Stand-alone and Borrower side servicing options available.
No cost added for number of loans, customers, accounts, transactions. Simple setup, no additional hardware required. The loan management feature of LoanAssistant covers various segments of the lending industry such as residential and commercial mortgages, education loans, motor finance, construction loans, installment sales, leases, Investor Participation and others.Įxtensive reporting, including custom letters and documents, 1098 tax reporting. Operating the program is simple and does not require extensive accounting and/or bookkeeping training. The software will dynamically calculate interest/principal based on the payment date/amount, allowing tracking/processing possible charges and fees. With Loan Assistant, loan data easily shows up to QuickBooks without double entry, enabling real-time reporting. The solution is the only loan servicing add-on for QuickBooks that enables users to seamlessly manage multiple loans and credit lines. LoanAssistant is a powerful and versatile loan management software developed by a dedicated team of successful software developers, bankers and accountants.
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