LoanAssistant is a loan servicing software add-on for QuickBooks. The software offers tracking and reporting tools for users to keep track of multiple loans and credit lines simultaneously.
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Nortridge Loan System
Score 8.2 out of 10
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The Nortridge Loan System is a loan servicing platform from Nortridge Software in Lake Forest, California.
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Pricing
LoanAssistant
Nortridge Loan System
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
LoanAssistant
Nortridge Loan System
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Pricing starts at $999 and goes up to $1,500 per year with the top premium package. The Professional package allows only one user, while the Premium and Premium Accrual packages allow for 3 and 5 users, respectively.
We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business …
Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.
We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business from servers to segregated networks, and backups to ensure availability. With Northridge Loan Systems being able to be implemented in the cloud, we can ensure higher availability to our loan servicing teams and increased insurance that data will be safe with the DR procedures surrounded in the cloud.