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What is LoanTek?

Managing rate locks, compensation, margins, and overlays has become significantly more straightforward. LoanTek presents the ‘Lock Desk Manager,’ a groundbreaking and intuitive platform crafted for efficient lock management. This feature provides unparalleled effectiveness in managing pricing rules and mortgage rate locks seamlessly across all lenders. Leveraging LoanTek's advanced pricing engine, users can effortlessly supervise overlays and compensation while producing high-quality execution rate sheets and more. The Lock Desk Manager improves the oversight of mortgage rate locks by unifying both current and forthcoming locks from all lenders into a single, organized interface. This consolidated perspective not only enhances productivity but also ensures the implementation of the best execution pricing available. Furthermore, our mortgage pricing engine allows users to access historical pricing information for each lender, making it easy to obtain optimal execution pricing outcomes whenever necessary. By centralizing these operations, users can optimize their time management and dedicate their efforts to other vital elements of their business strategy. With its user-friendly design and comprehensive features, the Lock Desk Manager sets a new standard in lock management efficiency.

What is CompenSafe?

CompenSafe serves as a comprehensive solution for handling incentive compensation, offering exceptional oversight of variable compensation strategies. This platform effectively connects your loan origination processes with payroll systems, allowing for streamlined operations. By utilizing CompenSafe, your payroll team can significantly reduce the risk of human error, while branch managers gain critical insights into the performance and profitability of loan officers. Furthermore, the system ensures that your sales personnel are kept informed about their compensation status in near real-time, fostering transparency and motivation across the team. The integration of these features ultimately enhances overall operational efficiency and contributes to a more effective compensation management experience.

Media

Media

Integrations Supported

BeSmartee
BytePro
Calyx Point
Encompass
Fiserv Mortgage Director
OpenClose
SimpleNexus Mortgage Platform

Integrations Supported

BeSmartee
BytePro
Calyx Point
Encompass
Fiserv Mortgage Director
OpenClose
SimpleNexus Mortgage Platform

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

Bankrate

Date Founded

1976

Company Location

United States

Company Website

www.loantek.com

Company Facts

Organization Name

LBA Ware

Date Founded

2008

Company Location

United States

Company Website

www.lbaware.com/compensafe

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

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

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