Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
EPIC delivers a range of short-term consumer lending software solutions tailored for smaller loan amounts. The Installment Loans feature presents a complete amortization alternative for short-term lenders, enabling consumers to make consistent payments throughout the loan duration. EPIC accommodates both tribal and state-model lending practices, including Texas CSO/CAB. Moreover, Installment Loans facilitate the exploration of various payment options with borrowers to identify the most suitable choice. Users can establish their own internal guidelines and configure an underwriting waterfall, empowering lenders with tools to effectively manage the lead intake process. Nevertheless, some technologically proficient lenders are seeking a competitive advantage, and EPIC provides that through its EDGe (External Decisioning Gateway), which offers a robust and adaptable way to incorporate external decision-making into the standard EPIC underwriting process. This innovative feature enhances the overall lending experience, ensuring that lenders can meet diverse borrower needs more efficiently.
Description
The Execamort Loan Amortizer Plus is designed for user-friendliness, enabling you to quickly generate precise and visually appealing loan amortization reports. It calculates the annual percentage rate (APR) with remarkable accuracy, down to the fourth decimal point, for both fixed-rate and adjustable-rate loans, taking into account points, fees, prepaid interest, additional payments, and balloon payments. The software offers the flexibility to customize default settings according to your organization’s specific practices, enhancing its versatility. You can also make additional payments that can apply solely to the principal, combine principal and interest, or consist of extra payments that do not impact either the principal or interest balances, such as PMI or escrow fees. Furthermore, it features an automatic function to determine interest rates on graduated payment loans over a specified fixed period, making it a comprehensive tool for financial management. With its array of features, Execamort ensures that all your loan amortization needs are met efficiently and accurately.
API Access
Has API
No
API Access
Has API
No
Integrations
Flinks
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
EPIC Loan Systems
Founded
2010
Country
United States
Website
epicloansystems.com
Vendor Details
Company Name
Electrosonics
Website
www.electrosonics.net
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
Yes
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
Yes
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
Yes
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
Yes
Mortgage and Loans
Amortization Schedule
Yes
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No