LendFoundry Loan Servicing System

What it does

Accounting

It automates interest calculations and amortization schedules for fixed, variable, and custom loan structures.checked 9 Oct 2001

Availability

LendFoundry claims 99.99% uptime for its cloud-native infrastructure.checked 9 Oct 2001

Borrower portal

Borrowers can access account details, statements, payment schedules, and repayment options online.checked 9 Oct 2001

Collections

Lenders can configure delinquency tracking, late fees, reminders, and collection workflows.checked 9 Oct 2001

Implementation

The page says setup can take as little as 4–6 weeks with guidance from its team.checked 9 Oct 2001

Integrations

The page says the system integrates with 90+ third-party providers and names Equifax, Experian, TransUnion, LexisNexis, IDology, DocuSign, HelloSign, Twilio, SendGrid, and QuickBooks.checked 9 Oct 2001

Payments

It supports ACH, debit and credit cards, recurring or one-time payments, flexible installments, and real-time reconciliation.checked 9 Oct 2001

Pricing

The maker describes pricing as configuration-based and dependent on each lender’s requirements.checked 9 Oct 2001

Purpose

The cloud-based system automates post-origination loan management, payments, collections, and compliance.checked 9 Oct 2001

Security and compliance

The page lists SOC 1 and 2, ISO 27001, and ISO 9001 certifications, plus role-based access controls, encryption, audit trails, and regulatory reporting.checked 9 Oct 2001

Who it serves

The system is presented for consumer, commercial and small-business, home-improvement, hard-money and real-estate, and medical and healthcare lending.checked 9 Oct 2001