Dynamic Interface Systems

LOANLEDGER

4 / 5 7 reviews

Who Uses This Software?

Ideal for lenders looking for a PC based mortgage loan servicing solution. Lenders using DISC are throughout the US and 17 countries worldwide.


Average Ratings

7 Reviews
  • 4 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    $4,000.00/one-time
  • Free Demo
  • Deployment
    Installed - Windows
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Business Hours

Vendor Details

  • Dynamic Interface Systems
  • www.loanledger.com
  • Founded 1982
  • United States

About LOANLEDGER

LoanLedger is the #1 rated loan servicing software program servicing mortgages, simple interest, Rule of 78, revolving credit, bi-weekly, and other methods of interest calculation. Designed for mortgage companies, commercial lending, credit unions, municipalities, non-profit organizations, private and institutional lenders, auto loan servicing, student loans, real estate loans, and much more. Easy to use, affordable and professional loan servicing software.


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LOANLEDGER Features

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

LOANLEDGER Reviews Recently Reviewed!


Loan Ledger is a great program. Customer Support is outstanding !

Dec 06, 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: Easy to use and collect data. Saves a lot of time instead of doing a lot of this manually. easy to get annual interest on everyone

Cons: I dislike having to re-do everything each year. i have a hard time getting this done. i usually have to have customer support walk me through t each year.

program is fine, but the annual renewals are way too high.

Nov 29, 2017
3/5
Overall
2 / 5
Ease of Use
2 / 5
Features & Functionality
5 / 5
Customer Support
2 / 5
Value for Money

Pros: simple program, accurate reporting,

Cons: no escrow reconciliation, confusing steps to correct input mistakes and way too expensive renewals costs

LOANLEDGER review

Nov 28, 2017
2/5
Overall
2 / 5
Ease of Use
2 / 5
Features & Functionality
1 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 2.0/10 Not
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Pros: Cost efficient.
Since I have been using it for 9 years, it is easy for me to navigate.
Prints satisfactory reports.

Cons: customer support

the fact that it is NOT cloud based and I have to do the annual uploads.

We recently tried to move it off one server and on to another and we were left with NO customer support to do so. I was not able to access my database for over one week. It is scary,,,,,

we are actively looking for another company to service our needs.

Product is just OK. Very good customer service when I call with questions.

Jul 27, 2017
3/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
3 / 5
Value for Money

Pros: The program is not difficult to learn how to use. sssssssssssssssssssssssssssssssssssssssssssssssssss

Cons: Payoff statements cannot be customized (to my knowledge). Program sometimes freezes after 1-2 hours of inactivity - have to shut down and log back in. Have never been able to get loans to automatically apply principal and interest payments correctly.

easy to use and great customer support from Martie Mullen,

Jul 27, 2017
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: simplicity, easy-on-the-eye graphics
help is just an email away,,,,,
loan accounting features are intuitive

Cons: reports can be a bit clumsy
error messages are hard to decipher
no warnings when you get an error, you are just booted off

Overall: ease of use on a daily basis

I have had not issues with the software and find it very easy to use.

Jul 27, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Pros: It is easy to use and somewhat user friendly. The software is easy to follow and has just the right features I need.

Cons: I wish I was able to print more than report at a time to my screen. If I forget to close out of one report and try to print another report I get an error message and get kicked out of the software.

Easy to upload and support staff is fantastic! Conversions and data entry has been very smooth!

Jul 24, 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: This is the second company I have run and purchased this program for. My reasoning is simple, it is designed for the small to mid size servicer and not a tremendous amount of training required. If you can read you can use this system. Also, it has given us the opportunity to handle several companies at once without a huge cash outlay. My staff have been very successful using virtually all of the functions enveloped within this program!

Cons: The system is virtually identical to what I purchased 25 years ago and could use some updating in its' appearance. That said, it functions just fine!

Overall: Low cost with big results. This program does everything we need to service multiple loan portfolios including a wide range of reports. This keeps our investors up to date each day. There are several "modules" available that can be integrated into the base program that would give even more flexibility however they are functions we don't need. It's great to know however, that if we need them in an expanded capacity we have access to them.