Margill Loan Manager Pricing, Features, Reviews & Comparison of Alternatives

Margill Loan Manager

Loan servicing and management solution for lending firms

4.76/5 (41 reviews)

Margill Loan Manager overview

What is Margill Loan Manager?

Margill Loan Manager is a cloud-based loan servicing solution, which assists lenders with servicing loans, lines of credit, mortgages, receivables and leases. Key features include interest computation, custom fields, data export, multi-currency support, customizable reporting and revenue tracking.

The application lets users import borrower details, irregular loans, and payments from Excel sheets, and create custom fields and scroll menus. Its document merge tool helps teams produce contracts, letters, invoices, and statements, streamlining the loan origination process. Credit teams can automate the calculation of interest and fees, as well as post payments and fee details in bulk.

Margill Loan Manager integrates with third-party solutions such as QuickBooks, Sage 50, Acomba, and Excel, facilitating the export of accounting data to the general ledger. It allows administrators to provide role-based access to team members, and manage login details for multiple users. Managers can generate customizable reports on financial projections, transactions, payment schedules, escrow and more.

Pricing

Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, Australia

Supported languages

English
Margill Loan Manager screenshot: Margill Loan Manager data import screenshotMargill Loan Manager PresentationMargill Loan Manager screenshot: Margill Loan Manager dashboard screenshot Margill Loan Manager screenshot: Margill Loan Manager record summary screenshot Margill Loan Manager screenshot: Margill Loan Manager calculation tool screenshot

Margill Loan Manager user reviews

Value for money
Features
Ease of use
Customer support
  4.8
  4.6
  4.6
  4.9
Abneesh Meeda

We have been using MarGill for over 4 years and are very satisfied with the services provided.

Used daily for 2+ years
Reviewed 2017-12-18
Review Source: Capterra

Pros
The software is user friendly and regular updates with new features are provided. It is very flexible to meet your business model and you can customize the reports to what you want to see. Usually there are pre-set reports in other softwares and I personally love this feature. They provide exceptional Customer Service. Questions and concerns are addressed right away. It is the Best cost to value software out there in the industry.

Cons
The only thing I gave 4 stars was at Features and Functionality, the software has improved a lot over the past years and our feedback and is always listened to and added on to the next update. Cust support and the team have been continuously evolving the software.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Steve Caron

Excellent software with great support

Used daily for 2+ years
Reviewed 2017-12-18
Review Source: Capterra

Pros
We have used Margill for 3 years to monitor our growing private mortgage and auto loan business. We have hundreds of loans under management. We are a family office with our own money at risk. We would not use a software product that didn't deliver the information we need. We have been very happy with the software and the excellent support service and will continue to expand our licence as our business grows. If the software doesn't meet someone's requirement during a demo period so be it. It happens every day. I do have an issue when I read someone posting a negative review on this site and suggesting that my company's satisfaction (after a thousand hours of use) is not real and that other reviewers have knowingly posted positive misleading reviews. Pure nonsense. And it really speaks volumes about the character of that reviewer to frame their comments this way.

Cons
Would like more video tutorials as we probably only use a fraction of the software's capability. We find video tutorials more effective than most manuals.

Response from Jurismedia


Thanks for the comment Steve. As for videos, we are starting our little collection which you can see in the Support Center: www.margill.com/en/support-center/. The Support Center also has our blog in which we regularly answer user questions. Many good questions in there!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Roxann Brown

Good product

Used monthly for 2+ years
Reviewed 2018-02-16
Review Source: Software Advice

Pros
The developers are easily reached to assist you with any problems with the program. It is backed by it's developer

Cons
The program is really expensive the cost could be lowered significantly though offering a standard fee

Response from Marc


Thank you for the review. I do understand that you being based in Jamaica, the price may seem slightly high because of the currency exchange, but Margill is one the most affordable software out there starting at less than $2000. I'm a little surprised by your 3.5 stars. Seems because of the price...

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 5/10

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Christopher Cruz

Margill is Great Value

Used daily for 6-12 months
Reviewed 2020-11-24
Review Source: Capterra

Margill has been great and is a welcome option for us. It takes some getting used to but its value and functionality are what make the system work well.

Pros
The price, ease of use, and over functionality. It is right-sized for my company and has many great features such as a document merge and versatile customization.

Cons
How the information is presented takes some getting used to and there are some details of the system that do not agree with how the information should be presented or what is expected. [SENSITIVE CONTENT HIDDEN] offered several work arounds for us and we are looking at these options now.

Response from Jurismedia


Thanks for this Christopher. I'm curious to find out more about the information presentation aspects you mention.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Sheri Lynn

Utilize software to administer 4500+ client mortgage files. This software has been exceptional.

Used daily for 2+ years
Reviewed 2017-12-20
Review Source: Capterra

Pros
Margill representatives have been very good with us. Pros are ease of entry of information onto the system, ease of creation of custom reports for export and merge(s), flexibility of the software/program providing options for subsidized loan payments, actual loan payments and ability to enter multiple interest rates and ability to change interest rates as well as the feature to have multiple loans under one client (borrower). We have been using this software since 2012 and it has been flexible enough to accommodate loans and mortgages with very specific idiosyncrasies. Any and all issues encountered with the software and/or system performance have been resolved in a timely/professional manner by Margill representatives.

Cons
We have experienced a few minor performance issues over the years, however, they have been dealt with and addressed satisfactorily in a timely manner each time with great support from Margill representatives. We have been able to access and use the software everyday since installation with any downtime being minutes to hours, not days. WE CAN NOT AFFORD ANY DOWNTIME WITH OUR LOAN SYSTEM.

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Margill Loan Manager pricing

Pricing options
Subscription
Free trial
View Pricing Plans

Contact Margill for pricing details

Margill Loan Manager features

Accounting Integration
Accounting Management
Compliance Management
Customizable Reporting
Data Import/Export
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency

API (352 other apps)
Activity Dashboard (309 other apps)
Audit Trail (171 other apps)
Automatic Notifications (191 other apps)
Billing & Invoicing (229 other apps)
Electronic Payments (200 other apps)
Expense Tracking (180 other apps)
Real Time Data (170 other apps)
Reporting & Statistics (345 other apps)
Third Party Integration (277 other apps)
Workflow Management (195 other apps)

Videos and tutorials

Additional information for Margill Loan Manager

Key features of Margill Loan Manager

  • Amortization Schedule
  • Auto Loans
  • Business Loans
  • Client Database
  • Closing Documents
  • Collateral Tracking
  • Commercial Mortgages
  • Compliance Tracking
  • Construction Loans
  • Consumer Loans
  • Credit Reporting
  • Customer Statements
  • Escrow Management
  • Government Loans
  • Lease Management
  • Lender Search
  • Lending Integration
  • Lending Management
  • Loan Level Pricing
  • Loan Origination
  • Loan Processing
  • Loan Searching
  • Loan Servicing
  • Mortgages
  • Multi-Branch
  • Payment Tracking
  • Pre-Qualification
  • Private Banking
  • Promissory Notes
  • Property Tax Management
  • Residential Mortgages
  • Student Loans
  • Time Deposits
  • Visual Presentation
View All Features