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Ratings and Reviews 0 Ratings
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What is LawFirmSoftware.com?
This software simplifies the process of generating and printing HUD-1 and HUD-1A RESPA Settlement Statement forms, handling all essential calculations including tax prorations, interest evaluations, recording fees, loan discounts, and aggregate escrow adjustments. As information is entered, all calculations are updated in real-time, which promotes both accuracy and efficiency. A closing disclosure typically spans five pages, outlining the final terms of the chosen mortgage, including details about the loan, estimated monthly payments, and overall fees involved in securing the mortgage. Our automated platform accelerates the generation of this closing disclosure, acknowledging the value of your time. Furthermore, it streamlines the transfer of common data across various documents, significantly reducing the need for repetitive data entry. With this tool, you can create professional, federally compliant closing documents that are either printed with high-quality laser precision or converted to PDF format with ease, which not only improves the visual appeal of your documents but also their practicality. By utilizing this software, you can dedicate more attention to your clients and less time on administrative tasks, thereby enhancing your overall productivity.
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.
Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
$99 per year
Free Trial Offered?
Free Version
Pricing Information
$179 one-time payment
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
National Software
Company Location
United States
Company Website
www.lawfirmsoftware.com
Company Facts
Organization Name
Alta Star Software
Company Website
www.hudlite.com
Categories and Features
Bankruptcy
Bankruptcy Case Management
Calculators
Calendar Management
Client Management
Critical Date Alerts
Document Management
Electronic Filing
Exemption Management
Forms Automation
Legal Forms Library
Task Management
Time Tracking
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