MeridianLink Mortgage

RATING:

4.5

(15)

About MeridianLink Mortgage

MeridianLink Mortgage, formerly known as LendingQB, is a loan origination solution designed to help organizations streamline processes for mortgage lending. The platform comes with a rules-based engine, which enables users to automate various operations, including underwriting, product pricing, closing cost generation, and more. MeridianLink Mortgage facilitates real-time communication between lenders and borrowers and allows multiple users to access and edit loan files simultaneously. The solution offers a host of features such as credit report parsing, historical pricing, notifications, automated costing, application monitoring, POS vendors, and more. The TPO portal enables third-party originators to upload and create loan requests, run automated underwriting systems...

MeridianLink Mortgage Pricing

Contact MeridianLink for pricing details.

Starting price: 

$20,000.00 

Free trial: 

Not Available

Free version: 

Not Available

LendingQB Loan Apps
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MeridianLink Mortgage Reviews

Overall Rating

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4

Most Helpful Reviews for MeridianLink Mortgage

1 - 5 of 15 Reviews

Troy

Financial Services, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed August 2019

Fully Customizable Loan Origination System

LendingQB has enabled our company to run much more efficiently by pushing the file through the system with milestone and status updates. Departments can move through files much quicker, with the with assurance of accuracy due to workflow rules that we have in place.

PROS

The ability to fully customize processes, implement workflow rules, and fully integrate with most vendor systems is what I like most about LendingQB

CONS

Customer Support is often days or weeks to respond to building batch reports or trouble-shooting problems.

Reason for choosing MeridianLink Mortgage

The ability to integrate with vendors of our choosing, overall costs and size.

Reasons for switching to MeridianLink Mortgage

We made the switch from Calyx Point to LendingQb to move away from a flat-file directory system hosted on our own servers. LendingQB cloud-based database is much better for running reports and integrating with other systems/vendors.

Josh

Financial Services, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed August 2019

LendingQB Review

It has been a very good experience all the way from implementation until now. Very receptive to feedback and are willing to work with us on finding a solution to any problems we have. Constantly trying to make the product better.

PROS

Web-based, seamless integrations, amount of integrations, ease of use, excellent support staff, very little system downtime, asking for our feedback regularly and continuously improving of the system.

CONS

Reporting, workflows, conditions/tasks, notifications, and audit could all be better. More granular control over the permissions and accesses to certain pages and functions in the system. Standard consumer portal is very dated.

Reason for choosing MeridianLink Mortgage

Lean Lending approach and moving to a front-to-back solution rather than having a front-end and a back-end solution.

Reasons for switching to MeridianLink Mortgage

Our Encompass version was not being supported any longer so we took the opportunity to evaluate other options.

Belinda

Financial Services, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

2

FUNCTIONALITY

2

Reviewed August 2019

ClearEdge Lending

Satisfactory. There are some extremely talented people at the company!

PROS

We implemented in 45 days which is unheard of. There is a beauty in its simplicity, however it just doesn't have enough features for us to effectively manage our loans without developer intervention.

CONS

Lack of business rules that can control auto firing of field Rigidity in reporting Weak with compliance features Lack of ability to customize Too many screens Not enough control over settings (have to go to LQB for a lot of things we would like to be able to manage ourselves) Lack of developers with LQB experience out in the field

Reason for choosing MeridianLink Mortgage

Price, simplicity

Nicholas

Financial Services, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2019

LQB is ready for the Prime Time

LQB has enabled our sales staff to spend more time on the road being face to face with clients rather than being in the office to access or systems. My experience with LQB has been nothing short than stellar. The support staff is super friendly and always answers the phone in a good mood.

PROS

I like that it was a SaaS based service and completely hosted by them. Typically a SaaS based service that holds sensitive material is massive security hole. However, considering that LQB is a product of MeridianLink I can rest easy that our data is secure. Their integrations with vendors is top shelf and allows us to focus on bringing in more business rather than testing and implementing integrations. We used to be a report based company and now we are a queue based company. Being able to create custom Queues for our staff has almost eliminated our daily reports that we send out.

CONS

Because LQB is a SaaS based service we sometimes have to play within their walls. Most of the time its not a bad thing but there are times we have create a work around to complete the task we want. Not that big of a deal really.

Reason for choosing MeridianLink Mortgage

We didn't like the look and feel of Encompass and already using the PML engine for our pricing the setup was just that much easier.

Reasons for switching to MeridianLink Mortgage

We simply needed more technology.

Alicia

Financial Services, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed August 2019

LendingQB - 2 thumbs up!

LendingQB has allowed us to increase our efficiency through vendor integrations - from the POS to pricing engine to processing services to document generation. It has allowed us to maintain a remote workforce due to the ease of paperless workflow and productivity reports. Easy to train originators on.

PROS

Great, easy to use reporting, customer support reps are extremely responsive & helpful, support site is excellent, many features are customizable through workflow rules. Cloud-based so no need to download any software or connect to a server. Support also has a "feature suggestion" queue. LQB is consistently updating features to keep pace with agency and government product changes. Many integrations across the spectrum of vendor types.

CONS

Although users are restricted based on their individual or role permissions, there is no warning alert or lock-out feature if more than one user is in the file at the same time.

Reason for choosing MeridianLink Mortgage

Price, flexibility and ease of ability to set up and customize.