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What is Technicost LMS?

Technicost’s Loan and Mortgage Systems presents a sophisticated software solution designed with a strong emphasis on user-friendliness. This innovative system streamlines all operations related to the loan servicing lifecycle, which includes personal and commercial loans, mortgages, construction financing, asset-based loans, and lines of credit. By providing a cohesive method for managing loan portfolios, it guarantees that essential information is neatly organized and readily accessible for users' convenience. The software empowers users to efficiently manage numerous loan-related tasks, such as processing monthly payments, modifying balances, and calculating interest, all within the comprehensive LMS platform. This simplification of complex processes enhances the overall experience for customers, transforming it into a more enjoyable and less stressful endeavor. Additionally, it is crucial to recognize that you are not merely offering a service; you are crafting a remarkable experience for your clients. Since its establishment in 1982, Technicost has been committed to providing Canadian Credit Unions with effective loan origination solutions, helping them to excel in a competitive landscape. Their continuous dedication to innovation ensures that clients can adapt to changing market dynamics seamlessly.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$500 per month

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Technicost

Date Founded

1982

Company Location

Canada

Company Website

www.technicost.com/products/lms-loan-and-mortgage-systems/

Company Facts

Organization Name

Electrosonics

Company Website

www.electrosonics.net

Categories and Features

Loan Servicing

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

Categories and Features

Loan Servicing

Amortization Schedule
Auto Loans
Business Loans
Construction Loans
Student Loans

Mortgage and Loans

Amortization Schedule

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