The Nortridge Loan System Features

The Nortridge Loan System

Enterprise-grade loan servicing software

4.25/5 (79 reviews)

Competitor Feature Comparison

ACH Payment Processing
API
Accounting
Activity Dashboard
Alerts/Notifications
Amortization Schedule
Application Management
Asset Management
Audit Trail
Auto Loans
Automated Decisioning/Underwriting
Automatic Funds Distribution
Borrower Management
Business Loans
CRM
Charting
Collateral Tracking
Collections Management
Commenting/Notes
Complex Debt Structures
Compliance Management
Compliance Tracking
Construction Loans
Contact Database
Contact Management
Core Banking
Corporate Banking
Credit Union
Customer Accounts
Customer Experience Management
Customer Management
Customizable Branding
Customizable Fields
Customizable Reports
Dashboard
Data Verification
Document Management
Document Storage
Electronic Funds Transfer
Electronic Signature
Escrow Management
Exposure Management
Historical Reporting
Investor Management
Lead Management
Lending Management
Loan Management
Loan Portfolio Management
Loan Processing
Marketing Automation
Mortgages
Multi-Branch
Multi-Channel Communication
Multi-Company
Multi-Currency
Online Applications
Online Banking
Payment Options
Pipeline Management
Pricing Management
Private Banking
Real Time Analytics
Reporting & Statistics
Reporting/Analytics
Retail Banking
Risk Management
Rules-Based Workflow
Scheduled / Automated Reports
Search/Filter
Securities Management
Student Loans
Task Management
Transaction Monitoring
Trend Analysis
User Management
Visual Analytics
Visit WebsiteCompare App
ACH Payment Processing
API
Accounting
Activity Dashboard
Alerts/Notifications
Amortization Schedule
Application Management
Asset Management
Audit Trail
Auto Loans
Automated Decisioning/Underwriting
Automatic Funds Distribution
Borrower Management
Business Loans
CRM
Charting
Collateral Tracking
Collections Management
Commenting/Notes
Complex Debt Structures
Compliance Management
Compliance Tracking
Construction Loans
Contact Database
Contact Management
Core Banking
Corporate Banking
Credit Union
Customer Accounts
Customer Experience Management
Customer Management
Customizable Branding
Customizable Fields
Customizable Reports
Dashboard
Data Verification
Document Management
Document Storage
Electronic Funds Transfer
Electronic Signature
Escrow Management
Exposure Management
Historical Reporting
Investor Management
Lead Management
Lending Management
Loan Management
Loan Portfolio Management
Loan Processing
Marketing Automation
Mortgages
Multi-Branch
Multi-Channel Communication
Multi-Company
Multi-Currency
Online Applications
Online Banking
Payment Options
Pipeline Management
Pricing Management
Private Banking
Real Time Analytics
Reporting & Statistics
Reporting/Analytics
Retail Banking
Risk Management
Rules-Based Workflow
Scheduled / Automated Reports
Search/Filter
Securities Management
Student Loans
Task Management
Transaction Monitoring
Trend Analysis
User Management
Visual Analytics
Visit WebsiteCompare App
ACH Payment Processing
API
Accounting
Activity Dashboard
Alerts/Notifications
Amortization Schedule
Application Management
Asset Management
Audit Trail
Auto Loans
Automated Decisioning/Underwriting
Automatic Funds Distribution
Borrower Management
Business Loans
CRM
Charting
Collateral Tracking
Collections Management
Commenting/Notes
Complex Debt Structures
Compliance Management
Compliance Tracking
Construction Loans
Contact Database
Contact Management
Core Banking
Corporate Banking
Credit Union
Customer Accounts
Customer Experience Management
Customer Management
Customizable Branding
Customizable Fields
Customizable Reports
Dashboard
Data Verification
Document Management
Document Storage
Electronic Funds Transfer
Electronic Signature
Escrow Management
Exposure Management
Historical Reporting
Investor Management
Lead Management
Lending Management
Loan Management
Loan Portfolio Management
Loan Processing
Marketing Automation
Mortgages
Multi-Branch
Multi-Channel Communication
Multi-Company
Multi-Currency
Online Applications
Online Banking
Payment Options
Pipeline Management
Pricing Management
Private Banking
Real Time Analytics
Reporting & Statistics
Reporting/Analytics
Retail Banking
Risk Management
Rules-Based Workflow
Scheduled / Automated Reports
Search/Filter
Securities Management
Student Loans
Task Management
Transaction Monitoring
Trend Analysis
User Management
Visual Analytics
Visit WebsiteCompare App

