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A software system is a collection of computer
programs that work together to automate a complex and
repetitive task.
LoanMaster (tm) is a loan
accounting and loan tracking software system. Its purpose is to keep up
with all the accounting data necessary to manage and
track payment status in a
portfolio of loans.
It includes a database that stores over 300 data
items for each loan and 17 data items for each loan
payment. It prints over 40 reports.
It keeps up with everything a small to medium size
lender needs to know about each loan. There is no limit
to the number of loans it can store. A normal
sized PC disk drive could store around 8 million loans
with all their transactions.
It calculates all the numbers you need and keeps up
with all payments and late charges due and past due. For
a list of features, click Loan
Accounting Software Features.
Our Loan Servicing system includes these features -
and more.
Up to 99 simultaneous users
Full function Reg-Z loan calculator
Single screen setup of installment sales of real estate
including deferred gain calculation
Unlimited multiple portfolios
Simple interest loans of any type
Single click posting of normal loan payments
ODBC interface to data base via Spreadsheet or report
writer
Deferred income for installment sales
Escrow payments and balance
Collection history
Origination Fees
IRS 1098 (Different lender ID for each Portfolio)
Source code hooks allow you to write your own code and
call it from within the system. ( Only if with your in
house programmer.)
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