SERVICE SYSTEM – LOAN SERVICING SOFTWARE
Written in highly efficient visual pascal programming language with a graphical point and click interface for the windows environment.
Incorporates high performance SQL client/server database architecture for both single user and multi-user network applications.
Accrues interest daily based on fixed and variable rates with annual and lifetime floor/ceilings by individual loan.
Prints customer statements, payment coupons, 1098 tax forms and processes payment transactions.
Automatically assesses late charges and processes payment reversals.
Supports collection activities with online displays, collection letters, notes/comments, printed reports and follow up reminders.
Stores complete loan account history from origination through payoff.
Calculates payoff worksheet with prepayment penalty options.
Credit Bureau Reporting in standard metro2 format.
ACH interface for automatic payment deposits to bank account.
Investor tracking features including statements, distribution checks and 1099 tax forms.
Loan Servicing Software Price: $2295
FAST EFFICIENT MANAGEMENT WITH LOAN SERVICING SOFTWARE