Margill Loan Manager

Additional features

1. Loan Origination Components

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

2. Accept/Reject Applications (Bulk Import)

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

3. Automatic Loan Import from Approval Tools

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

4. Create Payment Schedules

Functionality to generate and manage loan payment schedules.

5. Create/Send Loan Documents with e-Signature

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

6. Store Documents in System

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

7. Web Application Form (Customizable)

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

8. Web Loan Approval Tool (Online)

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

9. Payment/Amortization Schedules (Simple & Complex)

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

10. Paid, Unpaid, Partial, Late, Extra, Lump Sum Payments Tracking

Tracks different payment statuses and types for detailed loan servicing.

11. Regular Payment Order/Sequence

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

12. Special Payment Method (Customizable)

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

13. Interest Only, Principal Only, P&I Payments, Mix

Supports various payment types and combinations.

14. Multiple Principal Advances

Manages loans with more than one disbursement of principal.

15. Fixed or Variable Interest Rates (and Mass Rate Change)

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

16. Sophisticated Math (Interest Calculation)

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

17. APR Calculation

Calculates Annual Percentage Rate for loans.

18. Multiple Day Counts

Supports different day count conventions for interest calculation.

19. User-defined Customization

Allows users to tailor various aspects of the software.

20. Unlimited Custom Fields and Menus

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

21. Personalized “Loan” Types

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

22. Transaction Types (Customizable)

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

23. User Defines Data Display/Hidden

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

24. Fees/Escrow Management

Manages loan-related fees and escrow accounts.

25. Multiple Fee Types

Supports a variety of different types of fees.

26. Automatic Fees

Allows for setting up automated fee application.

27. Escrow (Tax and Insurance)

Manages escrow accounts for taxes and insurance.

28. Web Interaction Features

Integrates with web-based tools and portals.

29. Web Application Form/Web Loan Approval Tool (as modules)

Offers web modules for application and approval processes.

30. Web Portal for Borrowers/Investors

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

31. Mass Import (Borrowers, Loans, Leads)

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

32. Automatic Loan Import (JSON/Excel)

Automates loan data import via JSON or Excel files.

33. Reporting (Customizable)

Offers flexible and customizable reporting features.

34. User-defined Custom Reports (1000+ fields)

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

35. Export to General Ledger (QuickBooks, Sage, Excel, CSV)

Integrates with accounting software and data formats for financial reporting.

36. Financial Projections

Provides tools for generating financial forecasts and projections.

37. Produce and Email Invoices, Statements, Letters, Contracts

Automates document generation and distribution for communication.

38. Investor Statements

Generates statements specifically for investors.

39. Automatic Reports (Scheduled & Email)

Schedules report generation and automated email distribution.

40. Automation Features

Extensive automation to streamline processes.

41. Electronic Funds Transfers (EFT)

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

42. Automatic Reports Generation

Automates the process of generating reports.

43. Email/SMS Alerts to Borrowers

Sends automated alerts via email or SMS to borrowers.

44. Alerts to Users (System, Email, SMS)

Sends alerts to system users via different channels.

45. Amortization Updates on Interest Rate Changes

Automatically adjusts amortization schedules when interest rates fluctuate.

46. Fees Based on Rules

Automates fee application based on predefined rules.

47. API (Loan/Borrower Creation & Update)

Offers API for real-time data exchange and integration.

48. Salesforce Integration (API)

Provides integration with Salesforce CRM through API.

49. Electronic Debits (NACHA, Perceptech, VoPay)

Supports electronic debit processing in USA and Canada.

50. E-Transfers (Credit to Borrower)

Enables electronic credit transfers to borrowers (VoPay).

51. Automatically Recompute Payments

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

52. Licensing (On-premise & Cloud)

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

53. Electronic Signature (Xodo Sign Integration)

Integrates with Xodo Sign for electronic document signing.

54. User Levels and Permissions

Provides different user access levels and permission controls.

55. Multi-factor Authentication (MFA)

Enhances security with multi-factor authentication.

56. Multi-creditor/Participation Loans

Manages loans involving multiple creditors or participants.

57. Multi-currency Support

Supports handling loans in multiple currencies.

58. Credit Reporting (Metro 2)

Integrates with Metro 2 for credit reporting.

59. Attach/Scan Documents

Allows users to attach or scan and store documents.

60. Dashboard using Widgets

Provides a customizable dashboard with widgets for key information visualization.

61. Bulk Database Changes/Updates

Enables making changes or updates to the database in bulk.

62. Time-stamped Notes

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

63. Multiple Activity Logs

Maintains activity logs for tracking system usage and changes.

64. Full Database Search Engine

Offers a comprehensive search engine for the entire database.