PerfectLO

PerfectLO

5 / 5 7 reviews

Who Uses This Software?

Small to midsize mortgage brokers/mortgage bankers and banks. Individual LO's within an Institution.


Average Ratings

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

Product Details

  • Starting Price
    Not provided by vendor
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
    Installed - Mac
    Installed - Windows
    Mobile - Android Native
    Mobile - iOS Native
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • PerfectLO
  • www.perfectlo.com/
  • Founded 2015
  • United States

About PerfectLO

The True Digital Loan Application softoware. The only system that goes beyond the 1003 and digs in. Designed by 20 year mortgage pro's. PerfectLO builds a complete and thorough checklist that will match your underwriters needs. LO and Consumer facing, Intelligent, Interactive, Multi-language, Mortgage Questionnaire. PerfectLO is a cloud-based mortgage software that solves one of the biggest problems during the loan application process. Admin access, Tridless options and more.


PerfectLO Features

  • Amortization Schedule
  • Client Database
  • Closing Documents
  • Commercial Mortgages
  • Contact Management
  • Credit Reporting
  • Customer Statements
  • Document Management
  • Electronic Applications
  • Loan Origination
  • Loan Servicing
  • Pipeline Management
  • Pre-Qualification
  • Refinance Management
  • Residential Mortgages

PerfectLO Reviews Recently Reviewed!


Gamechanging. I got 2 loans this week that I am quite confident I would have never got

May 11, 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: Easy for the consumer, yet and indepth look from the mortgage side. The checklist is my favorite function. The summary report I put in my files with my processor and she absolutly loves my loans now :)

Cons: I wish i had this 5 years ago. I would prob not have an alcur if I had, had this sooner. Whether you are a seasoned veteran or brand new LO, it's deisgned for you !

Overall: Effiecient, More referrals, More Money

Capterra-loader

This software helped me to grow my business, and sets me apart from my competitors! AWESOME!!!

May 04, 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: Perfect LO allows me to spend time making new loans instead spending my time asking all the pertinent questions that are not covered on the 1003. In addition, it has made my submissions so much cleaner, and I'm getting "clear to closes" instead of "conditional approvals".

Cons: Although the software is very intuitive, and can have a large impact practically immediately. It is very powerful, and does take some time to optimize based on your needs. Not really a Con I guess, but that's really all I can come up with!

Overall: My process has become so streamlined I still can't quite believe it. My processor thinks I'm the best LO in the world, but PerfectLO is 95% of that. This takes out the guess work with your borrower, and gives you the answers to the questions that you really need to know. Instead of just getting apps, now I get apps and comments from my borrower's about how enjoyable the process is.

Made me spend more time on sales rather than paperwork!

Apr 03, 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: User friendly! Seamless works with encompass. I send this to my realtors to send to their leads. Saves time calling me to call them for their information

Cons: Theres nothing to hate about this software. It makes my job easier so I cant say anything bad about that

Overall: Makes my workflow simple and fast

Gamechanger. My biz has increased 33%

Feb 14, 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: I spend more time selling/quoting than dealing with 1003 and conditions. This is the part of my job I love !

Cons: Cons? I wish my CRM would do talk to PerfectLO, not that I really need it once they have applied but that would be nice. PerfectLO does have an API built that is easy forCRMS to connect to but not with mine yet !

Overall: Efficient , Multi Language, Best 1003 Platform. My team loves it !

Best POS loan application

Nov 30, 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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Cons: None , as i said - finally some technology that truly has value. a completed 1003 is useless , the checklist and customization that perfectlo has created is second to none.

Overall: Training, more efficient staff. more referrals . helpful for multi language borrowers.

game changer for our industry

Nov 30, 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: Mobile friendly, gets complete applications, the CHECKLIST ! it saves me so much time. A standard loan application is missing so much info , PerfectLO has built a system that gets it right and accurate the first time

Cons: good question...i love everything about it. I hope they make it an LOS someday soon so I can dump calyx.

Finally an accurate, efficient mortgage application solution!

Nov 17, 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: By far the easiest, fastest and most accurate mortgage application I have ever done. Saved me tons of time. Simple to use. Intuitive. Every mortgage loan originator needs to use this.

Overall: Saved me a ton of time. Ensured my loan application was complete and accurate. Guided me through everything simply.
In the past, it took so much back and forth to get all the necessary info. PerfectLO puts everything in one place, easily guides me through all the required info and then provided a simple checklist of missing info making it a breeze to finish.