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97% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Floify logo
Loan Origination Software

4.8 130 user ratings

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94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

LendingPad logo
Loan Origination Software

4.6 195 user ratings

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Overview

Description Floify is futuristic mortgage automation and POS software that helps mortgage companies to save their time by automating redundant tasks. The software’s POS portal offers a web-based access facility to individual borrowers, enabling them to apply for loans, upload necessary documents, eSign disclosures and monitor the status of applied loans. Floify is also packed with a variety of customizable and automated communication solutions that help referring agents, borrowers, and other stakeholders to get access to appropriate information as per convenience. The software’s Digital 1003 feature helps with submission rate enhancements and data integration procedures, offering access to the best-in-class loan application experience to individual borrowers. Floify also enables users to maintain loan file integrity and boost operational efficiency by integrating with a variety of external solutions, that cater to the need for document verification, eSignature generation, and CRM tasks. Moreover, the software also allows users to promote their brand and co-brand name by adding a company logo, custom CSS, and javascript along with a color scheme of their own. Read more LendingPad is a cloud-based loan origination software that offers a complete platform for loan origination solutions for institutions, mortgage brokers, banks, service providers, and lenders. It is specially designed to streamline the lending process, minimize mortgage lending costs, and strengthen communication. This innovatively built platform is fully secured and potently optimizes the complex loan origination process designed by mortgage banking professionals. Moreover, this software allows the user's to originate loans from anywhere with a proper internet connection. Users can incorporate with third-party data providers to manage and connect with leads promptly. This tool can gather data from retail branches, consumer online portals, call centers, and in-house loan officers. The Lender edition comprises functionalities that offer secondary, closing, underwriting post-closing, and funding. Furthermore, to enhance the connectivity and operating efficiency, a range of customization features are offered for Institutions to scale the business to the next level. With processing centers, users can equip contract processing teams to cater to more clients with extensive volumes. LendingPad follows a quotation-based and subscription-based pricing strategy that includes institution edition and broker edition. Read more
Pricing Options
  • Free Trial Available
  • Starts at $49.00. Offers Custom plan.
  • Free Trial Not Available
  • Starts at $55.0. Offers Custom plan.
SW Score & Breakdown

97% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    89%
  • Reviews
    93%
  • Momentum
    67%
  • Popularity
    85%

94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    93%
  • Reviews
    91%
  • Momentum
    64%
  • Popularity
    81%

Features

Total Features
6 Features
7 Features
Common Features for All
    Audit Trail A record of changes made in chronological order of a user or activity
    Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting
    Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required
    Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed
    Document Management Ability to store and manage various information and documents in electronic format.
    Mobile Access Allows accessing the software and product/service related information from a mobile device
    Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization
    e-Signature Electronic Signatures help users to sign their digital documents remotely
  • + 3 More - Show Less
    • Audit Trail A record of changes made in chronological order of a user or activity
      Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting
      Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required
      Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed
      Document Management Ability to store and manage various information and documents in electronic format.
      Mobile Access Allows accessing the software and product/service related information from a mobile device
      Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization
      e-Signature Electronic Signatures help users to sign their digital documents remotely
  • + 4 More - Show Less
  • Technical Details

    Organization Types Supported
    • Large Enterprises
    • Medium Business
    • Small Business
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    Modes of Support
    • Business Hours
    • Online
    • Business Hours
    • Online
    API Support
    • NA
    • Available

    Reviews & Ratings

    User Rating
    4.8/5 130 user ratings
    4.6/5 195 user ratings
    Rating Distribution
    • Excellent

      86.2%
    • Very Good

      13.1%
    • Average

      0%
    • Poor

      0%
    • Terrible

      0.8%
    • Excellent

      73.3%
    • Very Good

      20%
    • Average

      3.6%
    • Poor

      1.5%
    • Terrible

      1.5%
    User Sentiments

      Ease of Use, Automated Document Collection, Secure Document Upload, Extensive Integrations

      Mobile App Functionality, Customization Limitations, Milestone Updates, Email Automation

      User-Friendly Interface, Efficient Customer Support, Comprehensive Loan Origination System, Seamless Integrations

      Occasional System Slowness, Limited Loan Program Options, Occasional Glitches/Errors, Lack of Cumulative Amortization Schedule

    Review Summary

    Overall, users praise Floify's user-friendly interface, ease of use, and efficient loan processing capabilities. They appreciate the system's automation features, customizable templates, and e-signatures, which streamline the loan application process. Additionally, Floify's customer support is lauded for its responsiveness and helpfulness. However, some users have reported occasional technical glitches and limited customization options. The mobile app's functionality could also be improved for a more seamless experience.

    User reviews of LendingPad highlight its user-friendly interface, fast processing, and excellent customer support. Users appreciate its intuitive design, making it easy to navigate and complete tasks quickly. The platform’s web-based nature and seamless integration with other systems are also commended. However, some users mention occasional lag or slow loading times, and a few express concerns about limited customization options and a lack of integration with certain third-party services. Overall, the reviews suggest LendingPad is a valuable tool for mortgage brokers and lenders, offering a streamlined and efficient loan origination process.

      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Available
    • Starts at $49.00. Offers Custom plan.
    • Free Trial Not Available
    • Starts at $55.0. Offers Custom plan.
    Pricing Plans
    Monthly Plans Annual Plans

    Business Plan $49.00 $59.00 per month

    Team Plan $175.00 $225.00 per month

    Enterprise Plan Custom

    Broker Edition $55.00 $55.00 per month

    Lender Edition Custom

    Processing Edition Custom

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Screenshots Jungo
    + 1 More
    Not Available
    Videos Video Thumbnail
    + 2 More
    Video Thumbnail
    + 1 More

    Vendor information

    Company Details Located in: Boulder, Colorado Founded in: 2013 Located in: McLean, Virginia Founded in: 2015
    Contact Details

    (720) 370-3622

    https://floify.com/

    +1 202-796-2790

    https://www.lendingpad.com/

    Social Media Handles

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