About Bryt


Bryt Loan Management Software is a cloud-based solution designed to aid lending professionals in loan origination, loan servicing, document creation, storage, trust accounting, payment processing and more. Having a centralized dashboard, it caters to different types of loans such as non-revolving, term and commitment.

Hosted on Microsoft Azure cloud, Bryt helps users automate tasks, manage loan documents, procedures, custom fee structures, client notifications, automated clearing house (ACH) payments, client communication, documents sharing and more. Additionally, it allows lenders to approve loans, create pipelines and setup custom repayment schedules.

Providing real-time web reporting to both borrowers and lenders/investors, Bryt helps track activities and manage compliance. The platform is available on a monthly subscription and support is extended via phone, email and an online help desk.



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Supported Operating System(s):

Web browser (OS agnostic)

7 Reviews of Bryt

Average User Ratings

Overall

4.71 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

5.0

Functionality

4.5

Ratings Snapshot

5 stars

(5)

4 stars

(2)

3 stars

(0)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-7 of 7 reviews

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November 2018

Kali from GIL LSH Investments, LLC

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

4.0

Customer support

5.0

Functionality

3.0

November 2018

Great software with a few places to improve.

Overall this software is great! After a little bit of a learning curve (maybe just me), and some help from the team, you'll be up and running and having no issues in no time. Thanks to Rep and the entire Bryt software team!

Pros

I love the automated features (sending notices, invoices and receipts for payment). There are several great things about this system that are very useful.

Cons

1.) Report writer needs work. With this being said, however, whenever I have a problem, customer support ALWAYS is there to help and create the report, or if they can't create the exact report that I need, they come up with a solution that works!
2.) No help section - if it is after hours or a different time zone, there is no one to offer support or any help whatsoever. Again, this is only when work is being done outside of the normal office hours for Bryt customer service.
3.) Takes some getting used to. Although I am new the mortgage software field. I have done property management for over 15 years, and then we switched to mortgages. So that may be my fault.
4.) No direct mortgage holder option. If you are not the "Servicing Company" of the loans, set up is a bit tricky and takes some getting used to. In my case, I have 1 individual who has mortgages under 4 different companies. This get's complicated when writing reports, letters, or notices, that are mortgage holder specific, but as always, rep and the team have always figured out a way (sometimes even changing the way the software is written) for me to get the information I need. :)

July 2018

Marsha from LTV Private Equity, Inc.

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2018

This software makes the Loan Servicing process very easy and timeless.

I've been using this software for about 2 years and all of its features have allowed me to cut Loan Servicing and Document Processing portion of my job time in half. Actually more then half.

Pros

I Love the Loan Document Feature. Makes processing Loan Documents very simple and quick. I also love the automated notices that are sent from the software. Customer Support is always available to answer any questions relating to any section of the software.

Cons

Still have a few questions on Mandatory reports for specific filings. For Example BRE required reports.

July 2018

Mitchell from Private Mortgage Financing Partners

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2018

This is best value for any software I have ever purchased.

Intuitive, easy to use, does what I need and keeps me in control.

Pros

It does everything I need to manage my loan portfolio and I am in control. I now spend less time than I did when we had a 3rd party servicer because I no longer have to correct their mistakes.

Cons

The conversion was the hardest part but there is nothing that can be done about that. The customer support has been very responsive to our needs. Every time I find something that could be improved, I call customer support and they fix it.

July 2018

Tim from LTV Private Equity, Inc.

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2018

Ease of use is amazing and the price is unbeatable

very cost effective, efficient, friendly software that is cloud based, accessible from anywhere

Pros

User friendly, customer support is always available, covers all lending aspects plus more than I can even use

July 2018

Veronica from DFW HARD MONEY

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2018

Bryt makes my job easier.

It saves time

Pros

What I like the most about Bryt, is that it is user-friendly. Everything is clean and straight forward. It didn't take long to learn how to navigate.

Cons

The only complaint I have is that it doesn't work as well on Safari. I use Safari as my main browser so when I use Bryt I have to change to google chrome. It's not a big deal.

July 2018

Ken from High Line Holdings LLC

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2018

This platform satisfies all our company needs.

I can manage multiple investment vehicles from this platform and all functions are consolidated in an easy to use location.

Pros

Everything is consolidated in one application. And they customized the application to fit my needs.

Cons

The leaning curve. But that is overcome with time and a great support staff. They take as much time as necessary to teach you how to use the application.

July 2018

Laurie from Real Estate

Review Source: Capterra


Ease-of-use

4.0

Value for money

3.0

Customer support

5.0

Functionality

3.0

July 2018

Great customer service; still need added features in software

NACHA, payment reminders, multiple tenants

Pros

It is very user friendly; customer service is awesome and very responsive, ease of setting up loans and posting payments via NACHA.

Cons

not enough functionality, ex. report writer, customer over payments when closing a loan, can delete pay periods but not add them