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Loan Servicing Software

Loan Servicing Software Overview

What is Loan Servicing Software?

Loan Servicing Software automates the loan lifecycle from origination, credit decisions, payment processing and collections, to accounting and reporting. Loan servicing software vendors may support originations for mortgage, consumer, home equity and business loans.


Beside loan lifecycle management, loan servicing software may also support financial product creation and management. They provide a means to configure product parameters, rate, pricing, and responsiveness to lendee characteristics.

Loan Servicing Features & Capabilities:

Loan servicing software platforms contain the following characteristics:

  • Specialize in accommodating particular loan types (e.g. mortgage, commercial lending)

  • Credit origination, approval, credit application management

  • Customer & loan lifecycle management

  • Loan calculator, complex & irregular scenario management

  • Delinquency management in-built

  • Marketing modules or add-on

  • Lead generation, sales acceleration

  • Profitability tracking, revenue management

  • Audit trail, documentation to satisfy regulators

  • Compliant data security

Pricing Information

Loan servicing software is generally highly modular and tailored to the needs of the individual lender. This means catering to the kinds of loans’ their customers' service, and the size of the lending organization. Many potential software buyers in the lending space prefer on-premise solutions. The requirement of containing risk of data leak or maintaining regulatory compliance probably drive this preference. Therefore many vendors offer cloud-based or installed solutions with a high degree of customization.


Many lending servicing solutions rise to encompass all the needs of the lender. So they contain marketing, CRM, document storage and management, and other capabilities. For this reason, pricing varies extremely widely, and costs tend to be high. Most vendors prefer free demonstration to give potential customers a sense of what their tailored solution will cost.

Loan Servicing Products

Listings (1-25 of 93)

FinnOne Neo Cloud is an automated, workflow-based and technologically advanced lending solution designed to offer best in class loan lifecycle management capabilities combined with the power of the cloud. It enables customers to digitize and automate their processes, launch tailored products in a...

2 Ratings

TValue is a loan structuring and origination software and calculation tool from TimeValue Software headquartered in Irvine. It is available as a cloud-based software or installed.

We don't have enough ratings and reviews to provide an overall score.

Newgen Commercial Lending Solution aims to automate and streamline the lending cycle for all loan types, from prospecting and origination to under writing, disbursement and servicing. The solution is built on a business process management framework to enable credit origination, approval and monit...

We don't have enough ratings and reviews to provide an overall score.

Shaw Systems Leasing is auto lease portfolio management software to help vehicle leasing finance organizations obtain business faster and at a lower cost. According to the vendor, the software helps customers manage risk, expand customer relationships, and increase competitive advantage. The soft...

We don't have enough ratings and reviews to provide an overall score.

Sageworks ALLL is a solution for loan allowance and lease loss calculation and is targeted for banks and credit unions. It is designed to help streamline the reserve calculation while providing a consistent analysis that is defensible to auditors, examiners & the board. According to the vend...

We don't have enough ratings and reviews to provide an overall score.

Newgen Loan Origination solution aims to provide financial institutions with a ready-made solution which is domain rich and can be deployed quickly, along with the ability to enhance its capabilities through a configurable BPM framework. Capabilities include: 1.Pre-screening 2.Credit Application ...

We don't have enough ratings and reviews to provide an overall score.

Creditstream, Shaw Systems' boarding and pipeline tracking system, aims to provide less risk and more automation. The system is designed to import a loan or lease from a source system and automatically track custom checklists and activities to all deal components including exceptions, documents, ...

We don't have enough ratings and reviews to provide an overall score.

Shaw Systems Collection is a loan management software and recovery solution for banks, credit unions, auto dealers, finance companies, and financial institutions of all sizes. The solution provides tools for managing compliance with industry, regulatory, and corporate standards. According to the...

We don't have enough ratings and reviews to provide an overall score.

Shaw Systems Commercial is loan servicing software for banks, credit unions and finance companies. According to the vendor, the software safely manages risk and automates the complexity that comes with commercial loan servicing. The software allows users to manage commitments, participations, fee...

We don't have enough ratings and reviews to provide an overall score.

Shaw Systems Retail is loan servicing software for banks, credit unions, auto dealers, and finance companies. The vendor says it is an all-in-one solution for consumer lending that eliminates the need for manual processes to support retail credit functions. All aspects of retail loan servicing, i...

We don't have enough ratings and reviews to provide an overall score.

LenderSuite is loan servicing software from Dynamic Interface Systems in Los Angeles.

We don't have enough ratings and reviews to provide an overall score.

Shaw Systems RECOVERY post charge-off management software system is a fully integrated recovery accounting application. It is designed for banks, finance companies, auto dealers, credit unions, and other financial institutions. According to the vendor, the system fits every phase of an account’s ...

We don't have enough ratings and reviews to provide an overall score.

Margill Loan Manager is designed to handle a number of payment scenarios. According to the vendor, this solution’s sophisticated mathematics make it the choice of governments, public and private companies, private lenders, accountants and developments agencies that service between 10 and 30,000 ...

14 Ratings

FinnOne Neo is a lending solution built on an advanced technology platform, designed to shape the future of lending across Retail, Corporate and Islamic sectors. The multi-channel solution aims to help digitize the complete loan lifecycle end to end, from initial contact with customers and helpin...

We don't have enough ratings and reviews to provide an overall score.

Loan Center is a cloud-based SaaS loan origination system developed by CoreLogic. It is designed to automate workflows for retail and third-party lenders, with a simple visual interface and a focus on security.

We don't have enough ratings and reviews to provide an overall score.

Calyx Software offers Point for mortgage officers, software supporting the loan lifecycle from prequalification to processing.

We don't have enough ratings and reviews to provide an overall score.

Calyx Software offers PointCentral, a more robust solution than Point which contains loan origination features, but not the additional administrative support features (compliance and business rules, role restricted access to data, etc.) that are a part of PointCentral.