Best Loan Software – The Ultimate List

September 2022

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 (for example loan management software) 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

151

ODX

50-249 Employees
New York, United States
Designed to connect financial institutions and customers anytime, anywhere with a streamlined digital experience that takes minutes to complete.
Specialities
  • Fintech
  • Small Business Loans
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152

OpenClose Lending Solution

50-249 Employees
West Palm Beach, United States
Est. 1999
OpenClose is web-based mortgage software with tools for creating, uploading, and managing digital loan folders with origination forms, disclosures, underwriting and credit responses and any digital file.
Specialities
  • Mortgage Banking Software
  • Loan Origination Software
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153

PRBC Credit Builder

50-249 Employees
Kennesaw, United States
Est. 1978
Loan Origination
Specialities
  • Risk Management
  • Loan Origination
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154

Provenir Platform

50-249 Employees
Parsippany, United States
Est. 2004
Provenir makes risk analytics faster and simpler for financial institutions. Our Provenir risk analytics and decisioning Platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. We help clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning. We serve clients in a broad range of financial verticals including consumer, commercial, cards, payments, ecommerce and auto financing.
Specialities
  • Consumer Lending and Credit
  • Risk Analytics
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155

reggora

50-249 Employees
Boston, United States
Est. 2016
Reggora automates the entire appraisal experience from automatic order allocation to comprehensive quality control.
Specialities
  • Mortgage
  • Payment Processing
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156

Rockport System

50-249 Employees
New York, United States
Rockport System is an asset management, underwriting, origination, pipeline management and securitization platform for commercial real estate loans.
Specialities
  • Lending Software
  • Real Estate
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157

Sageworks Lending & Credit

50-249 Employees
Austin, United States
Est. 2000
Reduce loan origination costs and lending inefficiencies with Sageworks Lending and Credit software. Borrowers are looking for a quick turnaround on their loan applications and loan officers want loans that will stand up to loan-review scrutiny. Abrigo’s lending software allows financial institutions to grow revenue and increase efficiency. The products making up Abrigo’s loan origination software enable automation of the processes most important financial institution teams while replacing data silos. These solutions combine for greater data efficiency and reporting power for the institution, paving the way to insights, scalability for growth, and digital revenue expansion.
158

Scorto Loan Decision

50-249 Employees
Amsterdam, Netherlands
Est. 2004
Scorto™ Loan Decision is a decision management, application processing and underwriting system for loan origination. Value proposition: – precise credit risk assessment; – flexible management of the lender’s credit rules, credit policies and scoring models; – easy to integrate with banking systems, and DBMS’s; – constant adaptation to changing marketing conditions; – affordable customization to any specific needs. Our customers successfully use Scorto™ Loan Decision because: – This is the way to increase profitability of credit application decisions. – It simplifies the management of loan originations and makes operations more efficient. – Borrowers demand fast automated decisions even for secured loans. – Credit risks should be under control, especially when credit portfolio increases. – Market changes require constant adaptation of decision rules & scorecards. – External pressure to reduce cost should be addressed via automation and better risk control.
Specialities
  • Decision Management
  • Business Intelligence
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159

Scorto Loan Manager

50-249 Employees
Amsterdam, Netherlands
Est. 2004
Scorto Loan Manager is an automated financial risk management and decision support system that empowers lenders to acquire most profitable corporate customers, reduce operational costs and achieve scalability.
Specialities
  • Decision Management
  • Credit Scoring
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160

Scorto Loan Manager SME

50-249 Employees
Amsterdam, Netherlands
Est. 2004
Scorto Loan Manager SME helps manage data input, processign, rating, lending decision support and loan account managment with automation for aspects of the SME loan lifecycle, and more.
Specialities
  • Decision Management
  • Credit Scoring
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161

Shaw Loan and Lease

50-249 Employees
Houston, United States
Est. 1967
Shaw offers a loan and lease servicing solution designed for retail loans. It offers lease management, insurance, fee processing, dealer processing as well as sales tax, property tax and income tax reporting functionalities.
Specialities
  • Lending Software
  • Finance Industry
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162

