LoanAssistant 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

LoanAssistant

4.8

(13)

Pricing

Starting at $999.00 per year

About LoanAssistant

LoanAssistant is a loan servicing solution for QuickBooks that assists lending businesses across various segments including residential mortgages, education loans and installment sales with preparation and management of loans. It allows money lenders to manage credit lines and track and monitor transactions in real-time.

The application enables finance teams to conduct audit logs and calculate interest based on Actual/365, Actual/360 and 30/365 methods. Features of LoanAssistant include accounting, automated alerts, borrower management, collateral tracking and more. Additionally, it comes with a reporting module, which lets supervisors generate reports related to billing statements, escrow collection, portfolio summary and due payments.

LoanAssistant helps managers review transaction history and track investors’ certificates of deposits (CD). Pricing is available on an annual subscription and support is extended via phone, email and other online measures.

LoanAssistant Screenshots

LoanAssistant Pricing and Plans

Starting price: $999.00 per year

Free Trial

Free Version

Proffesional Package License

$999.00

flat rate, per year

Plan includes:

Adjustable Rate Loans
Amortized
Balloon and Interest Only Loans
Installment Sale and Escrow Collection.
Revolving and Non-Revolving Credit Lines
Single User With up to 2 Quickbooks® Company Integrations
Unlimited Number of Loans and Credit Lines

Premium Package License

$1,299.00

flat rate, per year

Plan includes:

1098 Reporting
Balloon and Interest Only Loans; Adjustable Rate Loans; Revolving and Non-Revolving Credit Lines; Installment Sale and Escrow Collection
Connection to Unlimited Number of Quickbooks® Companies
Customer Communications Module
Customized Documents
Investor Participation Module
Network/Multiuser for up to 3 Users
Unlimited Number of Loans and Credit Lines; Single User With up to 2(Two) Quickbooks® Company Integrations; Amortized

Premimum Accrual Package License

$1,500.00

flat rate, per year

Plan includes:

1098 Reporting
Accrual Accounting Module; Network/Multiuser for up to 5 Users.
Balloon and Interest Only Loans; Adjustable Rate Loans; Revolving and Non-Revolving Credit Lines; Installment Sale and Escrow Collection
Connection to Unlimited Number of Quickbooks® Companies
Customer Communications Module
Customized Documents
Investor Participation Module
Network/Multiuser for up to 3 Users
Unlimited Number of Loans and Credit Lines; Single User With up to 2(Two) Quickbooks® Company Integrations; Amortized

Stand-Alone Premium

$999.00

per year

No plan information available

LoanAssistant Features

Popular features found in Loan Servicing
Accounting
Amortization Schedule
Automatic Funds Distribution
Collateral Tracking
Compliance Management
Contact Management
Document Management
Loan Portfolio Management
Payment Collection
Reporting/Analytics
More features of LoanAssistant
Activity Tracking
Alerts/Notifications
API
Audit Trail
Auto Loans
Borrower Management
Business Loans
Client Database
Commercial Mortgages
Construction Loans
Customer Statements
Customizable Reports
Customizable Templates
Data Import/Export
Document Storage
Escrow Management
For Borrowers
Investor Management
Loan Management
Loan Processing
Loan Servicing
Mortgages
Multi-Company
Multi-Currency
Payment Tracking
Reporting & Statistics
Residential Mortgages
Student Loans
Third-Party Integrations
Transaction History
Visual Presentation

LoanAssistant Integrations

Microsoft Excel

Microsoft Outlook

Microsoft Word

LoanAssistant User Reviews

Overall Rating

4.8

Ratings Breakdown

77%

23%

Secondary Ratings

Ease of Use

4.8

Value for money

4.9

Customer support

4.8

Functionality

4.8

Have you used LoanAssistant and would like to share your experience with others?

nitish b.

Verified reviewer

Financial Services

1001-5000 employees

Used weekly for less than 12 months

Review source

Reviewed October 2018

Good software for managing loans

Overall it's great software to work on as it can reduce to laborious work of managing loans into the simple one.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Loan assistant is loan management software that our team recommend and suggest to our clients. Most important function of this software is it can organise large of loans that is very difficult for a manual job. It is simple in use and learn curve is simple. It can manage bills and amortization schedule easily and it works well with QuickBooks.

Cons:

It can be used only on windows platform which some may find it a disadvantage but most of the user don't bother about it. Customer support is imporving but still lacks in its service.

Kathleen W.

Verified reviewer

Banking

2-10 employees

Used daily for more than 2 years

Review source

Reviewed September 2020

Mortgage Loan Software integrated with Quickbooks

I've been very impressed with the entire process of Loan Assistant. We have been using this program for over 3 years. Our company has addressed issues, given ideas, and asked for help many times. The Loan Assistant team always responds promptly and with resolutions to our questions or concerns. When something doesn't work quite like we need it to they have always provided assistance and advice on whether we can make adjustments in the software to accommodate our needs. Outstanding Service!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Integrating with our existing accounting software (Quickbooks) is the most important aspect for us using this software. The ease and simplicity of the program is second and the affordably pricing is also important. The program offers customization to your specific needs if necessary. The superior customer service responsiveness is amazing. I've never waited long for any response and the staff is always pleasant.

