Best loan software – the ultimate list

November 2021

The ever-expanding FinTech world and changing market conditions force companies to compete on a new level. The process of loan management has to be focused on a user and real, not imaginative, challenges. Loan software offers multiple solutions for everyday people. Here’s the list of the most known applications for you to compare and draw inspiration from.

What counts as loan software?

The question is actually very valid. Since loan software is a part of the financial software ecosystem, it should offer solutions for people interested in money management. To do that, applications need to offer a wide variety of useful functionalities:

  • store loan data and documents to be easily accessible by users
  • have advanced security protocols
  • offer the creation, modification, and ending of loan processes and contracts
  • automate fees
  • generate transaction calculations before signing the loan agreement
  • offer fee calculator if the contract predicts dynamic changes in market conditions that impact fees
  • manage relations and secure data exchange with third-party brokers and inventors
  • be in line with both the local and global FinTech and general law regulations
  • have dashboards and generate reports for users so they can make informed decisions about loan performance and future steps

These requirements are pretty standard for the industry, so if you want to find a perfect solution, these are mandatory. If you want, on the other hand, to create your own solution, you may consider custom lending software development services. It’s the most effective way for the creation of a loan software product.

The criteria for successful loan software application

Loan software applications are distinctive, even for FinTech. In general, financial technology applications deal with sensitive customer data. They are expected to protect them and offer various, sometimes very complicated, services on the go. Loan software goes even further. It offers the ability to get out of debts, manage personal accounts, finance personal and company expenditures. By definition, they need something extra.

This “something” is care. The list below consists of many loan software applications but only some of them rise to the true potential of the market. There are still niches to be explored and various ways to utilize them. When browsing for a perfect solution, make sure to explore different alleys. Don’t settle for “just right”, expect “the best as possible can be”.

The list of loan software products

1
250+ Employees
Luxembourg, Belgium
Est. 2009
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Altisource Servicer Solutions

250+ Employees
Luxembourg, Belgium
Est. 2009
Altisource Servicer Solutions is a full suite of services and technologies to meet the evolving needs of loan servicers.
Specialities
  • Origination Solutions
  • Real Estate Investor Solutions
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2
250+ Employees
Irvine, United States
Est. 2010
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ARTEnterprise

250+ Employees
Irvine, United States
Est. 2010
ARTEnterprise is a loan servicing software that extends the life and functionality of an existing loan origination system.
Specialities
  • Mortgage
  • Loan Origination
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3
250+ Employees
San Francisco, United States
Est. 2012
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Blend

250+ Employees
San Francisco, United States
Est. 2012
Unify your approach to acquiring customers across products and channels with a single platform for mortgage and consumer lending.
Specialities
  • Digital Lending Platform
  • Consumer Lending
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4
250+ Employees
San Francisco, United States
Est. 2012
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blend for brokers

250+ Employees
San Francisco, United States
Est. 2012
Blend is bringing its powerful suite of consumer technology to mortgage brokers and wholesale lenders. This will empower mortgage brokers to extend their brand digitally and improve efficiency throughout the lending process. Join us as we build a more sustainable lending ecosystem with higher quality loans and better data transparency for all parties involved.
Specialities
  • Digital Lending Platform
  • Consumer Lending
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5
250+ Employees
New York, United States
Est. 1962
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Broadridge Fully Paid Lending

250+ Employees
New York, United States
Est. 1962
We partner with our clients to develop purpose-built FPL solutions. Our integrated technology platform and expert consulting services support a fully functioning FPL business.
Specialities
  • Technology
  • Data and Analytics
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6
250+ Employees
Nashville, United States
Est. 2014
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Built

250+ Employees
Nashville, United States
Est. 2014
Built Technologies is an enterprise technology company focused on simplifying draw management for construction lenders.
Specialities
  • Financial Services Technology
  • Construction Lending
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7
250+ Employees
Dallas, United States
Est. 2006
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CADENCE`

250+ Employees
Dallas, United States
Est. 2006
CADENCE enables lenders to manage factoring, invoice discounting, asset based lending, and more on a single platform.
Specialities
  • Financial Software Solutions
  • Document Management
  • FI Payments Solutions
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8
250+ Employees
Kennesaw, United States
Est. 1998
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CAN Capital