Shaw Systems Retail and Commercial Loan and Lease Servicing

50-249 Employees
Houston, United States
Est. 1967
Loan and Lease Servicing Software for Banks, Credit Unions, Auto Dealers, and Finance Companies Shaw’s highly configurable retail loan and lease servicing software is an all-in-one solution for loan servicers. You can access our user-friendly software with the click of a button using a browser. All aspects of your retail loan servicing, including auto finance servicing, are safely and efficiently automated. Our software has minimal interfacing of critical data between systems. Less movement of your customers’ personal information means less risk and fewer headaches. Fewer systems and processes to support means lower staffing requirements and reduced resource expenses. Our software utilizes encryption and queuing and has a variety of user interface, data storage, hardware, and deployment options. Our retail loan and lease servicing software integrates seamlessly with all of our other modules. A complete enterprise solution means you are not boxed in. We partner with a third-party to provide origination so everything is taken care of for you. By using web services, your existing systems can leverage data through customer portals like online banking where real-time information is needed. Our retail loan servicing software for banks, credit unions, auto dealers, FinTech, and other finance companies has proven functionality and offers exceptional quality. We’ve partnered with top financial services companies to ensure that you’ll stay competitive in the marketplace.
Specialities
  • Lending Software
  • Finance Industry
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163

SimpleNexus Mortgage Platform

50-249 Employees
Lehi, United States
Est. 2011
SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents, and settlement service providers throughout the homebuying process. The platforms’ native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings – all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.
Specialities
  • Mobile Apps
  • Mortgage Calculations
  • Mortgage Apps
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164

SmartBiz

50-249 Employees
San Francisco, United States
Est. 2009
SmartBiz is a SBA funding marketplace.
Specialities
  • Small Business Loans
  • Lending Process
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165

SmartRoom CRM

50-249 Employees
Chicago, United States
Est. 2004
SmartRoom is a next generation virtual data room that doesn’t compromise between functionality and security. Built from the ground up, every feature has been thoughtfully designed to deliver greater efficiency and bank-grade security for file sharing and collaboration. Appeasing both end-users and IT departments, SmartRoom facilitates success for the entire organization and all parties involved.
Specialities
  • Content Management Platform
  • FinTech
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166

SocietyOne

50-249 Employees
Sydney, Australia
Est. 2012
SocietyOne is Australia leading and largest marketplace lender. SocietyOne has been at the forefront of fintech disruption of the financial services industry in Australia for 6 years, and is widely recognised as the pioneer and leading marketplace lender.
Specialities
  • Lending and Investment
  • Lending Platforms
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167

Solar

50-249 Employees
Boston, United States
Est. 2009
Your Solar Marketplace! Research & comparison shop for residential & commercial #Solar online.
Specialities
  • Energy Efficiency
  • Smart Home Devices
  • Solar Marketplace
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168

SPOTCAP

50-249 Employees
Berlin, Germany
Est. 2014
Spotcap empowers small business owners with tailored finance, allowing them to focus on what really matters – their business. The company assesses the real-time performance of businesses to grant short-term credit lines.
Specialities
  • Business Lending Technology
  • Lending Platform
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169

Surefire CRM

50-249 Employees
Atlanta, United States
Est. 2003
From individuals to enterprise lenders, Surefire CRM helps thousands of mortgage lenders and mortgage loan officers win new business, earn repeat business and gain referral business with intuitive, “set it and forget it” workflows and award-winning content that inspires emotional connections with customers.
Specialities
  • Mortgage Sales Management
  • Mortgage Marketing
  • Mortgage Software
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170

Temenos Infinity Origination

50-249 Employees
Malvern, United States
Est. 1993
Temenos Infinity Origination products for North America give members and customers a rapid, omni-channel product origination experience, including instant decisioning. For credit unions and banks, they create agility, eliminate paper processes, and reduce costs of origination. Infinity works with any core banking system, and Origination products can be used independently or in conjunction other Infinity products such as Journey Manager for acquisition and onboarding.
Specialities
  • Digital Banking
  • Financial Technology
  • Core Banking
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171

