App comparison

Add up to 4 apps below to see how they compare. You can also use the "Compare" buttons while browsing.

LendingWise  Logo

LendingWise

4.5
(48)

Write a review

Loan origination software with mobile-friendly portals

see alternatives

(1)

LendingWise Pricing, Features, Reviews and Alternatives

LendingWise FAQs

Q. What type of pricing plans does LendingWise offer?

LendingWise has the following pricing plans:
Starting from: $149.00/month
Pricing model: Subscription
Free Trial: Available

These products have better value for money

See free alternatives

Q. Who are the typical users of LendingWise ?

LendingWise has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Public Administrations, Small Business

See alternatives

Q. What languages does LendingWise support?

LendingWise supports the following languages:
English

See alternatives

Q. Does LendingWise support mobile devices?

LendingWise supports the following devices:
Android, iPad, iPhone

See alternatives

Q. Does LendingWise offer an API?

Yes, LendingWise has an API available for use.

See alternatives

Q. What other apps does LendingWise integrate with?

LendingWise integrates with the following applications:
MeridianLink Mortgage, Salesforce Work.com, Zoho CRM, Zapier, Google Docs, Plaid, SendGrid, Aloware, Twilio, HubSpot CRM

See alternatives

Q. What level of support does LendingWise offer?

LendingWise offers the following support options:
Chat, Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support

See alternatives

LendingWise product overview

Price starts from

149

/user

Per month

What is LendingWise ?

LendingWise is a loan origination software and CRM solution that helps brokers and lenders of all sizes streamline the loan closing process. This solution is designed to provide a modern borrower experience with online, mobile-friendly lending portals, custom workflows, and paperless loan origination. LendingWise can be integrated into websites to fast-track submissions and accurately collect required docs. It offers bank-level security as well as real-time collaboration features for brokers, borrowers, and third parties.

Key benefits of using LendingWise

The only fully integrated CRM, LOS, Pricing Engine & Servicing platform for Residential & Commercial, Private Lending.

Create accurate & complete loan files with all required docs with ease.

Workflow automation to send emails, create tasks & send webhooks based on your own rules & business logic.

Built-in marketplace connects 100s of brokers to 100+ lenders across lending verticals.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Chat
Email/Help Desk
FAQs/Forum
Knowledge Base
Phone Support

Training options

Live Online
In Person
Documentation
Webinars
Videos

Not sure about LendingWise ? Compare it with a popular alternative

Starting from

149

/user

Per month

Free plan
Free trial
Pricing range

Starting from

ic-pricetag

No pricing info

Free plan
Free trial
Pricing range
Ease of use
Value for money
Customer support
Ease of use
Value for money
Customer support

Why am I seeing this?

LendingWise pricing information

Value for money

4.4

/5

48

Starting from

149

/user

Per month

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

LendingWise features

Functionality

4.2

/5

48

Total features

77

2 categories

Most valued features by users

Reporting & Statistics
Activity Dashboard
API
Third Party Integrations
Data Import/Export
Alerts/Notifications
Compliance Management
Customizable Reports

Functionality contenders

LendingWise users reviews

Overall Rating

4.5

/5

48

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8.19/10
Rating distribution

5

4

3

2

1

33

9

5

1

0

Pros
We researched all CRM-LOS systems based around the financial industry and none come close to LendingWise. They have been very helpful and the training was amazing for team.
I enjoy the ease of locating a potential or current Borrowers information with ease.
The pros are effective customer service. Usability is great it just works for what you need it.
Cons
We cannot access every field to export and as a WebHook - this is very distressing.
I would say this would be a lot more difficult for the technically challenged individuals.
Certain features are missing or don't work well.

Overall rating contenders

JS
AvatarImg

Jonathan S.

Financial Services, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Easy to Navagate

Reviewed 3 months ago

Overall good and easy program.

Pros

Customizing loan programs and application is very user friendly. Customer service has been great. [SENSITIVE CONTENT] has always been to take our call or email.

Cons

Calculation are a little off. Won't allow to calulate day 1 LTV of purchase price or LTV lessor of the 2.

BJ
AvatarImg

Beth J.

Financial Services, 1-10 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Great bang for your buck!

Reviewed 4 years ago

Very happy with LendingWise and still haven't tapped into a majority of the functionality like email drip campaigns, full auto-doc generation, loan servicing. But what we use so far is great minus a few hiccups here and there that the LW team helps us figure out.

Pros

We love the white label online application form that is easily customizable to our needs. We also use the loan origination/pipeline management every day as a team to help us track loans in their various stages of completion. I have done a ton of research on non-conventional lending software and this really checks most of the boxes we were looking for as a small company. There are some bugs that definitely need to be worked out but we are able to find workarounds and for a small company, you really can't beat the implementation and monthly costs. It's worth it to us to figure out how to make it work for us rather than paying 10x for other software applications that don't provide all the functionality we need.

Cons

Difficulties in changing specific fields, especially in the loan terms, some tags just aren't available yet so we have to put values in other fields to make our auto docs work properly. Sometimes understanding how to configure the application and tap into it's many great features can be challenging. I come from a technical PM background so I get software and apps more than most - we are able to work...

ST
AvatarImg

Sukumar T.

Financial Services, 51-200 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Make more user friendly

Reviewed 2 months ago

It is a good user friendly application, document store is very good.

Pros

Maintaining different tabs to store customer information for respective necessary task, easy to use the UI, easy to understand the labels for each task and capture and fill the data required field and save.

Cons

Refresh rate should be more fast, float save button to avoid scroll to down of form, edit and rename the uploaded document, expiry date field is not disabled, make to it enable to save time to scroll down, multiple editable options for expiry date, implement auto calculation for first payment date and maturity date based on closing date and loan term. Implement keyboard shortcut methods to navigate the loan tabs

JW
AvatarImg

Joe W.

Law Practice, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Day to day use

Reviewed 3 months ago

I have used this product from 2 law firms.Daigle Law and Forghany Law.While the product itself works 90% of what is needed. The remaining 10% is very difficult to get customer service to implement. They are quick to take my concerns over the phone and by zoom. However almost never end up with any results. Not even as far as calling and even telling me it can't be done at this time; or here's...

Pros

Ease of use and it is cloud based

Cons

Customer service vs implementation of changes.Sluggish.

SE
AvatarImg

Sheila E.

Financial Services, 1-10 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Work in Progress

Reviewed 3 months ago

Extremely difficult beginning to the point I second guessed my purchase. The last 2 month are getting better although still some aggravation lingers. I gave myself 6 months to fully absorb and use every aspect of the software before making a change. I am hopeful that with [SENSITIVE CONTENT] help, LendingWise will evolve into what I was promised and turn out to be my long haul software. Fingers crossed.

Pros

My favorite part of the software is [SENSITIVE CONTENT], my developer! I love being able to load my own forms into the system and through "merge tags" auto populate for the paper file w/o me handwriting 5 forms for every borrower. I like the email wizard and auto populating the file/borrower specific information for standard emails like doc prep request or title search request and wires. I REALLY like the idea of the software automation sending a reminder text/email to myself and my borrower a few days prior to payment due date monthly, a reminder email about insurance expiration and loan maturity.

Cons

Our sale rep was great but over promised and undelivered on the key features we were looking for because they are still in the development stage (giving the benefit of the doubt on team communication). My onboarding was difficult at best but [SENSITIVE CONTENT] has managed to salvage my thoughts on LW and is working to make it everything I need (and thought) it to be. Some of the features I mentioned...

Common LendingWise comparisons

Related categories