capability
- Ease of Conversion
- Price and Cost Efficiency
Return on Investment
- Better Customer Experience
- More Control over Security Levels (Employees & Vendors)
- Increased Scalability to Grow
Other Software Used
Plaid, QuickBooks Online, TransUnion Customer Engagement Solutions
