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What is Exec-Amort Loan Amortizer Plus?

The Execamort Loan Amortizer Plus is engineered for ease of use, allowing users to swiftly produce accurate and aesthetically pleasing loan amortization reports. It calculates the annual percentage rate (APR) with exceptional precision, reaching up to the fourth decimal place for both fixed-rate and adjustable-rate loans while considering various factors like points, fees, prepaid interest, additional payments, and balloon payments. The software provides the flexibility to adjust default settings according to your organization's unique practices, increasing its adaptability to different requirements. You also have the ability to make extra payments that can target just the principal, combine principal and interest, or include additional payments that don't affect either the principal or interest balances, such as PMI or escrow fees. Moreover, it includes an automatic feature to calculate interest rates for graduated payment loans over a designated fixed term, positioning it as a thorough resource for financial management. With its comprehensive suite of tools, Execamort ensures that all your loan amortization requirements are satisfied with both efficiency and accuracy, making it an indispensable asset for anyone managing loans. By streamlining the process, it helps to alleviate the stress often associated with loan calculations.

What is Charge-off Loan Tracker?

When loans become a challenge, effectively managing and recovering them can be extremely complex. Even if they are not at the forefront of your financial statements, these loans are still a vital component of your overall financial well-being. The Charge-off Loan Tracker (COLT) offers a streamlined approach to dealing with these difficult loans. Since its inception in 1987, COLT has served as an essential resource for financial institutions aiming to efficiently manage and recover charge-offs. Its intuitive design is sure to impress, effortlessly tracking outstanding balances while calculating interest, adapting to new payment terms, generating board reports, and more. If there exists a chance for recovery, COLT provides you with all the necessary resources to pursue it effectively. By simplifying the management of problematic loans, COLT enables you to redirect your focus toward more profitable ventures. It includes thorough tracking for principal, interest, and fees, supports multiple accrual methods, and utilizes transaction-based accounting practices. Furthermore, it offers flexible repayment options, borrower invoicing, and correspondence, ensuring complete shadow accounting. With features such as automated 1099-Cs that connect with the IRS, a well-documented audit trail, and a robust reporting engine, COLT is the ultimate solution for proficient loan management. Ultimately, leveraging COLT not only boosts your collection strategies but also significantly enhances your overall financial efficiency. This makes it an invaluable tool for any financial institution striving to improve its operational effectiveness.

Media

Media

Integrations Supported

ASC
BAM+
Experian Aperture Data Studio
FIS Telephone Banking
Fiserv Engagement Advantage
Fiserv Mortgage Director
Loan Producer
LoanServ
OpenClose
Wolters Kluwer Passport

Integrations Supported

ASC
BAM+
Experian Aperture Data Studio
FIS Telephone Banking
Fiserv Engagement Advantage
Fiserv Mortgage Director
Loan Producer
LoanServ
OpenClose
Wolters Kluwer Passport

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Electrosonics

Company Website

www.electrosonics.net

Company Facts

Organization Name

Lowenstein and Associates

Date Founded

1986

Company Location

United States

Company Website

laapc.com/charge-off-loantracker/

Categories and Features

Loan Servicing

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

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Categories and Features

Loan Servicing

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

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