Who Uses This Software?

LoanPro Software is a cloud-based, loan-servicing platform built entirely on a REST API and is designed to scale with your business. Startups to Enterprise, you can Lend With Confidence with LoanPro.


Average Ratings

8 Reviews
  • 5 / 5
    Overall
  • 5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $200.00/month
    See pricing details
  • Pricing Details
    LoanPro offers three tailored pricing packages; Starter, Pro & Enterprise.
  • Free Trial
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Business Hours

Vendor Details

  • LoanPro Software
  • loanprosoftware.com
  • Founded 2015
  • United States

About LoanPro Software

LoanPro Software was designed by lenders for lenders. Enjoy unlimited workstations, user access, portfolio/source company tracking, custom reports, live payment processing, and so much more. Now you can create, service, and collect with ease. Our cloud-based platform is built entirely on an API, providing a dynamic, feature-rich, and powerful solution unlike anything else on the market. LoanPro's user interface is sharp, modern, and refreshingly clean. Lend with Confidence with LoanPro Software.


LoanPro Software Features

  • Accounting Management
  • Amortization Schedule
  • Application Management
  • Automatic Funds Distribution
  • Collateral Tracking
  • Collections Management
  • Compliance Management
  • Customer Database
  • Fee Management
  • Investor Management
  • Loan Processing

LoanPro Software Reviews Recently Reviewed!


Capterra-loader

Cloud based Loan Solution,scalable in performance and cost,Turnkey to Full API,Fast Implementation

May 01, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Personally, i'm a full stack developer.
I was searching for a loan servicing package for an loan onboarding and servicing implementation.
Built from ground up on Amazon's cloud, LoanPro is a first-class Platform for Loan Servicing.
It offers:
full API access with all documentation available to evaluate before you even sign.
a wide set of payment processors: ACH, NACHA, credit/debit...
a wide range of optional features to help in onboarding, validation, portfolio mgmt. and reporting.
If you are NOT a developer, they provide great support and Turnkey options to complete your loan onboarding.
If you are uncertain either in needing a turnkey or if you're a developer and need to test they offer a 30 day free trial complete functional.
Launches completely in 30 mins giving you an instance to launch with full api access.
this trial can convert over before the end so that no work is lost in the evaluation.

I was able to create a full api based onboarding and servicing solution in under 100 man hours mixing and matching with other technology providers in cloud based per user/loan cost environment.
Costs are defined in per loan metrics with options for minimal upfront or with a higher upfront and lower per costs.

LoanPro has a first class Loan servicing front end as well as a customer facing portal.
Makes a great choice for a # of use cases in the Loan Provider space.
I would highly recommend it in both Developer and Non Developer scenarios.

Overall: I was able to plug a solution into a hole for a project where no other solution existed that i could tell of.

Capterra-loader

The team has LoanPro has been remarkable to work with.

Feb 02, 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: We've been looking for a software to manage our portfolio for several years and couldn't find anything that would do what we needed and not break the bank. It is reasonably priced and is easy to use. The software is also helping manage our delinquency and collection efforts. Phenomenal product!

Cons: The software is primarily for managing a loan portfolio. Our deals are leases so it has taken some customization, but the team at LoanPro has been able to make the adjustments needed to fit our leases.

Overall: We had been using excel files and dropbox. This software allows us to bring all of our documentation and portfolio management into one location. It has been easy to set up and with great support from the team at LoanPro. We've been implementing collection letters into the software which will be of great benefit to manage our collection efforts. The reports the software generates of our portfolio has also greatly assisted the accounting department in tracking the performance and revenue. We love this software and the team at LoanPro!

Sales team were easy to work with. The free trial period was long and helpful.

Jul 14, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: LoanPro is very user friendly. Having LoanPro available anywhere is good for our team that travels a lot. We use complex interest calculations to solve APR and LoanPro handled them better than previous software.

Amazing loan softwares.

Mar 27, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: I am very impressed with loanpro's lending software. I usually work from the office but it is very nice to be able to also work from home because with loanpro I can log on and service our notes from anywhere. The collection options are amazing and very helpful. This software makes my job easier.

The Best Servicing Software in the marketplace

Mar 08, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Ease of use, Flexible, Reliable, Accurate, Consistent, Highly configurable, Rich set of features and APIs - they GET Servicing and do it better than anyone else.

Cons: None

Overall: LoanPro is by far the best servicing software I have had the pleasure of using. Compared to other servicing systems out there, LoanPro is light years ahead. It is built on modern technology and offers robust capabilities. With their servicing capabilities, business rules and APIs, it is extremely flexible and extensible.

Their support is absolutely fantastic. They really take their time to listen to and understand the needs of their customers and help find the right solutions. They answered endless questions while we were making our decision, and supported us every step of the way during implementation (At a small-dollar consumer finance lender).

Highly recommend it!

Recommendations to other buyers: Give it a try - you will love it.

A great web-based solution.

Mar 01, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Comments: LoanPro is a powerful solution if you want to move your lending business online. As a cloud based platform it allows us to mobilize our business and get more done. I especially appreciate the ability to create custom forms, and to automate our customer contact. The support team is great to work with and once the system is set up, it's very simple to use.

Best LMS for Online Lenders

Feb 23, 2017
4/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Loan Pro is extremely flexible with built in support for many different loan configurations including CSO. The TILA numbers always match APRWIN with is great for audits. Support for event driven business rules and custom fields allow our clients fit the product to their specific business process.

Cons: Loan Pro is limited to the LMS function and does not include loan origination functions like contracts or verifications.

Overall: Our company specializes in building lending solutions for online lenders and over the years we¿ve worked with several different LMS vendors. Loan Pro has the most flexible loan setup options and comprehensive API on the market. It¿s easy to use, cost effective, and we recommend it to all of our clients.

Recommendations to other buyers: We have also been able to work with Loan Pro to recommend new features that enhance their product and our business.

Powerful and good looking software.

Jan 30, 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: Great looking and very complete.

Cons: There is a bit of a learning curve. This is partly due to the number of features.

Overall: LoanPro Software is a very powerful loan servicing platform. I found their staff to be friendly, professional and very knowledgeable. I have looked at other lending software in the past and LoanPro is by far the most modern. We were originally looking for a cloud based solution with an API and LoanPro is strong in both categories. Their attention to detail is also impressive. I highly recommend LoanPro, especially if you are trying to get away from desktop-based solutions.

Recommendations to other buyers: We found the one-month free demo to be helpful.