Margill Loan Manager

Includes features to manage the initial stages of a loan lifecycle.

Allows for processing loan applications, including bulk importing via JSON files for efficiency.

Enables real-time, automated import of approved loans from external loan approval systems.

Functionality to generate and manage loan payment schedules.

Facilitates the generation and sending of loan documents with integrated e-signature capabilities.

Provides document management by allowing users to store loan-related documents within the software.

Offers a web-based online application form, customizable for each customer's needs (separate module).

Includes a web-based tool for online loan approvals (separate module).

Supports creating both basic and intricate payment schedules to accommodate varied loan terms.

Tracks different payment statuses and types for detailed loan servicing.

Follows a standard order for payment allocation (Fees > Interest > Principal) but can be customized.

Offers customizable payment sequencing upon request (e.g., Interest > Expected Principal > Fees > Principal).

Supports various payment types and combinations.

Manages loans with more than one disbursement of principal.

Accommodates both fixed and variable interest rates and allows for bulk rate adjustments.

Employs advanced math for interest calculations, including Compound, Simple Capitalized, and Simple interest.

Calculates Annual Percentage Rate for loans.

Supports different day count conventions for interest calculation.

Allows users to tailor various aspects of the software.

Provides extensive customization with unlimited fields and menus to capture specific data.

Enables users to define and customize loan types to match their specific business offerings.

Offers over 100 transaction types that can be defined and customized (e.g., payment, fees).

Customizes the user interface by allowing control over which data fields are visible.

Manages loan-related fees and escrow accounts.

Supports a variety of different types of fees.

Allows for setting up automated fee application.

Manages escrow accounts for taxes and insurance.

Integrates with web-based tools and portals.

Offers web modules for application and approval processes.

Provides online portals for both borrowers and investors to access loan information.

Supports importing large volumes of data including borrowers, loans, and prospects.

Automates loan data import via JSON or Excel files.

Offers flexible and customizable reporting features.

Allows users to create custom reports with a wide selection of data fields.

Integrates with accounting software and data formats for financial reporting.

Provides tools for generating financial forecasts and projections.

Automates document generation and distribution for communication.

Generates statements specifically for investors.

Schedules report generation and automated email distribution.

Extensive automation to streamline processes.

Supports EFT processing for payments in USA, Canada, and Europe (various formats and processors).

Automates the process of generating reports.

Sends automated alerts via email or SMS to borrowers.

Sends alerts to system users via different channels.

Automatically adjusts amortization schedules when interest rates fluctuate.

Automates fee application based on predefined rules.

Offers API for real-time data exchange and integration.

Provides integration with Salesforce CRM through API.

Supports electronic debit processing in USA and Canada.

Enables electronic credit transfers to borrowers (VoPay).

Recalculates payments for various payment types automatically (interest-only, etc.).

Offers both on-premise and cloud-based licensing options.

Integrates with Xodo Sign for electronic document signing.

Provides different user access levels and permission controls.

Enhances security with multi-factor authentication.

Manages loans involving multiple creditors or participants.

Supports handling loans in multiple currencies.

Integrates with Metro 2 for credit reporting.

Allows users to attach or scan and store documents.

Provides a customizable dashboard with widgets for key information visualization.

Enables making changes or updates to the database in bulk.

Allows adding notes with timestamps for audit trails and communication tracking.

Maintains activity logs for tracking system usage and changes.

Offers a comprehensive search engine for the entire database.