Refreshingly modern lending software
We've almost entirely automated collections. It was a struggle for us to find good collectors, and since LoanPro automatically …
LoanPro
LoanPro
LoanPro
Overview
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...
Recent Reviews
Product Details
- About
- Integrations
- Competitors
- Tech Details
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.
LoanPro Features
- Supported: Configuration first approach for a simple step by step lending process
- Supported: Integrations through our robust and up-to-date API
- Supported: Built on AWS for complete scalability
LoanPro Screenshots
LoanPro Video
Todd is a new user of LoanPro who now has free time because of it.
LoanPro Integrations
- Amazon Web Services
- Authorize.Net
- DocuSign
- CoreLogic Credco
- TCN Cloud
- Versapay
- Loan Payment
- ACHQ
- The Service Bureau
- Select Bankcard
- VinLink
- REPAY
LoanPro Competitors
LoanPro Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | United States, Canada |
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Reviews and Ratings
(7)
Reviews
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November 13, 2021
Refreshingly modern lending software
Score 10 out of 10
Vetted Review
Verified User
We've almost entirely automated collections. It was a struggle for us to find good collectors, and since LoanPro automatically follows up on payments, we haven't needed to staff the same workforce.
- Automate collections
- Organize lending pools
- Adaptable for growth
- So far so good
- Recurring billing
- Past due organization
- Allowed us to collect more with fewer employees
We use LoanPro as our company-wide Loan Management software, it is robust enough to handle a variety of Loan and Lease products and that flexibility is primarily why we chose it. We do not service our own loans on LoanPro but intend to in the future.
- 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.
- Screen spacing can be improved or optimized better.
- Contract is somewhat rigid to Loan Volumes.
- API Capability
- Ease of Conversion
- Price and Cost Efficiency
- Better Customer Experience
- More Control over Security Levels (Employees & Vendors)
- Increased Scalability to Grow
February 06, 2021
LoanPro is the best loan servicing system in the market
Score 10 out of 10
Vetted Review
Verified User
We led the launch of a new online lender and had to select a modern loan servicing platform. We were aware of others in the market and their legacy tech, or limited functionality. We were referred to LoanPro, did a thorough investigation on their platform, functionality and api's. Platform seemed to meet all expectations and then some. We selected LoanPro, the implementation was seamless and since having the platform we have had our expectations met 110%.
- API
- Easy UI
- Easy Configuration
- Super Support
- They meet all expectaitons
- Ability to scale without driving Opex
- Better User Experience for my customers