250+ Employees
Kennesaw, United States
Est. 1998
CAN Capital provides capital to small and medium-sized businesses, using its own real-time platform and risk-scoring models.
Specialities
  • Business Loans
  • Small Business Capital Funding
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9
250+ Employees
Paris, France
Est. 1987
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Cassiopae Lending & Leasing

250+ Employees
Paris, France
Est. 1987
Cassiopae loan and leasing software is a multi asset class solution.
Specialities
  • Loan Software
  • Leasing Software
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10
250+ Employees
Austin, United States
Est. 2004
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CL Lease

250+ Employees
Austin, United States
Est. 2004
CL Lease™ is a complete leasing servicing application that enables lessors to efficiently service equipment and vehicle leases, from origination to end of life. This complete cloud-based solution simplifies lease servicing and collections and provides a detailed view of all outstanding leases, complete with aging and approvals to simplify collections. CL Lease can automate operations, manage and track multiple assets in a single lease and manage returns.
Specialities
  • Banking Technology
  • Online Banking
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11
250+ Employees
Austin, United States
Est. 2004
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CL Originate

250+ Employees
Austin, United States
Est. 2004
CL Originate is a customer-centric loan origination and underwriting for banks, credit unions, lessors and alternative finance companies.
Specialities
  • Banking Technology
  • Online Banking
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12
250+ Employees
Denver, United States
Est. 1999
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Collaboration Center

250+ Employees
Denver, United States
Est. 1999
Finally, a secure place where everyone involved in the real estate transaction is coming together to share data, documents and discussions.
Specialities
  • Financial Services
  • Software Development
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13
250+ Employees
Cracow, United States
Est. 1993
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Comarch Loan Origination

250+ Employees
Cracow, United States
Est. 1993
Comarch Loan Origination is a platform dedicated to financial institutions that offer credit products to the customers via the sales channel.
Specialities
  • Financial Services
  • Network Management
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14
250+ Employees
New Delhi, India
Est. 1992
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Commercial Lending Software

250+ Employees
New Delhi, India
Est. 1992
The Commercial Loan Origination Solution (CLOS) offers a Configurable Unified Platform built on the products (ECM, BPM, CCM). It automates and streamlines the lending cycle for all loan types.
Specialities
  • Business Process Transformation
  • Loan Origination
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15
250+ Employees
Minneapolis, United States
Est. 1968
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ComplianceOne

250+ Employees
Minneapolis, United States
Est. 1968
ComplianceOne is a configurable loan origination solution and loan processing system designed to provide users with access to a wide range of features.
Specialities
  • Banking
  • Insurance
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16
250+ Employees
Norcross, United States
Est. 2001
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CoreISSUE

250+ Employees
Norcross, United States
Est. 2001
CoreISSUE is designed to provide several key benefits to retailers, payday lenders, B2B lenders, dealerships, health and wellness service providers, third party issuers and processors alike.
Specialities
  • Prepaid Software
  • Bankcard Software
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17
250+ Employees
Irvine, United States
Est. 2010
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CoreLogic Credco

250+ Employees
Irvine, United States
Est. 2010
For over 50 years, CoreLogic has been offering credit reporting solutions to the mortgage industry.
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18
250+ Employees
Paddington, United States
Est. 2017
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DecisionPro

250+ Employees
Paddington, United States
Est. 2017
DecisionPro is a consumer loan origination system that automates credit underwriting steps to help process a credit application by providing policy-based autoamted decisions or reccomendations.
Specialities
  • Corporate Banking
  • Capital Markets
  • Investment Management
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19
250+ Employees
Westlake, United States
Est. 2012
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defi ORIGINATIONS

250+ Employees
Westlake, United States
Est. 2012
Fully configurable, quickly deployed, our innovative loan origination system continues to shift the lending industry. Evolving with lenders and the industry to meet client and business demands.
Specialities
  • Loan Servicing
  • Business Process Outsourcing
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20
250+ Employees
Westlake, United States
Est. 2012
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defi SERVICING

250+ Employees
Westlake, United States
Est. 2012
defi SERVICING is a dynamic, flexible, and configurable loan management and servicing solution (LMS) that fits business needs today and in the future.
Specialities
  • Business Process Outsourcing
  • Loan Servicing
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21
250+ Employees
Cranbury, United States
Est. 1995
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DocView

