Hard Money Loan Servicing Software
Flexibility, reliability, and ease-of-use are requirements for your hard money loan servicing solution. The question is whether your software provider understands how to meet those requirements. With more than 25 years supporting hard money lenders of every type, you can be confident LA Pro will meet your needs.
LA Pro supports lenders with every size of portfolio and every type of loan. Automating your process will save you time and money, allowing you to focus on your business. We support the entire loan servicing process, from processing payments and transactions to reporting and compliance. Using our asset based loan servicing software will enable you to manage any collateral property and unsecured loans.
With LA Pro’s loan servicing software you won’t be limited by the type of loans you manage or how you configure them. You will have the ability to offer flexible payment options and loan terms, including fixed, adjustable (ARM), home equity line of credit (HELOC) and graduated payment mortgages. Past due amounts can be capitalized or accrue interest at a specified rate. The software also enables pooled, participation, and fractional hard money loans. Users have the ability to configure manual or automatic default penalty rates on past due loans with accruing and fixed fee options.
Reports Specific to Hard Money Loan Servicing
LA Pro includes the specific reports needed for hard money loan servicing: borrower billing statement, loan report with detailed tracking, and all tax statements. The included management reports show history of disbursements, billings, and payments. Also included are more than 100 standard reports. Our ad-hoc reporting capabilities allow you to create any additional reports you need to run your business successfully. And when you need assistance, our dedicated support team is available to assist you with custom reporting or any other questions you have about your development loan servicing system.
Proven, Cost Effective Hard Money Loan Accounting System
Our expert staff at LA Pro will help you configure your loan servicing software based on your unique requirements, so you are not locked in to conducting your business a certain way. Learn about our industry-leading standard servicing features or watch our online tour of our loan servicing software today.