What
IS a loan servicing software system?
Features for Loan
Servicing
Features for Loan
Billing
Loan Servicing Reports
- List of Reports
Loan
Servicing Software - Sample Reports
Loan
Accounting Software Downloads Page...
Loan Software
Prices
Up to 25 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
Single click reversal of complete payment transaction
Single click complete payoff with payoff report.
Single click local or remote data backup
Access data from Microsoft Excel
Access data from Microsoft Access
ODBC interface to data
Default ( penalty ) rate on defaulted loans (Multiple
default rate indexes)
Deferred income for installment sales
Escrow payments and balance
Collection history
Collection expenses, capitalized and expensed, and legal
expenses
Date of default
Statute of limitations date
Collection Priority
Origination Fees
Capitalized Costs
FASB91 amortization of origination fees
FASB91 amortization of purchase discount
Aging history: Number of times 10,30,60,90,120 days
delinquent
Number of late charges assessed
User defined penalty
Sharing of principal, interest and late charge payments
between two entities.
Guarantor and % guaranteed
Variable and Adjustable rate loans (Multiple rate
indexes for each type)
IRS 1098 (Different lender ID for each Portfolio)
Automatically assigned loan numbers (optional)
Year-end status of every loan maintained for history
Data edits log records all data changes and user id.
Credit card type billing
Loan Grade and Regulatory Classification
Source code hooks allow you to write your own code and
call it from within the system.
Loan
Servicing
Reports:
Trial Balance
Past Due Aging ( 4 options )
Past Due Loan List summary
Past Due Loan Details for customer phone contacts
Cash Payments Received
Interest and Principal Paid by Date Range
Deferred Gain
Daily Cash Balancing
Loan Payoff Report *
Loan Statements *
Loan Balance Variance Report Scheduled vs Actual
Billing and Past Due Notices
*
Past Due Payment Invoice *
Payment Coupons
Payment Receipt
Daily Accruals
Deferred Gain
Deferrals Expiring
1098 Forms
Year End Loan Status Report *
Loan (current) Status Report ( 4 pages )
Loan Payoff Report (for current or future date)*
* (Ready to mail Columbia
Window Envelope)
View and Print LoanMaster Sample Reports (PDF Format)
Microsoft
Word Documents for Billing Notices
Billing notices, are created from templates which
consist of Microsoft Word documents. You can
edit the templates to say whatever you like. You can
put your company logo and use your favorite fonts.
There are multiple past due notices: less than 30
days, 30 to 59 days, 60 to 89 days, and over 90
days. Each can have whatever wording you like. Each
loan payment notice created will look exactly like
your custom template with the specific data for each
loan inserted.
Importing Existing Data:
Import data from Excel spread sheets. Pre formatted
sheets provided by BLS. You fill in the old data, we
import it for you.
Loan
Servicing Software Downloads Page...
LoanMaster
Software Prices
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Consulting Plus Inc.
Sales Office & Training Facility
29222 Rancho Viejo Road, Suite 209
San Juan Capistrano, CA. 92675
(800)481-2708
Loan Master - Loan
Servicing Software
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