The Forge

50-249 Employees
Sydney, Australia
Est. 2014
Core Finance is a cloud enterprise software platform for the FSI sector that allows transformation to be driven by business strategy rather than technology debt. Core Finance spans the entire customer life cycle complimenting core systems across finance and banking enterprise environments. It is an E2E solution that streamlines the customer journey from application and on-boarding through to servicing. The unique nature of the Core Finance offering is that every application can be infinitely configured to each client’s specific business requirements without the traditional risks of bespoke solutions. Core Finance is powered by ‘The Forge’ Clear Dynamics Platform, a highly sophisticated and ubiquitous digital framework that has been designed to achieve genuine automation across the entire enterprise software life cycle. The Clear Dynamics Platform enables us to rapidly configure tailored solutions to facilitate each Client’s unique business processes and architecture. The Clear Dynamics Platform and associated methodology is an automated software ‘Factory’ that removes the risks traditionally encountered with enterprise projects and reduces the cost of delivering highly functional cross-platform solutions including: – Fast & Efficient Delivery: Complete life cycle automation across requirements, configuration, testing, build, deployment, documentation and upgrading. – Fast & Efficient Delivery: Complete life cycle automation across requirements, configuration, testing, build, deployment, documentation and upgrading. – Any Device, anywhere: Omni-Channel solution that automatically facilitates multi-device and audience, environment. – Unlimited Data: Automated data management enabling seamless access to an unlimited volume, breadth and depth of complex and distributed data sets. – Purpose Built Solutions: Clear Dynamics provide outcomes that are 100% purpose built for our Client’s individual processes and business methodologies. – Agnostic Architecture: All applications facilitate Hybrid, Cloud and On-Premise deployment models.End-to-End Retails & An example Product Solution in Core Finance is Managed Loan Origination’s – CRM – Online applications – Low-code automated decisioning – Document management – Centralised view of Customer – Payment processing – Workflow – Reporting – Customer portal
Specialities
  • Financial Services
  • Business Software Solutions
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172

The Nortridge Loan System

50-249 Employees
Foothill Ranch, United States
Est. 1981
The Nortridge Loan System makes it simple to originate, service, collect and report on a multitude of loan portfolio types. The system includes, at its core, Origination, Customer Relationship Management (CRM), Servicing and Collections.
Specialities
  • Loan Servicing Software
  • Loan Originations
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173

ThemePro Lending Solution

50-249 Employees
Chennai, India
Est. 2006
ThemeproTM is a lending solution that allows you to manage workflow and document process, design and integration with internal and external systems.
Specialities
  • IT Solutions to Banking
  • Lending Solution
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174

ThemeproTM

50-249 Employees
Chennai, India
Est. 2006
ThemePro CoreFin is a banking platform, designed with a customer centric approach – rather than an account centric approach. This facilitates integrated working of the entire product / transaction processing through the customer information system.
Specialities
  • IT Solutions to Banking
  • Lending Solution
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175

Trade Ledger

50-249 Employees
London, United Kingdom
Est. 2016
Trade Ledger have re-imagined the lending process through automation and opening up lending opportunities to a larger client base.
Specialities
  • Open Banking
  • Digital Lending
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176

Turnkey

50-249 Employees
St. Louis, United States
Est. 1985
FNI Turnkey is a complete lending package that encompasses the most popular features of the Financial Network, Inc. component-driven architecture.
Specialities
  • Loan Origination
  • Lending Solutions
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177

TurnKey Lender

50-249 Employees
Austin, United States
Est. 2014
TurnKey Lender is a global ULM (Unified Lending Management) leader. The company designs and develops intelligent award-winning software products that automate the entire lending process. The solution’s capabilities cover traditional and alternative lending, SME financing, grant management, money lending, leasing, trade finance, in-house financing, and more. TurnKey Lender serves customers in 50+ countries, and the list keeps growing. As a pioneer in the development of AI software for lenders, TurnKey Lender is quickly gaining traction within regions like the United States, APAC, and the EU. All types of lenders are already using the company’s solutions ranging from large/mid-size banks, digital lenders, and multi-finance companies to trade finance operators, traditional and non-traditional lenders, and telecoms. Reach out and request a free personalized demo from the TurnKey Lender team.
Specialities
  • Loan Origination
  • Credit Risk Management
  • Banking Technology
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178

Upstart

50-249 Employees
San Mateo, United States
Est. 2012
Upstart is a platform that leverage artificial intelligence and machine learning to price credit and automate the borrowing process.
Specialities
  • FinTech
  • Marketplace Lending
  • Artificial intelligence
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179

Vendorly Transact

50-249 Employees
Luxembourg, Luxembourg
Est. 2009
Vendorly™ Transact is a user-friendly software-as-a-service solution that can automate your ordering lifecycle to improve operational efficiencies and help reduce risks, all from a cloud-based environment.
Specialities
  • Origination Solutions
  • Real Estate
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180

