Whitman Technological

Moneylender Professional


5 / 5
7 reviews

Who Uses This Software?

Individuals with one or more loans, investment companies, professional lenders, retailers with in-house financing, mortgage companies, real estate investors, banks, corporations.


Average Ratings

7 Reviews

  • 5 / 5
    Overall

  • 5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $489.00/one-time/user
  • Pricing Details
    One-time cost. No annual fees.
  • Free Trial
    Yes
  • Deployment
    Installed - Windows
  • Training
    Documentation
  • Support
    Business Hours

Vendor Details

  • Whitman Technological
  • www.moneylenderprofessional.com
  • Founded 2013
  • United States

About Moneylender Professional

Moneylender is a loan servicing program used by individuals, investors, business, banks and more. With no annual fees, and unlimited email and phone support, it's one of the most affordable systems in the industry. It has capabilities that often exceed those of much more expensive platforms.


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Moneylender Professional Features

  • Accounting Management
  • Amortization Schedule
  • Application Management
  • Auto Loans
  • Automatic Funds Distribution
  • Business Loans
  • Collateral Tracking
  • Collections Management
  • Compliance Management
  • Construction Loans
  • Customer Database
  • Fee Management
  • Investor Management
  • Loan Processing
  • Student Loans

Moneylender Professional Reviews Recently Reviewed!


Tremendous value for a full feature software

Apr 06, 2019
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: User friendly, easy to learn or train new employees on, superb customer support and frequent updates/fixes, customizable reports/statements

Cons: At this point I dont really know any cons of Moneylender, it does absolutely everything we need it to do.

Overall: We've been using Moneylender for nearly 10 years and have serviced over 1000 loans with it. The new features in MLP3 are outstanding and the recent addition of Auto-Pay, which we have not yet implemented with our clients, will be a major time saver for us. Whitman Tech has always be extremely responsive to any issues or suggestions for improvement over the years and has in fact incorporated many of our suggestions in free updates to the software. MLP has proven itself very reliable and an absolute bargain for what it does.

I've been using Moneylender for 3 years now and it is a very easy program to use.

Jan 23, 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: Its easy to use. When I do have an issue, technical support is very prompt. The customer rep makes himself very available to his clients. I don't feel like he sold me his program and abandoned me.

Cons: I had to think about this and honestly I could not think of one thing. For the sake of an answer, possibly having more info about the loan on the front portfolio page, i.e. property address. I sometimes have more than one loan for a client .

Overall: It kept all the numbers I needed for each loan, including 1098 & 1099 year end numbers. I like that I can easily open up closed loans to refer back.

Moneylender Professional

Apr 06, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

2 / 5
Value for Money
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Pros: Its a must have for tracking notes receivable correctly. Very easy to use, user friendly!

Cons: Additional cost to upgrade to next versions.

Loan software

May 09, 2019
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: Autopayment and credit reporting. Ease if use

Cons: Metro 2 reporting should be sent out automatically

Overall: Great way to do buy here pay here

Awesome Program

Apr 21, 2019
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: I was doing all my loans on my own through excel and sending out individual statements each month. Money lender has save me so much time to do other business. Overall program was easy to use and build my own templates. Love this software for the cost.

Cons: Honestly have no complaints with the software. Any issues I've had were immediately resolved. Customer service is well above the standard.

Overall: Excellent software.

Incredible Product for the Price!! Excellent Support!

Mar 28, 2014
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Comments: Most servicing packages are priced for the large servicer with lots of features the average user won't ever need. Moneylender turned out to be the perfect product to fit my needs at an affordable price. If you don't want to be buried down with high prices and add-on fees for features that should be included, this is the product for you. It also handles a large variety of loan types.

After installing, I had a small issue with one of the components and how I service my loans. I emailed support and found out it would require an actual programming change. With a large company, that usually means I would have to wait weeks or months, but Money Lender was able to fix the issue within a couple of days.

I would say download the demo and give it a try!!

Great Software.

Apr 06, 2019
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
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Pros: That they added escrow accounting and analysis.

Cons: Learning curve to customize statements and report. Can easily make a mess of it.

Overall: Great experience. I owner finance houses that I buy and need an easy way to keep up with the accounting. This program runs great and has never given me any problems and I feel confident that it is calculating correctly.