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What is HUD LITE?

Input settlement charges as either Buyer's or Seller's Expense, and HUD LITE will generate necessary notations and column totals automatically. The software adeptly assigns the correct GFE number for standard entries while also creating entries for the GFE Comparison Page without any hassle. By inputting amounts from the lender's Good Faith Estimate, you can ensure your form is completely set up, ready for generating and printing the Hud-1 Settlement Statement applicable to purchases, new loans, and refinances. Enjoy the convenience of automated entries for the Good Faith Estimate (GFE), and refer to the GFE Quick Start Guide for any needed guidance. The platform guarantees precise calculations and reconciliations for balances related to receipts, disbursements, and net loan proceeds (cash received from the lender). It also automatically compiles a balanced record of deposits and checks while calculating both the Loan Origination Fee and Loan Discount. Any changes made to proration or disbursement dates will prompt recalculations of prorations, loan payoff amounts, and interest due to the lender. Moreover, broker commissions can be entered as either a percentage or a fixed sum, offering even more flexibility. These robust features ensure that the entire process remains efficient and easy to navigate for users. In summary, HUD LITE enhances the settlement process by providing a reliable and user-friendly platform that simplifies complex calculations and documentation.

What is BrightOffice Broker CRM?

BrightOffice is dedicated to supporting both emerging and seasoned brokers as well as lending enterprises with a variety of our software solutions. Our products serve a diverse array of industries, including commercial lending and brokerage, in addition to consumer lending and retail brokerage. Through our Cloud CRM platforms, users can seamlessly launch new offerings such as asset finance, short-term loans, bridging loans, and invoice factoring, facilitating entry into new markets. The fully customizable loan processing workflows enable efficient management of tasks ranging from fact-finding and credit assessments to application processing and invoicing, all within your personalized Broker-Lender Cloud CRM. Recognizing the importance of cash flow for your business operations, BrightOffice has developed software that diligently monitors all financial transactions related to individual lending cases. Additionally, all your information is securely held and routinely backed up on our UK-based servers, providing reassurance for your business continuity. Our unwavering focus on delivering customized solutions ensures that we evolve alongside the financial sector, empowering you to succeed in a highly competitive environment. As your business grows, our tools will adapt to meet the unique challenges you face, enhancing your operational efficiency.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$179 one-time payment
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

Alta Star Software

Company Website

www.hudlite.com

Company Facts

Organization Name

BrightOffice Cloud CRM

Date Founded

2009

Company Location

United Kingdom

Company Website

www.brightoffice.co.uk/crm/broker

Categories and Features

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

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Categories and Features

Financial CRM

Account Alerts
Asset Management
Expense Tracking
Household Tracking
Influence Tracking
Lead Management
Marketing Management
Relationship Tracking
Team Assignments
Territory Management

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