LendingPad
About LendingPad
LendingPad Pricing
Brokers: starting at $50/user/month Lenders/banks/credit unions: billed per closed loan Institutions: contact LendingPad for more information on custom pricing plans
Starting price:
$50.00 per month
Free trial:
Not Available
Free version:
Not Available
Most Helpful Reviews for LendingPad
1 - 5 of 134 Reviews
Amir
Real Estate, 2 - 10 employees
Used unspecified
OVERALL RATING:
5
Reviewed March 2024
LendingPad Review: The Ultimate Cloud Solution for Mortgages
John
Financial Services, 2-10 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 June 2021
My experience with Lending Pad
I am very pleased I made the move a couple years ago!
PROSLending Pad is very easy to use and manage compared to my prior LOS by Ellie Mae used for too many years. Integration to Lending Pad was not a difficult process. I create custom forms to be efficient and was able to also do this when I transferred to Lending Pad. Also. being able for more than one person to work on a loan file in the office or remotely was a big plus for me!
CONSAn LOS is an evolving program. I do not have complaints and make suggestions as needed.
Reason for choosing LendingPad
I started with The Loan Handler in 1997 that became Elie Mae. After many years, I was more than ready to make a change to my LOS. I considered the Byte product introduced to me at NAMB Vegas, and by "chance" met Wes from Lending Pad at the NAMB booth. Wes gave me a brief demonstration on the spot and was impressed by the easy of use, simplicity, and lower cost. It's been two years and I never looked back!
Reasons for switching to LendingPad
I did not trust my prior LOS, especially in regards to determining cash needed to close. Ellie Mae was too big for a small company like mine. Customer service was difficult and the software was expensive for what I received.
Melinda
Real Estate, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2024
Ease of use
Easy to make the switch, user friendly. Especially love the live chat!
CONSAbility to add/select a new AE/rep from wholesale lender.
Aaron
Banking, 1,001-5,000 employees
Used daily for less than 12 months
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed February 2024
coming up short on some key elements
quick to learn but has some limitations for the reporting
CONSdocument management and contact management
Reasons for switching to LendingPad
changed companies and the companies dictates thew LOS system
Sarah
Financial Services, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
1
EASE OF USE
1
VALUE FOR MONEY
1
CUSTOMER SUPPORT
1
FUNCTIONALITY
1
Reviewed July 2023
They charge for setup but there is no setup or support and no refunds!
After paying $500 for setup I didn't receive any setup help, there was a terrible onboarding call from a very rude rep and when I tried setting up system by myself I realized so many option items were missing which were promised. I asked them to cancel my service and issue a refund and they closed my account and refused to issue any refund after charging less then a week ago for $592.00 now I have opened a credit card dispute to get my money back but I want anyone deciding not to go with them they are running a scam and you will end up paying for 2 systems!!!
PROSThere is nothing to like about them, their customer service is non-existing, they do not offer trial and once you sing-up you find out there are too many components you were promised and are not provided to you, you try setting up system even though they charge $500 for setup and none of their promise is fulfilled, and they close your account after a week and refuse to issue a refund back... SCAMMER!!!
CONSThey have terrible software and no support or setup which they charge you $500 for, liers!!