LoanPro vs. Mortgage Builder Software

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LoanPro
Score 7.3 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
Mortgage Builder Software
Score 9.2 out of 10
N/A
Mortgage Builder, a subsidiary of Constellation Mortgage Solutions, is presented as a robust and comprehensive loan servicing platform that automates key functions of loan servicing. Benefits include standard and custom reporting capabilities and web access to loan-level information for internal personnel and external parties. The vendor states MB strives to meet lenders’ needs throughout the entire loan cycle from origination to post-closing to servicing.N/A
Pricing
LoanProMortgage Builder Software
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
LoanProMortgage Builder Software
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
LoanProMortgage Builder Software
Top Pros
Top Cons
User Ratings
LoanProMortgage Builder Software
Likelihood to Recommend
8.7
(3 ratings)
9.2
(2 ratings)
User Testimonials
LoanProMortgage Builder Software
Likelihood to Recommend
LoanPro
Any lender that needs to manage a portfolio, provide servicing or have a thoughtful collection process.
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Mortgage Builder
Mortgage Builder offers a solid and stable group of products that will allow you to manage your customer pipeline end-to-end, with good support, at a lower price compared to the big boys in this arena. That said, you will have a less polished offering but they are moving in the right direction of updating many of their components.
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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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Mortgage Builder
  • Organize
  • task manager
  • user interface ease
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Cons
LoanPro
  • Screen spacing can be improved or optimized better.
  • Contract is somewhat rigid to Loan Volumes.
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Mortgage Builder
  • Their web-based customer portal and customization is somewhat dated
  • Their support is solid but seems to be over-burdened and slow at times
  • Pricing components seem to be a work in progress
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Alternatives Considered
LoanPro
No answers on this topic
Mortgage Builder
I would choose Mortgage Builder over all of these products. It's a lot easier to use and provides real time data for each specific customer. Great product and great product support for needs outside of business and tech issues. The company must buy and great for your business needs. Great product.
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Return on Investment
LoanPro
  • Better Customer Experience
  • More Control over Security Levels (Employees & Vendors)
  • Increased Scalability to Grow
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Mortgage Builder
  • It has been less expensive than some of the other more well known applications
  • They offer a relatively quick turnaround on any customer or user issues that may arise with their support team so that the the process is not significantly delayed
  • It allows for a wide variety of loan programs and scenarios to complete loans
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ScreenShots

LoanPro Screenshots

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