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The Nortridge Loan System

Name: The Nortridge Loan System
Rating: 4.5 (2 reviews)

By Nortridge Software

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Highlights : About The Nortridge Loan System

Credit Union

Investment Banking

Lease Management

Lending Integration

Lending Management

Multi-Branch

Offshore Management

Online Banking

Securities Management

Amortization Schedule

Construction Loans

Historical Loan Information

Investor Reporting

Loan Consolidation

Loan Processing

Loan Submission Control

Mortgages

Online Application Acceptance

Fee Management

Rate Tables

Rules Customization

About The Nortridge Loan System

The Nortridge Loan System is a loan servicing and origination platform that helps lenders and loan servicing organizations better track, manage and service loan portfolios. Key features include customer relationship management (CRM), origination, servicing, and collections, alongside modules for multi-book accounting, participations, escrow, and a client web portal. Users are able to originate, service, collect and report on a multitude of loan portfolio types. Nortridge supports multiple lines of loan products such as installment, secured loans, marketplace unsecured, lines of credit, auto, and mortgage, as well as different loan types including term loans, commitment, non-revolving, and pool loans. Users can select between interest methods, accrue on any preferred day, and set interest rates and payment periods with automatic late fees. Users are able to automatically schedule over a hundred predefined standard reports with 40+ filter criteria for sorting and selecting data, and save the parameters for another report. Dashboards provide users with pie charts, bar charts, and geographical charts to view important metrics, with all data synced in real time. Nortridge allows users to automate loan processes to improve business procedures by configuring workflow rules for employees. Plug-in a credit scoring engine to pull credit data and get credit profiles from prospective borrowers from credit bureaus, and alternative data sources via API. Direct database access provides users with current borrower data with detailed loan statistics. Users can create loan origination workflows with features including auto-decisioning, automated loan document generation, online application, smart disbursement, and more. An integrated collections module allows users to see all pertinent information about delinquent loans or borrowers on a single, customizable screen.

Specifications

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Benefits

Organizations can tailor the platform to their specific business needs without a single line of code.

Use the Web API to plugin to anything, and scale from one user to hundreds with speed.

Create new loan products and expand into new markets, while improving efficiency and minimizing delinquency rates.

Improve loan collection rates using the integrated collections module and view all pertinent information about delinquent loans or borrowers on one screen.

Real-time dashboards allow users to visually track and leverage loan statistics with built-in charts.