LoanHD Reviews & Product Details

I love the ease with which I can enter my loan details and get recommendations and suggestions on how to manage them. Their performance suite management works well for my requirements and I am able to lend off my property for more profit. This helps a lot because we lease our current houses to CMU professors and staff and LoanLogics helps us a lot in managing our quality and assuring that we are making profit. Review collected by and hosted on G2.com.

Their pricing is one of the thing which lets me down. It is too expensive and becomes hard for me allot a big chunk of my monthly limit on this. They should really work on that. Also, their interface looks archaic and they should update it as soon as possible to compete with other companies. Review collected by and hosted on G2.com.

Features of the software are great, and can work efficiently. Review collected by and hosted on G2.com.

Takes time to learn, and can be somewhat confusing format. Review collected by and hosted on G2.com.

The pricing interface is very clean; it's very easy for sales to quickly obtain quotes. The rate sheet history and guidelines are a great resource (though the guidelines are not always up to date). The Encompass360 integration is not perfect, but it's effective. Review collected by and hosted on G2.com.

The learning curve for administration is steep. Creating margins and adjustments and setting comp plans and par is spread over dozens of different screens, which allows for highly detailed settings; probably too highly detailed. It's easy to select the wrong option or make a mistake based on nebulous field titles and not realize until pricing is showing incorrectly. Constant testing and maintenance is required. There are also frequent rate upload issues and mistakes that need to be proven to customer support so they can be corrected, and there is no recourse for any losses the lender may incur as a result. Review collected by and hosted on G2.com.