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LOAN SERVICING SOFT is a cloud-based or on-premise loan origination, loan servicing, and fund management solution designed to help small to large financial institutions manage their loan origination, loan servicing, investors, collections, reporting, etc... The platform offers customizable web applications and live web portals in addition to standard functionality.
Typical customers
Platforms supported
Support options
Training options
Value for money
5.0
/5
13
Starting from
7500
One-time payment
Per Feature
Value for money contenders
Functionality
5.0
/5
13
Total features
60
4 categories
Functionality contenders
Overall Rating
5.0
/5
13
Positive reviews
100
%
5
4
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2
1
13
0
0
0
0
SL
Sonia L.
IB
Ira B.
IB
Ira B.
ML
Matthew L.
SL
Sonia L.
Overall rating contenders
Anonymous Reviewer
Verified reviewer
Nonprofit Organization Management, 51-200 employees
Used daily for 2+ years
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LSS has been a great partner for our organization. They have been very willing to work with us the few issues we've had to the software where we needed it to be to service our clients.
The software is flexible and allows the user add data that is necessary to make decisions.
Updating the software has to be done on an individual basis and can slow the day down.
Cat B.
Review source
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I spent weeks having conference calls with vendors offering loan servicing & loan decisioning software. LSS was the only company that I found that offers both of these platforms in one system. I believe in simplicity. Using 1 system is much better than 2 for originating & servicing your loans. I have done extensive testing on the software & it seems to function very well. It's rare that you find a...
No pros were added to this review
No cons were added to this review
Rhonda W.
Banking, 11-50 employees
Used daily for less than 6 months
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On my previous software I had to keep several different spreadsheets for insurance expiration monitoring, escrow analysis, scheduled future fees etc. All of those functions can be done through LSS eliminating quite a bit of extra work.
LSS is very customized to our company. It handles every aspect of servicing, insurance information, escrow analysis etc. The customer service support is exceptional. I worked with Rep during setup and training, and he was knowledgeable, patient and pleasant. Learning new software is a big job, but Rep made it the best possible experience. I am very comfortable knowing that our new software has top-notch support.
We service loans for more than one investor. My investors need reports for their loan portfolios (Sorted by investor/lender). We are customizing reports ourselves, as this is not a standard request. LSS can and will customize reports for a price, but fortunately LSS reports offer the ability to customize yourself if you have the knowledge and ability.
Matthew L.
Used daily for less than 6 months
Review source
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Great user interface. Enterprise functionality. Customizable. Great user interface. Enterprise functionality. Customizable. Great user interface. Enterprise functionality. Customizable.
It was hell getting it migrated from NoteSmith. I think we were given the wrong engineer to start. LSS made it right in the end.
Seth G.
Real Estate, 1-10 employees
Used weekly for 1-2 years
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Produces professional looking statements
Cumbersome initially but with solid support
Q. What type of pricing plans does LOAN SERVICING SOFT offer?
LOAN SERVICING SOFT has the following pricing plans:
Starting from: $7500.00
Pricing model: One Time License
Free Trial: Available
Q. Who are the typical users of LOAN SERVICING SOFT?
LOAN SERVICING SOFT has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business
Q. What languages does LOAN SERVICING SOFT support?
LOAN SERVICING SOFT supports the following languages:
English
Q. Does LOAN SERVICING SOFT support mobile devices?
LOAN SERVICING SOFT supports the following devices:
Android, iPad, iPhone
Q. Does LOAN SERVICING SOFT offer an API?
No, LOAN SERVICING SOFT does not have an API available.
Q. What level of support does LOAN SERVICING SOFT offer?
LOAN SERVICING SOFT offers the following support options:
Knowledge Base, FAQs/Forum, Email/Help Desk, Phone Support