LoanPro vs. MeridianLink Consumer

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LoanPro
Score 5.1 out of 10
N/A
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…N/A
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
Pricing
LoanProMeridianLink Consumer
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
LoanProMeridianLink Consumer
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
LoanProMeridianLink Consumer
User Ratings
LoanProMeridianLink Consumer
Likelihood to Recommend
8.9
(3 ratings)
-
(0 ratings)
User Testimonials
LoanProMeridianLink Consumer
Likelihood to Recommend
LoanPro
Any lender that needs to manage a portfolio, provide servicing or have a thoughtful collection process.
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MeridianLink
No answers on this topic
Pros
LoanPro
  • 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.
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MeridianLink
No answers on this topic
Cons
LoanPro
  • Screen spacing can be improved or optimized better.
  • Contract is somewhat rigid to Loan Volumes.
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MeridianLink
No answers on this topic
Return on Investment
LoanPro
  • Better Customer Experience
  • More Control over Security Levels (Employees & Vendors)
  • Increased Scalability to Grow
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MeridianLink
No answers on this topic
ScreenShots

LoanPro Screenshots

Screenshot of New loan setupScreenshot of Loan terms setupScreenshot of Admin statsScreenshot of Loan summary page