The Nortridge Loan System Feature Reviews

25 reviewers had the following to say about The Nortridge Loan System's features:

RuthAnn R.

Data heaven

2019-03-12

Having an audit trail has been everything

Pros

I can report on every field on demand in real time any time I want

Cons

RDC. This needs to move to a web based application asap

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Joel K.

Nortridge for Loan Servicing

2020-03-10

The system is highly stable, well supported, and easy to integrate with and easy for collectors to use.

Pros

Ease of reporting, ease of setup and change management, outstanding loan accounting capabilities, value

Cons

Most CFOs would love to have a GL module

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Dan T.

Still learning

2019-03-12

Positive operational but difficult to report and reconcile.

Pros

Accuracy - loan balances and transactional Dara is complete and accurate

Cons

Reporting capabilities -ease of use as well as length of time to create large data reports

Rating breakdown

Value for money
Ease of use
Features

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Justin B.

The Nortridge Loan System Review

2019-03-12

Overall, very good. Definitely would recommend to others.

Pros

- Flexibility, cost, data, compliance/audit

Cons

- LOE at times, performance, collections, API features, no web client

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Angela A.

CDFI review

2019-03-12

Overall the system is great and works well for what we're currently doing. I know we're looking to understand more of the functionality and upgrade with an U/I portion.

Pros

It's a pretty intuitive system and easy to understand how the buttons and commands function

Cons

When pulling reports we can't get archived loan data and have to save pulled reports to get a snapshot of our portfolio in that time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
CHRISTINE R.

THIS IS A REVIEW OF NLS FROM THE COOPERATIVE FINANCE ASSOCIATION

2020-03-10

Pros

THE NLS SOFTWARE IS A VERY FLEXIBLE LOAN ACCOUNTING SOFTWARE THAT CAN BE CUSTOMIZE TO HELP OUR COMPANY DIFFERIENTIATE OUR SERVICES FROM OUR COMPETITORS

Cons

I WOULD LIKE TO BE ABLE TO EXTRACT DATA, ESPECIALLY, USER DEFINED FIELDS SO THAT OUR ANALYSIS CAN BE MORE ROBUST

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Dan B.

Poor Support & Lacking of Knowledge of Their Own Product

2019-02-21

This company attempts to make themselves look big and like they can handle big business, but when it comes to true support they cannot keep up.

Pros

Better than having no account management software.

Cons

Their User Interface is ancient and is not awful to use, but it's certainly not easy.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Source: Software Advice
Helpful?   Yes   No
Read more
Jon G.

Do it now!

2019-03-12

we are looking for a new loan servicing and accounting system.

Pros

functionality of software and use of graphical user interface for users

Cons

none very helpful user guides and technical support

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Carissa O.

Still learning

2020-03-10

So far so good

Pros

So far with my limited use, it appears to be more user friendly

Cons

Standard reports not robust, custom reports needed.

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Occasionally

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
SANDRA S.

Nortridge for Loan Servicing

2020-03-11

Pros

THE DIFFERENT REPORTING OPTIONS AVAILABLE

Cons

THE INABILITY TO COMBINE CERTAIN REQUIRED CRITERIA FOR REPORTING IN TO ONE REPORT

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jeremy F.

Nortridge for Loan Servicing

2020-03-11

We are an indirect auto lender and NLS serves all of our needs at the present time, as well as far more options than we are utilizing at the moment.

Pros

Once running, the software is unimpeachable in it's accuracy for account management and payment processing/tracking.

