LoanAssistant - 2025 Pricing, Features, Reviews, & Alternatives

LOAN MANAGEMENT
Service unlimited number of loans and credit lines.
Covers most segments of lending industry:
- Residential & Commercial mortgages
- Construction loans
- Motor finance
- Education loans
- Installment sales
- Investor Participation
- And Much More..

INTEREST CALCULATION OPTIONS
- Options include self-amortized, balloon and interest-only loans;
Interest calculation based on Actual/365, Actual/360 and 30/365, 30/360;
Interest compounding with flexible settings;
Support for adjustable rate loans with periodic and random rate changes;
Interest deferral and non-interest bearing loan amounts;
Fixed Interest amount.

INVESTOR TRACKING AND REPORTING
Tracking of investors’ certificates of deposits
Participation pools with one or multiple investors;
Investor allocation based on fixed percentages or the amount of capital invested;
Multiple management fee options automatically recorded in QuickBooks;
Comprehensive investor participation reports exportable into Excel.

SEAMLESS QUICKBOOKS® INTEGRATION
Simple and intuitive integration with unlimited number of QuickBooks Online / QuickBooks Desktop Companies.
All transactions are posted instantaneously in QuickBooks®.
Combined report of loan portfolios in from different QuickBooks Companies.

Borrower reports:
- Amortization tables and payment coupons;
- Customizable and comprehensive Billing statements;
- Customizable Pay-off statements;
- Customizable Borrower account statements;
Managerial reports:
- Payments summary reports;
- Escrow collection and payments reports;
- Late accounts summary and payments due reports;
- Portfolio summary reports;
- IRS 1098 and 1096 Forms - automated data collection/reporting to borrowers (Form 1098) and Mortgage Interest Statement (Form 1096);
- Custom reporting module - create your own reports;
- Access to a wide range of QuickBooks® reporting capabilities.