VergentLMS

50-249 Employees
Ridgeland, United States
Est. 2005
Vergent delivers web-based software solutions, offering speed, customization and database management not possible on legacy systems. You can access it anywhere, anytime, from any device, in real time. Our product is designed to meet the specific needs and unique and demanding regulatory environment of consumer lending. Vergent has custom loan modules, robust reporting, integrated partner features and built-in compliance tools. It is built, supported and enhanced by industry leaders, backed by a business services team of CPAs. Vergent is the most comprehensive Loan Management Software on the market, encompassing the entire loan life cycle, including underwriting, loan origination and servicing. Vergent’s scalability allows you to efficiently service all clients, whether you have a single store or a corporation with thousands of locations.
Specialities
  • Compliance Software
  • Licensing Software for Government
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181

Zoot Enterprises

50-249 Employees
Bozeman, United States
Est. 1990
Zoot Enterprises is a global provider of advanced origination, acquisition and decision management solutions for financial institutions. We offer comprehensive and flexible platforms for specific business needs that include loan origination, fraud detection and prevention, data acquisition, and more. Zoot is a leader in the financial technology industry. We enable clients to access hundreds of cutting-edge data sources in real time, and provide business user control that empowers our clients to adapt to their evolving strategies. Our cloud-based, secure processing environment delivers decisions in milliseconds and has the capacity to deliver billions of real time decisions annually. Streamline your loan origination process and offer paperless lending – anytime, anywhere with Zoot’s origination solution. Our answer to loan origination completes the lending process, from application and credit scoring to servicing provider integration, all with an unprecedented level of control and flexibility. Not only does our origination solution support you with powerful tools and robust integrations that reduce data entry, it helps accelerate loan processing times while avoiding costly errors.
Specialities
  • Loan Origination
  • Credit Risk Management
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182

absVision

10-49 Employees
Macon, United States
Est. 1978
absVision is an advanced loan origination and management software which supports many types of loans and interest calculations, including simple interest, fixed, blended and step rates, Rule of 78s, and average daily balance.
Specialities
  • Loan Software
  • Software Product
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183

AccuDraw

10-49 Employees
Phoenix, United States
AccuDraw is a software specifically created to monitor, disburse construction loan funds for any type of construction loan from Single Family to Commercial.
Specialities
  • Construction Monitoring Systems
  • Construction Loan
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184

Accusystems – Loan Management

10-49 Employees
Pueblo, United States
Est. 2003
Accusystems provides bank document management software and imaging.
Specialities
  • Document Management
  • Bank Loan Software
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185

ACPAS

10-49 Employees
Centurion, South Africa
ACPAS is a business management solution with credit vetting, pay date scheduling, email Notifications, credit card and PayPal payments.
Specialities
  • Loan Management System
  • Payment Processing Solution
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186

Agile Mortgages

10-49 Employees
Wakefield, United States
Est. 2015
AI Foundry transforms banking and lending operations by integrating information, people and processes to enable increased insight and improved decision-making. Our Agile Mortgages solution helps organizations streamline and automate manual processes, seize new business opportunities and manage compliance, all while driving bottom-line performance. Take mortgage origination to the next level with a solution that provides: • Automatically classify and extract loan data accurately and easily • Streamline back office information processing, while integrating customers into the process • Significantly reduce manual data validation—no more “stare and compare” • Intelligent document checklist • Automatic folder creation • Built-in Rules Engine • Workflow for orchestration • Audit Module • Pre-trained mortgage document library • LOS integration (E.g. Encompass, Empower, Ventures, Byte…)
Specialities
  • Business Process Automation
  • Agile Banking
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187

AMP Credit Technologies

10-49 Employees
Hong Kong, China
Est. 2009
AMP provides an integrated loan management platform to banks and other financial institutions, including credit scoring, loan origination and servicing, document management and CRM.
Specialities
  • Loan Origination
  • Financial Services
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188

Anow

10-49 Employees
Red Deer, Canada
Est. 2011
With Anow’s appraisal management software, mobile app, and form filler, you get one cohesive platform to run your entire business with ease, and more efficiently than ever before. Manage all of your pending and accepted orders, update clients with automated notifications, accept online orders and more with the most modern, user-friendly software on the market. As a third generation appraiser and having completed thousands of appraisals during his decade in the field, Marty Haldane experienced first hand the appraisal industry’s modernization gap. Launched in 2011 by Haldane, a multi-generational appraisal professional, Anow streamlines a wide range of everyday appraisal processes while offering unmatched business insights to help appraisers compete in today’s digital environment. Powerful order tracking, job assignment, collaboration, and scheduling tools allow appraisers and administrative staff to save time, assign appraisals more easily and deliver exceptional service to clients and mortgage lenders from any web-enabled device. Advanced reporting enables business owners to manage fee competition and turn times with ease. Anow is headquartered in Red Deer, Alberta. For more information, visit anow.com.
Specialities
  • Real Estate Appraisals
  • Real Estate Software
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189

