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LendingPad is an innovative, secure & powerful cloud-based mortgage loan origination system (LOS) created by mortgage banking professionals to optimize the complex loan origination process today. LendingPad is endorsed by NAMB, AIME, an MBA member, and a winner of the 2019 HW's Tech100 award. Designed for bankers and brokers alike, it is fully integrated with vendors, offers the ability to customize, intuitive UI, easy setup, multi-user same-file edits, and real-time loan pushed updates.
Typical customers
Platforms supported
Support options
Training options
Starting from
No pricing info
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Value for money
4.6
/5
64
Starting from
No pricing info
Value for money contenders
Functionality
4.3
/5
64
Total features
43
3 categories
Functionality contenders
Overall Rating
4.5
/5
64
Positive reviews
42
14
5
1
2
Overall rating contenders
Jenny A.
Banking, self-employed
Used daily for 2+ years
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I like how easy this program is and the online chat support.
Wish we could export the 1003 into the Lenders portal..
We appreciate you for taking the time to share your experience with LendingPad. Our company places great importance on our clients' feedback to continually enhance our services. Having a direct lender integration is one of our top priorities in the coming future. Please keep an eye out for our system updates and product releases that announce any changes in the system. Thank you for choosing LendingPad, and we are eager to continue serving you.
Austin D.
Real Estate, self-employed
Used daily for 2+ years
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The full online function can be used anywhere at anytime.
Wish there was more customizable screens.
I wanted to take a moment to personally thank you for taking the time to provide us your feedback. It's always great to hear from our users! Your review not only helps us understand what we're doing right but also helps others who are considering using our platform. We're so glad that you've had a positive experience with LendingPad and we hope to continue providing you with exceptional service. Regarding...
Richard S.
Real Estate, 1,001-5,000 employees
Used daily for 6-12 months
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I've been in the mortgage business since 1999. Lending Pad is the worst LOS I've worked in. I'll just throw in the fact that in your drop downs for this survey, for "what is your business" there are like 30 categories, 28 of which don't even remotely apply to mortgage loan origination! I realize this survey is a third party service, but couldn't you "pony up" a couple of bucks to add "loan officer" or "loan originator?" If I were not mandated by NEXA to use your product, I would have trashed it after 2 loan files.
I don't see any that outweigh the "cons."
Numbers get transposed when uploading to the lender portal. e.g I've had ss# space populated by cell phone numbers. There is no option to create templates. Every file needs each fee manually input every time. We have no real interface with lenders or investors. It times out way to fast. No ability to switch company profiles i.e I'm a NEXA broker AND an AXEN (mini corr) branch manager. Therefore I,...
Lauran H.
Financial Services, 1-10 employees
Used daily for 1-2 years
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It's downright PHENOMENAL!!! One of the best business decisions we have ever made.
The interface is incredibly simple and intuitive. Love the web based platform. It's seamless and effortless. Customer service has been incredible! I love how responsive and helpful they are and they take suggestions for new features and improvements. They're always rolling out updates and improvements. This team is absolutely incredible! It meets absolutely everything we were looking for in an LOS and continues to amaze us weekly with just how easy and wonderful it is. I cannot rave about them enough. We went from DESPISING our LOS system to just being spoiled rotten. LendingPad knocks our socks off on a daily basis and we could not be more thrilled!
Occasionally the system will freeze up and when you hit save it just spins. BUT, most software doesn't save your changes/updates when it freezes. And LendingPad saves what you've done EVEN when it freezes, which is a huge plus. You just refresh the page when it's unresponsive and your work is still there. My only other con WOULD HAVE been the desire for a scenario comparison function and THEY ROLLED THAT OUT LAST WEEK!! YAY!!! LendingPad is the best!
We appreciate you for taking the time to share your experience with LendingPad. Our company places great importance on our clients' feedback to continually enhance our services. We are so grateful for your in depth review of your experience. Stay tuned for many more exciting updates to come! Thank you for choosing LendingPad, we are eager to continue serving you.
Mark W.
Financial Services, 11-50 employees
Used daily for 1-2 years
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Been great. Will continue to use it over other LOS's dues to, in my opinion, superior ease and fundtionality.
Ease of use and functionality. If I have all the documents required I can enter a loan application, run credit, run AUS and be ready to export an accurate and complete 3.4 file in 10-20 minutes.Customer Service is available right away and they have always been able to solve an issue within minutes.
There are a few quirks/work arounds that don't quite line up with other LOS's including lenders we export the 3.4 to -Example - to get AUS to read correctly for VA loans > REO > gross rents offsetting monthly payment - you have to give 100% gross rents and have it be $0.01 less than the PITI resulting in $0.01 cost per month.Example - When a borrower is on the mortgage and title for an REO as a co-borrower, but omitting a mortgage because the other party to the mortgage loan has made the payments for the last 12 months, you must make sure the mortgage is not linked to the REO for AUS to omit it.