Calyx Point vs. Square 1 Credit Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Calyx Point
Score 6.1 out of 10
N/A
Calyx Software offers Point for mortgage officers, software supporting the loan lifecycle from prequalification to processing.N/A
Square 1 Credit Suite
Score 0.0 out of 10
Small Businesses (1-50 employees)
Suntell's commercial loan management software streamlines and enhances the loan management process for financial institutions, enabling lenders to better handle commercial loan origination, servicing, and portfolio management. The software's loan origination module simplifies the application process, allowing lenders to capture and evaluate borrower information, assess risk, and generate loan documents. It facilitates collaboration among team members, automates…N/A
Pricing
Calyx PointSquare 1 Credit Suite
Editions & Modules
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Offerings
Pricing Offerings
Calyx PointSquare 1 Credit Suite
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$4,500 one-time fee per installation
Additional DetailsPricing is based upon the C & I Portfolio size of the institution. Enterprise-level subscription pricing covers all seats and unlimited data usage.
More Pricing Information
Community Pulse
Calyx PointSquare 1 Credit Suite
Considered Both Products
Calyx Point
Chose Calyx Point
There are several other products available that we will consider when we are able to upgrade from Calyx.
Square 1 Credit Suite

No answer on this topic

User Ratings
Calyx PointSquare 1 Credit Suite
Likelihood to Recommend
2.5
(0 ratings)
-
(0 ratings)
User Testimonials
Calyx PointSquare 1 Credit Suite
Likelihood to Recommend
I don’t have any. I’m forced to use this product by my broker.
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Pros
  • I can’t say
  • I don’t have any examples
  • The suite is a constant thorn in my side
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Cons
  • There is lots of room for improvement as there have been many bugs in the implementation of the new format. Responsiveness to customer needs was inexcusably slow for a change that was years in the planning.
  • Many of the calculations seem inconsistent on Fees Worksheet and other pages, including differences in how the information appears when printed vs onscreen.
  • The menus are not intuitive and could be much better.
  • The user interface is archaic.
  • Field links do not work correctly and take a long time to be corrected.
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Alternatives Considered
There are several other products available that we will consider when we are able to upgrade from Calyx.
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Return on Investment
  • The program meets the bare minimum for originating loans but when it breaks, the impact is significant. Even a small break in generating a report with inaccurate numbers can cause loss of confidence in our business and loss of a deal.
  • The downtime caused by the extremely poor implementation of the new URLA was costly and unnecessarily painful. The company did not adequately prepare for this. Some glitches were inevitable but they had [few] resources available to address the issues they knew were coming.
  • Customer service from the company by phone takes hours and is often a wasted effort. Wasting their customer's time is costly to their businesses.
  • If I were starting a mortgage company or selecting a new LOS, I would not select Calyx.
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ScreenShots