Cons

It can be difficult at times to identify the origins of problems which makes fixes hard to implement. The program itself is rarely at fault; with the flexibility offered by the platform we frequently find issues generated by user errors on our end.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Ciara M.

Nortridge Review

2019-03-12

Now we have some problems in the Reporting Metro2 with the DPD and the payment history.

Pros

Nortridge Software are so useful for us.

Cons

The velocity of the software sometimes doesnt helpfully.

Rating breakdown

Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Carolyn S.

Review

2020-03-10

The overall experience has been amazing! The Nortridge team has been awesome to work with, and we truly feel they are concerned about our overall needs as a company to not only maintain but grow into areas we weren’t able to in our legacy system.

Pros

The ability to customize almost everything

Cons

The limited options on branch security and reporting.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Lee Ann H.

Nls

2019-03-12

Good experience. Looked at other programs, chose to stay.

Pros

Functionality and flexibility of reports...and loan setup

Cons

Some reports need more options to add...more udfs

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Justin M.

Nortridge for Loan Servicing

2020-03-10

It has overall been a great experience using NLS as a loan servicing system. I have used other systems for financial servicing but this system is the most user friendly one I have ever used.

Pros

Easy to use Easy to board loans Customer Service/Technical difficulties - top notch - very fast turn around time when I put in a ticket Reporting is great - easy to customize - save criteria

Cons

I have had some issues with the accruals not working properly but we have since resolved the issue via customer support.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
David P.

The Nortridge Loan System Review

2019-03-12

documentation is great to understand the set up process

Pros

ease of use, reporting great out the box

Cons

too many places to navigate, having to logout of system after changes are done

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Financial Services company, 1001-5000 employees)

NLS Review

2019-03-12

They are all very professional, approachable and easy to work with.

Pros

. - Ability to customize workflows within the system

Cons

- Sometimes functionality that your business doesn’t need can confuse new users

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Sohail S.

Great and very customizable software

2020-03-10

Pros

It is very customizable and open to integration

Cons

The UI could be a bit clunky and the fact it's desktop based

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Clay D.

Support and functionality are core drivers

2020-03-10

Overall experience is wonderful

Pros

The ease of custom reporting from the database, integration of complimentary software and great support from the Nortridge team top my list of LIKES

Cons

Also more triggers for custom scripting in NLSServices. A time\date schedule option would be great On boarding mid-stream loans can be a struggle to conform to original TIL boxes

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Tonja W.

Nortridge Loan System Review from Consumer Finance Organization

2020-03-10

Pros

The system is highly customizable and easy to use.

Cons

The system is highly customizable. Many basic features that I feel should be part of a financial servicing system must be customized in NLS or performed outside of the system.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
Michelle T.

Construction Loans Module

2019-03-12

Been using the system for 8 years, a lot of enhancements have been made.

Pros

We use a lot of the user fields for impact reporting.

Cons

Need to extend interest reserve period after loan converts to P&I.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Stanley M.

Solid ssten

2019-03-12

Our company got into the loan servicing business without really understanding it. Our attempt to build it from scratch was iladvised and we needed a solid software to support this. Nortridge has done the job

Pros

We still are waiting for better API integrations but they have come a long way.

Cons

Its taken a long time to get a web client but its on the way.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
Preston C.

NLS System

2020-03-10

Pros

Easy to use backed end DB for deep data mining.

Cons

UI a bit dated - could use a web-based version.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
David D.

Adventures in consumer lending

2020-03-11

We probably should have taken a bit more time before going live to get more stakeholders involved and sought more participation, in retrospect.

Pros

It's customizable and able to do just about everything we could need.

Cons

The app will crash with no useful UI message or log message if we're in setup while users are in.

Rating breakdown

Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Cor. B.

Nortridge for Loan Servicing

2020-03-10

Pros

We have been long time users of the software, as buyers of existing loans we have a diverse portfolio of accounts. These accounts have many different setups.

Cons

I can not think of any cons at this time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more