Loan Servicing

Price: $4,000-$29,000 | Upgrade: 15% of current system price | Copies sold: 1,000 - 9,999
Current version: 4.2 | Year released: 1982 | Year updated: 2004

Documentation:
  • printed manual
  • on-line help

Description:
Equity Lines/Revolving Credit -- Provides credit screening and control on incoming additions to a portfolio. As you purchase/pay-out transactions, the system updates the loan customer file automatically, updates the accounts payable client file and lets you control payments. Whether your paper is recourse or not, this system can handle it.

• Strong marketing reports for analysis of your incoming business
• Additional controls for over/under credit limit
• Minimum required payments
• Detail monthly billing with four different selective message banks for marketing or collection tools
• On screen-inquiries, payoffs, credit approvals
• Mortgage-backed credit cards
• User-definable fields
• Help screens and windows

Computer operating systems:
  • Windows NT/2000/XP
  • Microsoft SQL Server