LOANLEDGER 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

LOANLEDGER

3.2

(10)

Pricing

Starting at $4,000.00 one time

About LOANLEDGER

LOANLEDGER is a cloud-based loan servicing solution for enterprises of all sizes. It’s suitable for mortgage firms, financial firms, automobile lending banks, private lenders, governmental agencies, municipalities, venture capitalists, construction agencies and credit unions. Primary features include debt collection, accounting management, construction loan servicing, automatic fund distribution and reporting.

LOANLEDGER allows organizations to manage the loan servicing process from application to payoff. It also manages mortgages and rates, simple interest, commercial and construction loans and credit cards. Other features include audit trails, logs, detailed life-of-loan histories, multiple interest-calculation options, payoff scheduling and automatic tax return submission.

It offers integration with Calyx Software, eDominate, ScanOnce and more. Subscription pricing and perpetual licenses are available. Support is offered via phone, email, live chat and dedicated customer-support advisors.

LOANLEDGER Screenshots

LOANLEDGER Pricing and Plans

Starting price: $4,000.00 one time

Free Trial

Free Version

Basic

$4,000.00

per user, one time

No plan information available

LOANLEDGER 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 LOANLEDGER
API
Audit Trail
Auto Loans
Borrower Management
Client Database
Commercial Mortgages
Construction Loans
Credit Reporting
Customer Statements
Escrow Management
Government Loans
Investor Management
Lender Search
Loan Management
Loan Processing
Loan Servicing
Mortgages
Multi-Branch
Multi-Company
Payment Tracking
Property Tax Management
Residential Mortgages
Student Loans

LOANLEDGER User Reviews

Overall Rating

3.2

Ratings Breakdown

20%

30%

20%

10%

20%

Secondary Ratings

Ease of Use

3.3

Value for money

3.2

Customer support

3.5

Functionality

3.3

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

Chuck M.

Banking

11-50 employees

Used daily for more than 2 years

Review source

Reviewed July 2017

Easy to upload and support staff is fantastic! Conversions and data entry has been very smooth!

Low cost with big results. This program does everything we need to service multiple loan portfolios including a wide range of reports. This keeps our investors up to date each day. There are several "modules" available that can be integrated into the base program that would give even more flexibility however they are functions we don't need. It's great to know however, that if we need them in an expanded capacity we have access to them.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This is the second company I have run and purchased this program for. My reasoning is simple, it is designed for the small to mid size servicer and not a tremendous amount of training required. If you can read you can use this system. Also, it has given us the opportunity to handle several companies at once without a huge cash outlay. My staff have been very successful using virtually all of the functions enveloped within this program!

Cons:

The system is virtually identical to what I purchased 25 years ago and could use some updating in its' appearance. That said, it functions just fine!

Alicia M.

Verified reviewer

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed September 2020

Intricate program, has all that you need but extremely costly and takes extensive training

A head ache. If you have the time and money the program can make life somewhat easier. I think there are better programs out there like Rent Manager, Apfolio, and Buildium that are still costly but not as frequent. They also base pricing off of number or users and clients. My personal Cost Free way to organise properties and accept payments with no fee to landlords is Innago.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Has all the features you'd want for clients, investors, property details, link to investor portfolio, amortizations , letters, and tons more.

Cons:

The cost. Expensive to start. Must pay for frequent updates (very costly). Also this system does a lot of piggy-backing of other programs like quick books, Microsoft word, etc. In order from the programs to communicate properly you need to code generic letters and more. If you can't figure it out yourself you must pay for support. I also find myself still double imputing all information between QuickBooks and loan ledger because they don't communicate payments nad coupons or the importation of the data properly.

Reasons for choosing LOANLEDGER

I didn't choose this program, it was implemented by the person whom had my position prior to me. I've done extensive research to locate a different program that is more user friendly, less of an expense, and more user friendly.

sandra b.

Public Policy

201-500 employees

Used daily for more than 2 years

Review source

Reviewed November 2017

LOANLEDGER review

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Cost efficient. Since I have been using it for 9 years, it is easy for me to navigate. Prints satisfactory reports.

Cons:

customer support the fact that it is NOT cloud based and I have to do the annual uploads. We recently tried to move it off one server and on to another and we were left with NO customer support to do so. I was not able to access my database for over one week. It is scary,,,,, we are actively looking for another company to service our needs.

Kristi B.

Used daily for more than 2 years

Review source

Reviewed July 2017

I have had not issues with the software and find it very easy to use.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It is easy to use and somewhat user friendly. The software is easy to follow and has just the right features I need.

Cons:

I wish I was able to print more than report at a time to my screen. If I forget to close out of one report and try to print another report I get an error message and get kicked out of the software.

Chris W.

Used daily for more than 2 years

Review source

Reviewed December 2017

Loan Ledger is a great program. Customer Support is outstanding !

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to use and collect data. Saves a lot of time instead of doing a lot of this manually. easy to get annual interest on everyone

Cons:

I dislike having to re-do everything each year. i have a hard time getting this done. i usually have to have customer support walk me through t each year.

Jeff H.

Used daily for more than 2 years

Review source

Reviewed July 2017

Product is just OK. Very good customer service when I call with questions.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The program is not difficult to learn how to use. sssssssssssssssssssssssssssssssssssssssssssssssssss

Cons:

Payoff statements cannot be customized (to my knowledge). Program sometimes freezes after 1-2 hours of inactivity - have to shut down and log back in. Have never been able to get loans to automatically apply principal and interest payments correctly.

Lynn B.

Verified reviewer

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed July 2020

Terrible

Terrible customer service

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Cons:

No response from customer service or programmers

Reasons for choosing LOANLEDGER

sandra m.

Government Administration

201-500 employees

Used daily for more than 2 years

Review source

Reviewed July 2017

easy to use and great customer support from Martie Mullen,

ease of use on a daily basis

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

simplicity, easy-on-the-eye graphics help is just an email away,,,,, loan accounting features are intuitive

Cons:

reports can be a bit clumsy error messages are hard to decipher no warnings when you get an error, you are just booted off

Rob A.

Verified reviewer

Non-Profit Organization Management

11-50 employees

Used weekly for less than 12 months

Review source

Reviewed April 2020

Nonexistent Customer Service

See above - terrible customer service.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It functioned OK when it was working but is outdated.

Cons:

Absolutely terrible, nonexistent customer service. When trying to call for support it sounds like the company is working out of someone's house and no longer supports the software. We've been told there is one person in the entire company that can answer questions about loan ledger - and she seems to be in the office 2-3 days per week. Our software has been nonfunctional for the past 4 months and a resolution seems nowhere in sight.

Reasons for switching to LOANLEDGER

Customer service.

robinson s.

Used weekly for more than 2 years

Review source

Reviewed November 2017

program is fine, but the annual renewals are way too high.