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What is Loan Producer?

Loan Producer® is a robust and user-friendly platform that optimizes the entire residential loan origination process, taking users from the initial application through to processing, underwriting, closing, funding, and even secondary marketing. The platform offers optional web applications, LPOnline® and Xcluso®, which enrich the loan application experience by fostering effective communication between loan officers and clients through mobile-friendly online portals. When Loan Producer® is utilized alongside Xcluso® and LPOnline®, it ensures a fluid and accurate exchange of information between loan originators and borrowers, greatly enhancing operational efficiency. These interconnected systems not only enable the seamless sharing of crucial information, including loan options, credit information, and progress updates, but they also significantly improve the overall customer experience for borrowers, thus creating a more efficient lending process. By facilitating smooth interactions and providing real-time updates, these applications play a vital role in streamlining the loan origination workflow, ultimately benefiting both the lender and the borrower in their collaborative journey.

What is LendFoundry?

LendFoundry is a recognized SaaS platform offering lenders sophisticated tools and accelerators that effectively manage the full spectrum of the digital lending lifecycle. Among its features is a robust Loan Management System that integrates both a Loan Origination System and a Loan Servicing System, alongside modern functionalities such as customer management, compliance reporting, security measures, AI-driven credit scoring, and marketing tools. By utilizing a SaaS model, it significantly lowers initial startup expenses while providing an AI-enhanced platform that prioritizes accounts, formulates risk profiles, and recommends ideal interest rates to enhance profitability. Customers benefit from a self-service portal that delivers a unified overview of their loans, payments, and statements, making it easier for them to track their financial obligations. LendFoundry offers the flexibility to deploy the complete solution or selectively choose components that fit specific business requirements, allowing for comprehensive automation of underwriting processes or tailored back-office workflows for manual verification when necessary. The platform's interface is designed to be user-friendly and visually engaging, ensuring that all activities are logged efficiently. This innovative solution not only streamlines operations but also significantly improves the overall experience for both lenders and borrowers, fostering stronger financial relationships. Overall, LendFoundry stands out as a pivotal resource in the digital lending landscape, continually adapting to meet the evolving needs of its users.

Media

Media

Integrations Supported

Birdeye
Box
Charge-off Loan Tracker
Docusign
HubSpot CRM
HubSpot Customer Platform
Kinective Bridge
Mailchimp
Mailchimp Transactional Email (Mandrill)
Olark
Plaid
SendGrid

Integrations Supported

Birdeye
Box
Charge-off Loan Tracker
Docusign
HubSpot CRM
HubSpot Customer Platform
Kinective Bridge
Mailchimp
Mailchimp Transactional Email (Mandrill)
Olark
Plaid
SendGrid

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

FICS

Date Founded

1983

Company Location

United States

Company Website

www.fics.com

Company Facts

Organization Name

Sigma Infosolutions

Date Founded

2004

Company Location

United States

Company Website

lendfoundry.com

Categories and Features

Loan Origination

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

Categories and Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Loan Origination

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

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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