Loan Management Systems

Many lenders opt to service––or manage the administrative process of––their own loans, as this allows for increased profits and greater control over regulatory compliance. Loan servicing software automates and manages the loan lifecycle from origination all the way to report. The software minimizes error and effort when tracking and reconciling loans across enterprises and stockholders. The software internally controls service loans which better controls compliance and regulatory factors, as well as manages customer service levels, costs, and operations. Loan servicing software is designed to help lenders increase revenue, simplify portfolio management, improve customer satisfaction, and reduce operating expenses. Because loan servicing software improves efficiency in workflow, it should integrate with existing CRM tools.

Pavise creates custom software solutions for loan servicers challenged by increasing costs and a changing regulatory environment or new services entering the market looking for a system within their budget. Supporting the entire servicing lifecycle, a Pavise system can scale from a few thousand to over 6-million loans effortlessly.

By providing servicing capabilities for a wide range of loan types including mortgage, home equity lines of credit, revolving lines of credit, consumer, and timeshares, servicers can move all or one of their products to the platform. Through configurations and settings, a servicer can increase productivity, manage higher loan volumes with existing staff, and handle many different types of products.