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/inves...


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Supported Operating System(s):

Web browser (OS agnostic)

13 Reviews of Bryt

Average User Ratings

Overall

4.85 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

5.0

Functionality

4.5

Ratings Snapshot

5 stars

(11)

11

4 stars

(2)

2

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 13 results

June 2021

Ron from Carstensz Capital Partners, LLC

Company Size: 2-10 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

June 2021

Bryt Review

It has been a great experience. The system was very easy to implement and the customer service has been terrific. I have recommended others to use the system as well and will continue to do so.

Pros

The loan pipeline dashboard is probably one of my favorite features within the product. Our management team holds a weekly call to discuss the origination pipeline and the dashboard makes it extremely easy to not only discuss the individual loans but also see what stage/process the loan is currently sitting as well as seeing the financial aspects (loan amount, closing date, funding amount, etc.).

Cons

I would like to see an expanded borrower pipeline similar to the loan pipeline dashboard that could track the stage of the borrower's application (i.e. missing docs, status of credit check, status of background check, etc.) as they progress through underwriting ultimately to an approval or denial.

Reasons for Choosing Bryt

Ease of use and ability to customize.

August 2021

Nathan from Clackamas Soil & Water Conservation District

Company Size: 11-50 employees

Industry: Government Administration

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2021

Bryt software saved the day!

My experience has been great! There was no pressure from a sales team, the development folks were willing to tweak and customize the software for our needs and everything is running smooth! Most importantly, I feel like my questions and concerns were heard timely and solutions rendered in real time....I feel like the team at Bryt is an extension of my team...

Pros

I appreciate the ease of use, it is intuitive and has all the essential functions our firm needs. We do not offer traditional loans, we issue project specific loans, a little out of the ordinary and Bryt's solution was able to adapt. The implementation and onboarding team were and are a great resource and I feel like I can reach out any time and receive a response within a day. We don't use many of the features, such as late payment calcs, loan origination, or qualification segments, so I cannot comment about more complex loan scenarios.

Cons

One issue is some of menus are buried and there is no active grid view where I can just enter manual payments for borrowers on one screen. Automatic payments will negate this need.

Reasons for Choosing Bryt

We chose Bryt over the other solutions due to cost and complexity. The other systems were too complex for our needs, and not intuitive for users. Simple is better and not always easier to develop, and I felt Bryt's solution met our needs whilst being easy to use and fully functioned.

November 2018

Kali from GIL LSH Investments, LLC

Company Size: 2-10 employees

Industry: Real Estate

Time Used: Less than 2 years

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. :)

November 2021

Jennifer from Cypress Rental Management

Company Size: 2-10 employees

Industry: Real Estate

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

November 2021

Excellent Customer Service

Pros

The customer support was superb. Before I committed to the product, the team answered all of my questions. After I made the decision to purchase, the set up was quick, and I was able to go live with the product within 2-3 weeks without any issues. The few times I needed additional help with the product, the team got back with me immediately and were extremely helpful. I truly have enjoyed the customer service. It made for a flawless and stress free transition.

Cons

I would like to be able to print out invoices, schedules, etc. Currently, you can print them using the generic screen print option, but it's not an option built into the software. The software is paperless, which has its advantages. Notices, payments, schedules, etc are emailed automatically to clients.

September 2021

Mike from Klinkloans Fund

Company Size: 2-10 employees

Industry: Real Estate

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

September 2021

BRYT's software and team have been valuable to our company to help us scale efficiently!

We have used BRYT for almost 2 years now. BRYT has been extremely valuable for our company. It has been an essential piece that has helped us be more efficient and scale our operation, while also delivering great value to our customers. The team at BRYT has been excellent to work with. They are helpful, easy to work with, and very responsive. They are happy to talk with us if we encounter any obstacles, have questions, and have worked with us continuously to customize their product so it fits what best serves our customers. BRYT continues to make great changes and we know there are even greater things ahead - we highly recommend the BRYT platform and the team behind it!

Pros

Loan servicing and reporting Creating disbursements to investors ACH/Nacha works wonderfully! Payment reminders and statements are great The staff is awesome and very helpful!

Cons

Would love to see: - e-signature integrated - More security features / upgraded - More loan application/origination features (Some of these items I know they are currently working on!)