The Nortridge Loan System
About The Nortridge Loan System
The Nortridge Loan System Pricing
Our plans start at $1,000 per user. This includes credit bureau reporting, ACH processing, address verification, and many other features at no extra charge.
Starting price:
$1,000.00 per month
Free trial:
Available
Free version:
Not Available
Most Helpful Reviews for The Nortridge Loan System
1 - 5 of 80 Reviews
Paul
Financial Services, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
FUNCTIONALITY
4
Reviewed May 2020
Very Good Loan Servicing Software
Good experience overall. Anyone looking to lighten their load and automate things where loan processing is concerned should try implementing this software.
PROSAs a Financial Service company, we also process loans for clients. This is a very good loan servicing software that helps you to keep track of loans in the pipeline, email or text customers with updates or questions, generate documents, etc. It's an all-in-one system that replaces having to manually do each aspect of loan processing.
CONSThis is a robust system. Long ago doing mortgages, used to use a software called Point, and this is far more updated and sophisticated.
gary
Consumer Services, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2020
Great Software
A lot of time and cost saving factors such as send statements through the document queue to the print shop.
PROSThis platform is very flexible, we have over 50 different loan programs all of which we have been able to implement quickly and easily from origination to servicing.
CONSThere are a few features on the servicing side which we would have preferred to have had sooner rather than later but NLS has been cooperative in getting these released in recent updates.
Reason for choosing The Nortridge Loan System
We reviewed many platforms and found NLS to be the best value.
Reasons for switching to The Nortridge Loan System
Was not as user friendly as NLS.
Tonja
Financial Services, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
3
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed March 2020
Nortridge Loan System Review from Consumer Finance Organization
The system is highly customizable and easy to use. The NLS development and support teams are very responsive and willing to work with your business needs.
CONSThe system is highly customizable. Many basic features that I feel should be part of a financial servicing system must be customized in NLS or performed outside of the system. NLS has recently incorporated in later releases but we have not been able to halt our customized processes and implement the new functionality. Reporting is not great. Most of our reports have been written to run outside of NLS with custom scripting.
Reason for choosing The Nortridge Loan System
Ability to customize to our business needs and have daily accrual and amortization processing.
Reasons for switching to The Nortridge Loan System
Product was being fazed out and did not offer as much flexibility or customization.
Marianne
Consumer Services, 501-1,000 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed March 2020
Nortridge Loan System
Overall the partner relationship is a good one with Nortridge being very attentive to our needs.
PROSIt is very customizable and you can pretty much do anything you need to do. Some more complicated than others depending on the requirements on your business.
CONSThe upgrades are sometimes very cumbersome, requiring a lot of testing. Sometimes because of the size of our data, we have problems with things like schema changes.
Cor.
Financial Services, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2020
Nortridge for Loan Servicing
We have been long time users of the software, as buyers of existing loans we have a diverse portfolio of accounts. These accounts have many different setups. The NLS system has never been unable to handle the setup on a loan. It is also great that we can customize the software to fit our specific needs.
CONSI can not think of any cons at this time.
Reasons for switching to The Nortridge Loan System
Better features and functionality.