From SaaS shortlist to AI automation

Don't get left behind. Show Gralio how you work and our revolutionary new tool will return step-by-step guidance plus the exact software - or AI - to accelerate your work.

Logo of LendingPad

LendingPad

Website LinkedIn Twitter

Last updated on

Company health

Employee growth
25% increase in the last year
Web traffic
33% increase in the last quarter

Ratings

G2
4.7/5
(168)

LendingPad description

LendingPad is a cloud-based loan origination software (LOS) designed for mortgage industry professionals. It offers a centralized platform to manage the entire loan lifecycle, from application to closing, with features such as automated workflows, document management, and compliance tools. LendingPad focuses on providing a user-friendly system that is quick to implement and easily scalable, aiming to increase efficiency and reduce the operational costs of mortgage lending for brokers, lenders, and credit unions.


Who is LendingPad best for

LendingPad is a cloud-based loan origination system designed for mortgage industry pros. We find that it's easy to use, offers great customer support, and provides reliable file storage. Users appreciate the frequent updates and seamless integrations. Keep in mind that some users report occasional glitches and slow load times.

  • Great for small to medium-sized mortgage businesses (1-1000 employees) seeking a scalable cloud-based loan origination system.

  • Perfect for finance, banking, and insurance pros aiming to streamline mortgage processes with an intuitive, cloud-based loan origination system.


LendingPad features

Supported

Fast implementation process: LendingPad offers a fast implementation process, allowing users to start originating on the platform quickly and efficiently.

Supported

Cloud-based platform: LendingPad is a cloud-based platform that allows users to access its services from anywhere with an Internet connection.

Supported

Scalable platform: LendingPad is meticulously designed to scale by providing a flexible and customizable platform for mortgage lending operations.

Supported

Simplified, intuitive screens: LendingPad offers simplified, intuitive screens to enhance user experience.

Supported

Multi-user processing: LendingPad supports multi-user processing and real-time notifications to improve collaboration and efficiency.

Supported

Complementary POS system: LendingPad features a complementary Point of Sale system facilitating a seamless borrower experience.

Supported

Direct wholesale integration: LendingPad offers direct wholesale integration for brokers, allowing them to complete the origination process with ease and confidence.


LendingPad reviews

We've summarised 168 LendingPad reviews (LendingPad G2 reviews) and summarised the main points below.

Pros of LendingPad
  • Easy to use and navigate with a user-friendly interface.
  • Excellent and responsive customer support via chat.
  • Reliable file storage and accessibility from any device with internet access.
  • Frequent updates and continuous improvements.
  • Seamless integration with many other platforms, including CRMs and POS systems.
Cons of LendingPad
  • Occasional glitches and errors can cause frustration and lost information.
  • Load times, especially for the Pipeline view, can be slow.
  • Limited customization for certain features.
  • Mobile app functionality is limited.
  • Integration with some lenders can be difficult.

LendingPad alternatives

  • Logo of CloudBankin
    CloudBankin
    Modern lending platform. Streamlines loans, from origination to servicing.
    Read more
  • Logo of Floify
    Floify
    Streamlines mortgage workflows, automating communication and document collection.
    Read more
  • Logo of Mortgage Automator
    Mortgage Automator
    Automates private lending, from origination to servicing, boosting efficiency.
    Read more
  • Logo of CompassWay
    CompassWay
    Automate your loans, from application to repayment. Simple, efficient lending.
    Read more
  • Logo of Maxwell
    Maxwell
    Modern mortgage platform simplifying lending from origination to close.
    Read more
  • Logo of LoanPro
    LoanPro
    Manages loan process end-to-end; flexible automation boosts lender efficiency.
    Read more

LendingPad FAQ

  • What is LendingPad and what does LendingPad do?

    LendingPad is a cloud-based loan origination system (LOS) streamlining the mortgage process for brokers, lenders, and credit unions. It offers a central hub for managing loans from application to closing, featuring automated workflows, document management, and compliance tools. We find that its user-friendly design and focus on scalability make it a valuable tool for improving efficiency.

  • How does LendingPad integrate with other tools?

    LendingPad offers seamless integrations with various platforms, including CRM and POS systems, streamlining workflows and enhancing user experience. It also features direct wholesale integration, simplifying the origination process for brokers. However, some users have reported difficulties integrating with certain lenders.

  • What the main competitors of LendingPad?

    LendingPad's main competitors include CloudBankin, Maxwell, Floify, BusinessBANKER, Finanta, and CompassWay. These alternatives offer similar loan origination and management features for mortgage and lending professionals.

  • Is LendingPad legit?

    LendingPad is a legitimate cloud-based loan origination software. It receives positive reviews for its user-friendly interface and responsive customer support. We find that some users mention occasional glitches and slow loading times. Overall, it appears to be a reliable platform with some areas for improvement.

  • How much does LendingPad cost?

    I'm sorry, but pricing information for LendingPad is not available at this time. For the most up-to-date pricing details, we recommend visiting LendingPad's website directly.

  • Is LendingPad customer service good?

    We find that LendingPad's customer service is highly regarded. Users consistently praise the responsive and helpful support team, particularly through the readily available chat function. They appreciate the quick resolution of issues and readily available guidance.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.