250+ Employees
Cranbury, United States
Est. 1995
Visionet is a premier digital technology solutions company built on the premise of disruptive innovation. For over 27 years, our innovation-centric and engineering-first approach has unlocked digital-driven success to over 350+ global enterprises across CPG, Retail, Banking & Financial Services, Food & Beverage, Manufacturing & Distribution, and Life Sciences industries. Our strategic technological alliances with Microsoft, Google, Salesforce, Adobe and AWS, as well as accolades like Microsoft Partner of the Year 2021 and EY Entrepreneur of the Year 2021, are a testament to our expertise in delivering seamless digital transition. With a talent pool of more than 7,500 passionate engineers and digital consultants across 14 distinct locations around the world, we engineer agility and provide innovation-driven value to our clients.
Specialities
  • Data Analytics
  • Machine Learning
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22
250+ Employees
Markham, Canada
Est. 2000
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Doxim Customer Engagement Platform

250+ Employees
Markham, Canada
Est. 2000
Doxim is a leading provider of SaaS-based customer engagement solutions for credit unions, community banks and wealth management firms. Doxim’s Customer Engagement Platform helps financial institutions transform their customer experience, communicate more effectively throughout the customer lifecycle, and improve cross-sell and upsell activities that drive increased wallet share.
Specialities
  • Customer Engagement
  • Business Process Management
  • Business Analytics
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23
250+ Employees
Pleasanton, United States
Est. 2000
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Encompass Digital Mortgage Solution

250+ Employees
Pleasanton, United States
Est. 2000
Encompass is Ellie Mae’s all-in-one integrated solution that covers the loan lifecycle and provides one system of record so you can close compliant loans.
Specialities
  • Mortgage Lender Software
  • Loan Origination Systems
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24
250+ Employees
Pleasanton, United States
Est. 2000
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Encompass360

250+ Employees
Pleasanton, United States
Est. 2000
Encompass360 is a way of managing loan origination process that dramatically improves the way your business functions.
Specialities
  • Mortgage Lender Software
  • Loan Origination Systems
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25
250+ Employees
Irving, United States
Est. 2017
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Exela Capital Market Activities

250+ Employees
Irving, United States
Est. 2017
Exela offers connected solutions that help optimize capital market activities. We simplify data management, risk modeling, document creation and processing, payment processing, and reconciliation to make it easier for lenders and borrowers to connect and do business together.
Specialities
  • Business Process Automation
  • Digital Transformation
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26
250+ Employees
San Jose, United States
Est. 1956
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FICO Origination Manager

250+ Employees
San Jose, United States
Est. 1956
FICO Origination Manager brings advanced analytics, application processing and decision flexibility to businesses, so they can make more precise, profitable decisions when starting a new credit relationship.
Specialities
  • Predictive Analytics
  • Enterprise Software
  • Consultancy
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27
250+ Employees
Paddington, United Kingdom
Est. 2017
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Finastra Total Lending

250+ Employees
Paddington, United Kingdom
Est. 2017
Avista Accelerator is a solution web-based mortgage loan origination systems provide lenders with a toolset for wholesale, correspondent, retail, and consumer direct lending.
Specialities
  • Corporate Banking
  • Capital Markets
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28
250+ Employees
Bangalore, India
Est. 2014
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FinXEdge Lend

250+ Employees
Bangalore, India
Est. 2014
FinXEdge Lend is a data-driven intelligence platform powered by advanced Machine Learning. It is designed to help lending organizations convert leads to customers. It helps improve sales and operational efficiencies and enhances customer experiences.
Specialities
  • Banking Software
  • Predictive Analytics
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29
250+ Employees
Jacksonville, United States
Est. 1968
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FIS Commercial Lending Suite

250+ Employees
Jacksonville, United States
Est. 1968
With FIS Commercial Lending Suite, you can choose from a complete solution for the entire commercial loan process with built-in workflow and analytics or specific modules based on your individual needs to deliver an exceptional customer experience and reduced costs.
Specialities
  • Information Technology
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30
250+ Employees
Deventer, Netherlands
Est. 1998
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FORCE Business Lending

250+ Employees
Deventer, Netherlands
Est. 1998
FORCE Business Lending is a cloud lending platform for business loans.
Specialities
  • Mortgage Platform
  • Pension Platform
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