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

Margill Loan Manager

Loan servicing and management solution for lending firms

4.74/5 (39 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
Value for money
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Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, Middle-East and Africa

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 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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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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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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Luke Wheeler

Positive for the whole time we have used it

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

Simple, low cost solution. Great for a start up or small business to manage all types of loans. It has helped us grow out customer base substantially and keep clear records of all the transactions.

Pros
The ability to add-in unlimited fields for information gathering, record keeping and future analytics is really helpful. The calculations are correct and there are variations to the standard loan amortisation calculations which suites some alternate situations. Most of all we have really appreciated the high level of support provided by the Margill team and the low cost to implement and use the software.

Cons
Simply that is was a new system and therefore just navigating around it was a unique experience but if you can get used to all the shortcuts etc it is actually really simple. The main item we miss is the ability to access within a web browser as it needs to be hosted somewhere. The offset of this is you, the user, have more security of data.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Margill Loan Manager pricing

Pricing options
Free trial
Subscription
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 (229 other apps)
Activity Dashboard (173 other apps)
Audit Trail (109 other apps)
Automatic Notifications (138 other apps)
Billing & Invoicing (157 other apps)
Electronic Payments (143 other apps)
Expense Tracking (139 other apps)
Real Time Data (136 other apps)
Reporting & Statistics (201 other apps)
Third Party Integration (160 other apps)
Workflow Management (121 other apps)

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