defi SOLUTIONS

5 / 5 11 reviews

Who Uses This Software?

defi SOLUTIONS' leading-edge loan origination software (LOS) can be used by lenders of all types -- independent and captive finance companies, banks, credit unions, solar providers, Buy Here Pay Here.


Average Ratings

11 Reviews
  • 5 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Demo
  • Deployment
    Cloud, SaaS, Web
    Mobile - iOS Native
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • defi SOLUTIONS
  • defisolutions.com/
  • Founded 2012
  • United States

About defi SOLUTIONS

defi SOLUTIONS offers the most flexible, configurable loan origination software platform developed for lenders by lenders. The defi SOLUTIONS LOS platform lets lenders of all types and sizes grow & change with market or business demands. Lenders can rapidly implement & adapt themselves. The platform includes loan management & servicing, configurable reporting & analytics, a direct lending application portal, digital loan documents with e-signatures, and an auto loan portfolio marketplace.


defi SOLUTIONS Features

  • Amortization Schedule
  • Audit Trail
  • Compliance Management
  • Customer Database
  • Digital Signature
  • Document Management
  • Fee Management
  • Loan Consolidation
  • Loan Processing
  • Loan Submission Control
  • Mortgages
  • Online Application

defi SOLUTIONS Reviews Recently Reviewed!


Skopos has been a client since 2013 and it is one of the best decisions we made!

Jan 30, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
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Pros: Ease of use and functionality - like I always say, I do not have a tech background but have been able to build out and integrate this system to the its fullest capabilities almost single handed.

Cons: Not being able to port changes from QA to Prod has been a challenge. Especially since we are constantly integrating and using the latest features. I have heard a rumor that the ability to port changes will be coming soon. Truly this is the only reason I did not rate 5 stars in the Features and Functionality section.

Very flexible platform that allows user to setup what they need

Jan 30, 2018
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: Flexible, separate UAT environment, constantly looking for ways to improve software. Good people that want to help you succeed. Make integrations easy without having to invest heavily in custom development.

Cons: Sometimes too quick with updates that lead to issues, their eagerness to roll out new features is the reason for this. Mobile platform needs work.

Overall: Faster turnaround times for applications

Simply the best and only realistic option for those who seek a state-of-the-art LOS

Jan 25, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Able to be configured fast and efficiently based upon a seemingly limitless array of variables.
The Credit and Loan Processing staff feel this LOS is the best they have ever used.
Even the smallest issues have been consistently met with high levels of support.
This LOS evolves as we grow, where others before have been an impediment to our growth.

Cons: There are no serious flaws to this LOS but may run slow if you over-configure the system.
Would like the LOS to be able to integrate with my Servicing data.
Some reports concerning analytics need further development.

Defi has been a tremendous asset to the growth and efficiency of our company.

Jan 25, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: Ease of use and support of product specialists. Ability to add additional products as needed , rather than all at one time.

Cons: Making changes to the system for a small firm can be somewhat time consuming and difficult. Overall, the customer support helps offset these issues.

Generally a good LOS system. I think its a little overengineered

Jan 24, 2018
3/5
Overall
2 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money

Pros: The bureau pull and book out features are great. Dealer Notes and AA setups/selections are easy. Dealer record and user setups are also easy to use.

Cons: initial implementation too complicated as are changes to deal structure items. Also is very hard to make changes to notification forms. Need dealer communication portal.

Great LOS product for consumer finance companies

Jan 24, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: 100% configurability -- allows for each individual client to modify the system to fit the needs of their operation.

Cons: With great configurability comes some unnecessary complexity. I also wish parts of the system were event-based.

Software and team have been amazing to work with, the product is amazing.

Jan 24, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: The Software has let us program any policy or setting we can come up into the automated decisioning process.

Cons: Java Script code to write formulas , which I don't know java script but I am learning,but Defi has helped with any formula needed .

Great, flexible system that allows us to quickly implement policies and changes

Jan 24, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: The ability to implement changes in a short time, no matter how intricate and almost always without involving support and the reliability of a system that it's always up and running.

Cons: Hard to read in-app audit history; makes hard to research changes made by users and determine how and when the changes were made.

Capterra-loader

Amazing customer experience across the board!

Jan 24, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: The flexibility and adaptability as well as the modern way to involve clients as a group to chip in on common improvements. This is clearly a "new age" company that isn't afraid to try new approaches and not look behind. The service and client experience is always great from the product manager to the owner without forgetting the people answering your tickets when you have a question or an issue.

Cons: The wait time for development and integration with other companies (which often isn't their fault) is sometimes a bit longer than what we would like, but that is also because we were used to dealing with smaller scale software companies. Overall they're ahead of the game even in that department.

Overall: Flexible and modern loan origination system with great support all around.

We are a 4 year client. Great company to work with!

Oct 24, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: The system is completely configurable by the User, so we have been able to determine which features will benefit our processes the most, and work through them at our own pace.

Cons: Would like to be able to copy the Production configurations to the QA test site configurations so they match. I undertsand we will be able to do this shortly.

Great Software Company!

Mar 29, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: Customer service and they tailor the software to your needs, not theirs.

Cons: The only con would be the inability to create reports that are tailored to your specific needs.

Overall: Defi Solutions is great to work with and they make the transition from your current software to the new one very easy. The best part is they will build your new platform to match what you currently use. And Customer support representative is great to work with. She helped with all our difficult questions and after launch she continues to provide us with tips to help improve our efficiency. As they say, Defi Rocks!

Recommendations to other buyers: They are awesome!