appTRAKER LOS

10-49 Employees
Jacksonville, United States
Est. 2016
LAUNCHER.SOLUTIONS is a SAAS technology products and services company built on the foundation of care, understanding, innovation, and speed. We specialize in loan originations for banks, credit unions, and lending institutions. Our appTRAKER Loan Origination System is highly configurable to fit any lender’s business model. appTRAKER’s robust graphic rules modeler allows for the rapid deployment of new pricing rules to market and its versioned QA environment lets lenders test new rules before putting them into production. Industry-standard integrations are included without any additional charges. LAUNCHER.SOLUTIONS focuses on customer service to provide quick and easy implementation and continued support services long after the deal is done.
Specialities
  • Automotive Lending Software
  • Loan Origination System
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190

Artoo

10-49 Employees
Bangalore, India
Est. 2010
Artoo is a loan origination software help MSME lenders to serve a borrower base with limited digital footprints, by equipping the field agent with cutting-edge techNology at the borrower’s doorstep.
Specialities
  • Microfinance
  • FinTech
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191

ASSET

10-49 Employees
Oakville, Canada
Est. 1995
ASSET is a leasing and loan portfolio management software solution focused on fuctions that are traditionally classified as back office processes with the ability to manage financial products including leases, daily intrest loans, revolving lines of credit, and more.
Specialities
  • Portfolio Management
  • Loan Monitoring
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192

AssetArchive

10-49 Employees
Ellicott City, United States
Est. 1996
Software to examine loan trends, detect possible fraud attempts, and consistently audit borrower and lender data.
Specialities
  • FinTech
  • Application Software
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193

ATLOS

10-49 Employees
Baton Rouge, United States
Est. 2008
ATLOS is a paperless lending solution that allows you to manage loan data and documents while managing cost and risk by storing loan information securely.
Specialities
  • Document Management Software
  • Mortgage Software
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194

AutoFaith

10-49 Employees
Arcadia, United States
Est. 2009
AutoFaith Lending Platform is a management and analysis software that provides a platform to run daily operations and allows your management team to monitor loan portfolios’ delinquency preformance, assess business risk, and adjust underwriting guidelines.
Specialities
  • Analysis Software
  • Loan Management
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195

AutoPal Software

10-49 Employees
Farmington, United States
Est. 2009
AutoPal Software is a web-based loan servicing software system designed with tools to help manage workflow, organize and categorize each loan, and help manage your companies bottom-line.
Specialities
  • Loan Servicing Software
  • Loan Management Software
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196

BankPoint

10-49 Employees
McKinney, United States
Est. 1999
BankPoint is an intuitive banking platform that enhances your core system and provides dramatic improvements in efficiency for your staff.
Specialities
  • Banking Software
  • Bank Management
  • Financial Software
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197

Benedict Group LOANS! for .Net

10-49 Employees
Elizabeth City, United States
Est. 1988
Using .Net and SQL Server, LOANS! For .Net is ideal for commercial lenders, multi-family housing authorities and agencies, and consumer loan providers. LOANS! For .Net includes workflow, asset management, escrow, etc.
Specialities
  • Loan Servicing Software
  • Commercial Loan Servicing Software
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198

Big Purple Dot

10-49 Employees
Irvine, United States
Est. 2012
Powerful real estate management software for lenders & realtors.
Specialities
  • Real Estate
  • Management Software
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199

Bloodhound

10-49 Employees
Manitowoc, United States
Est. 1980
Bloodhound is a debt collection software helps to keep collectors focused on collecting while providing the tools needed to manage the business and ensure the clients are satisfied.
Specialities
  • Debt Collection Software
  • Debt Collecton Solutions
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200

BNTouch Mortgage CRM

10-49 Employees
Beaverton, United States
Est. 2004
BNTouch Mortgage CRM is a fully integrated Digital Mortgage system, CRM, marketing, and POS tool offering a comprehensive mortgage business growth platform for loan officers and mortgage companies. Features Include: – Email and SMS Marketing Automation – Lead Distribution and Management – 35+ Proprietary Mortgage Tools – Digital 1003 Application – Pre-Built Marketing Content – Customized Video Marketing – Curated Social Media Content – Integrated with LOS, Outlook, Zapier, and Others – And Much More
Specialities
  • Mortgage Marketing
  • Mortgage Sales Management
  • Mortgage Software
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