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LoanPro description
LoanPro is a cloud-based loan management software designed for lenders of all sizes. It helps manage the entire loan lifecycle, from application and approval to servicing, payments, and collections. LoanPro stands out for its flexibility, allowing lenders to create custom loan products and automate processes. It promises improved efficiency, scalability, and the ability to launch new loan programs quickly.
Who is LoanPro best for
LoanPro is a cloud-based loan management software designed for lenders of all sizes. We find it's particularly well-suited for medium and large businesses seeking a flexible and customizable solution. It stands out with its ability to create custom loan products and automate processes. In our experience, users value LoanPro's modern lending core and the ability to streamline loan collection.
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Perfect for mid-sized to large lenders (100+ employees) seeking highly adaptable loan management.
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We find LoanPro is a great fit for companies in Finance, Banking, and Insurance looking for flexible solutions.
LoanPro features
Supported Modern Lending Core: Enabling innovation through an API-first architecture with security at the foundation. |
Supported Origination Suite: Transform applicants into approved loans with ease. |
Supported Payments Suite: Secure payments for streamlined loan collection and worry-free processing. |
Supported Collections Suite: Reduce default rates by quickly launching hardship programs and other collections strategies. |
Supported Servicing Suite: Experiences that delight customers and improve agent efficiency. |
Supported Customer Delight: We delight our customers by creating solutions for problems that arise in the industry before our customers are impacted. |
Supported Team member becoming journey: Delivering best-in-class solutions requires a best-in-class team. We are constantly focused on individual team member growth and progression. |
Supported Sustainable growth: LoanPro is a cash-flow positive business that our customers can rely on to remain in business. We’re focused on rapid growth without sacrificing stability. |
LoanPro pricing
The commentary is based on 3 reviews from LoanPro G2 reviews.
We find that LoanPro's pricing isn't explicitly mentioned in reviews. However, one review expresses extreme dissatisfaction, citing billing for ineffective support as a major concern. This suggests potential issues with cost versus value.
See the LoanPro pricing page.
LoanPro alternatives
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LoanPro FAQ
LoanPro is a cloud-based loan management software that streamlines the entire loan lifecycle. We find it particularly useful for lenders wanting to automate processes, customize loan products, and scale their operations efficiently. It's suitable for businesses of all sizes.
What is LoanPro and what does LoanPro do?
LoanPro is a cloud-based loan management software that streamlines the entire loan lifecycle. We find it particularly useful for lenders wanting to automate processes, customize loan products, and scale their operations efficiently. It's suitable for businesses of all sizes.
LoanPro integrates with other tools through its API-first architecture. This allows for flexible connections with various systems, facilitating data exchange and automation. We find that this approach makes it easier for lenders to incorporate LoanPro into their existing workflows.
How does LoanPro integrate with other tools?
LoanPro integrates with other tools through its API-first architecture. This allows for flexible connections with various systems, facilitating data exchange and automation. We find that this approach makes it easier for lenders to incorporate LoanPro into their existing workflows.
LoanPro's main competitors include CompassWay, Sageworks Lending, Mortgage Automator, LendingPad, CoreISSUE, and CloudBankin. These alternatives offer similar loan management features and target a similar clientele.
What the main competitors of LoanPro?
LoanPro's main competitors include CompassWay, Sageworks Lending, Mortgage Automator, LendingPad, CoreISSUE, and CloudBankin. These alternatives offer similar loan management features and target a similar clientele.
Yes, LoanPro is a legitimate cloud-based loan management software. It receives positive ratings on G2 and Glassdoor and appears to be a reliable option for lenders of all sizes. We find that their focus on flexibility and customization is particularly attractive.
Is LoanPro legit?
Yes, LoanPro is a legitimate cloud-based loan management software. It receives positive ratings on G2 and Glassdoor and appears to be a reliable option for lenders of all sizes. We find that their focus on flexibility and customization is particularly attractive.
LoanPro doesn't publicly share their pricing. Contact their sales team for a customized quote based on your specific lending needs.
How much does LoanPro cost?
LoanPro doesn't publicly share their pricing. Contact their sales team for a customized quote based on your specific lending needs.
We find that LoanPro's customer service is generally considered responsive and helpful, with many users praising their account management team and troubleshooting assistance. However, some users have mentioned initial challenges in establishing effective communication pathways.
Is LoanPro customer service good?
We find that LoanPro's customer service is generally considered responsive and helpful, with many users praising their account management team and troubleshooting assistance. However, some users have mentioned initial challenges in establishing effective communication pathways.
Reviewed by
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.
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.