LoanPro Description

LoanPro is a core lending software which specializes in the servicing of loans. It powers financial innovation by giving users the tech they need to power their lending innovations.

Built on its own API, LoanPro unites with its users existing software, while encouraging the use of integrations to simplify and automate your processes. This ensures all aspects of the loan lifecycle are kept in one easy to manage location.

LoanPro's configurability allows its users to easily pivot to new lending types and trends in the marketplace without a total rebuild, keeping them ahead of the curve.

With real time database access, process automation, and the ability to create and service multiple lending products in a single platform, LoanPro gives innovators the tools they need to power their big ideas.

Integrations

API:
Yes, LoanPro has an API

Reviews - 5 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
LoanPro
Year Founded:
2015
Headquarters:
United States
Website:
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Product Details

Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
In Person
Videos
Customer Support
Phone Support
24/7 Live Support
Online

LoanPro Features and Options

Loan Servicing Software

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Loan Origination Software

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

LoanPro User Reviews

Write a Review
  • Name: Alexander H.
    Job Title: CEO
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Easy to use and good tech

    Date: Nov 09 2021

    Summary: We've almost entirely automated collections. It was a struggle for us to find good collectors, and since LoanPro automatically follows up on payments, we haven't needed to staff the same workforce.

    Positive: Helm Capital went through several outdated and archaic providers before finally getting LoanPro a few years back. Couldn't be happier!

    Negative: Haven't had any hiccups so far so I'll keep my fingers crossed.

    Read More...
  • Name: Andy D.
    Job Title: Head of Product
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    A must have for anyone in need of a loan servicing platform

    Date: Sep 09 2021

    Summary: Building a brand new consumer lending platform requires a robust loan servicing platform and LoanPro checked all the boxes during our evaluating phase. It also has a very robust set of APIs that are developer friendly and allowed our engineering and product team to quickly stand up the basic loan servicing functions.

    Positive: - Robust and intuitive APIs that are developer friendly
    - Amazing support from dedicated account managers
    - Modern interface for end users

    Negative: - Bit of learning curve to understand all the features and functionalities
    - Need to constantly keep up with the updates
    - Have to rotate API keys every so often

    Read More...
  • Name: Kevin P.
    Job Title: COO
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    LoanPro Lending Platform

    Date: May 18 2021

    Summary: I have used LoanPro for several years now - at another company plus now installing at a second company I work for. Each time has been a good experience with highly experienced onboarding and pleasant support teams.

    Positive: Highly flexible and customized solution for any lending partner; including anything from applications to servicing, and consumer loans to SBA loan servicing.

    Negative: Not as broad of a "out of the box" reports as default so requires a bit of configuration up front

    Read More...
  • Name: Tiffany R.
    Job Title: CEO
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    User Friendly, Excellent Value!

    Date: May 03 2021

    Summary: Our experience with LoanPro software has been amazing so far. Their customer service and sales team has been extremely responsive and made sure we were getting all of the features needed for our operations.

    Positive: Being able to submit directly to the bureaus, great customer service, quick responses, amazing features.

    Negative: So far we haven't found anything we don't like with this software.

    Read More...
  • Name: Chris D.
    Job Title: General Manager
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    LoanPro

    Edited: Feb 05 2021

    Summary: LoanPro is great and I would recommend LoanPro to anyone looking for a servicing platform. Their team is very easy to work with and has an incredible amount of knowledgeable helping us standup our system.

    Positive: Easy to set up, great team, easy to perform tasks and provide good customer experience. The CRM makes it easy for my team to manage their portfolios and provide top customer service.

    Negative: There are no things that come to mind that I would say are negative about LoanPro and the LoanPro team.

    Read More...