Cons:

The only con would be that I have not used another loan servicing software program....so I cannot offer comparisons.

Reasons for choosing LoanAssistant

No other product would allow our specific loan terms and conditions which have been used for over 100 years to work with their product software. Loan Assistant was able to work with our specific needs and has been wonderful. Each year we are growing together and they have made significant improvements since the first program we implemented in 2017. We will continue to be a loyal customer.

Verified

Reviewer

Financial Services

10000+ employees

Used daily for less than 2 years

Review source

Reviewed August 2018

Flexible, Comfortable and affordable software in managing loans

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

LoanAssistant is a loan management software that my team and I suggest for some of our clients, especially those with loans due to business start-ups. It is a great beginner’s software. It calculates interests, manages billing and pay off statements and it is highly integrative with QuickBooks system. It also covers your mortgages, which is bothersome to most of our clients.

Cons:

The software is only applicable for Windows users which limit their possible clients. But for those who are Windows users, none so far have shared any complaints with this software and this helps our institution.

Emmanuel M.

Verified reviewer

Banking

Self-Employed

Used weekly for more than 2 years

Review source

Reviewed July 2021

A Great and Comfortable to use Software in managing loans

Much impressed with how the application works.. I have been using this app for years now and have recommended to many users and institutions.. Good work done... Cudos

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Loan assistant is a great a software to use in managing loans. This app has been recommended by myself to many users, banks and other financial institutions. We are able to integrate with quick books, calculate and manage interests on credit facilities and mortgages.

Cons:

Windows users only applicable.it would be of great usage to others as I am enjoying the app when other softwares are been instituted.. GREAT APP

Alex Z.

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed June 2018

Great software

reporting

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Great software for my business; saves my team a lot of time - amazing job integrating with QuickBooks! The software is very user friendly and intuitive; reporting is excellent. The support staff has been very helpful with issues not covered in the help file.

Cons:

Would be soo much better if they had 24x7 tech. support. Other than that, i cant think of anything else.

Maria M.

Verified reviewer

Automotive

201-500 employees

Used weekly for more than 2 years

Review source

Reviewed January 2020

Great software!

Very satisfied.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Loan Assistant is a great tool in tracking loan activity. It has definitely made my job easier posting payments and automating/updating the amortization schedules. Reporting in the system is also very easy and useful.

Cons:

Sometimes the system closes out on its own, but all in all the software is very useful. If there are any issues, our rep [SENSITIVE CONTENT HIDDEN] is very helpful and knowledgeable. Always ready to help quickly and efficiently.

Ira G.

Verified reviewer

Financial Services

2-10 employees

Used weekly for more than 2 years

Reviewed March 2020

Great Program!

Tracking loans and integrating with QuickBooks.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Integrates with QuickBooks and does a great job. Program is easy to use and maintain. Tracks various types of loans and has many features for a great price!

Cons:

No complaints. The program does what I need it to do. If I ever have a issue, it is quickly resolved.

GREGORY S.

Verified reviewer

Real Estate

2-10 employees

Used monthly for less than 2 years

Reviewed March 2020

A need to have fo a small business

The overall experience is excellent. User friendly and powerful software. The support is also great. The most important benefit is connection to Quickbooks Online, which I have not found anywhere else. It is a an excellent product for its price.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Loan Assistant is an easy to use application. I was able to integrate to my QuickBooks Online file within minutes. Very straightforward loan set up and payment posting processes. The reporting module is very flexible, especially the portfolio summary report, I have not seen such flexibility in any previously used applications. The billing invoices can distributed by email and/or even sms messages.

Cons:

Need to have a module to accept ACH payments. Although I was told that it will be released in 2020.

Reasons for switching to LoanAssistant

QuickBooks integration

Jo K.

Used unspecified for unspecified

Review source

Reviewed September 2014

Comfortable and functional product

I am a small business owner and financing is my side business to facilitate sales of my primary product. I have been having a very difficult time finding loan management software that is flexible enough to meet the requirements of my business at reasonable price. This application has done everything I needed it to and it was priced very competitively compared to other products with similar functionality. It feels amazing knowing that I can produce all my accounting reports for both my primary sales and my financing business using the same software.

Ratings Breakdown

Ease of use

Customer support

Terri M.

Used unspecified for unspecified

Review source

Reviewed October 2014

I absolutely love this product

I absolutely love this product. I was a bit skeptical at first because I didn't want to have to learn an entirely new application. When I read that it worked with QuickBooks I was thrilled because I was already using it for my accounting and there would not be any significant learning curve. The transfer of the existing data was not difficult. I am recommending this product to everyone who is looking for powerful loan amortization software working with QuickBooks.

Ratings Breakdown

Ease of use

Customer support

Showing 1 - 10 of 13 Reviews

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