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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

LendFoundry is an award-winning SaaS platform that provides lenders with advanced tools and accelerators designed to oversee the entire digital lending lifecycle. This platform includes a comprehensive Loan Management System featuring both a Loan Origination System and a Loan Servicing System, in addition to modern capabilities such as customer management, compliance reporting, authentication, security measures, AI-driven credit scoring, and marketing functionalities. With a SaaS model that significantly reduces initial startup costs, this AI-enhanced platform intelligently identifies priority accounts, develops risk profiles, and suggests optimal interest rates to maximize profit margins. It serves as a self-service portal for customers, granting them a consolidated view of their loans, payments, and statements. LendFoundry allows for the implementation of the entire solution or the selective use of components that align with specific business needs. Its flexibility supports complete automation of underwriting processes as well as the customization of back-office workflows for manual verification as required. Furthermore, the platform features a user-friendly and visually appealing interface that facilitates the logging of all activities efficiently. This innovative approach not only streamlines operations but also enhances the overall user experience for both lenders and borrowers alike.

Description

As trailblazers in lending AI, TRUE generates precise data that enhances automation and streamlines every phase of the lending journey, enabling financial institutions to swiftly process loans, significantly reduce expenses and risks, and greatly enhance the customer experience. The demand for mortgages and refinancing remains robust; however, traditional technologies and protracted manual procedures can lead to closings extending from 30 to 120 days, imposing an average cost of $9,000 per settlement on consumers. Each phase of the mortgage process demands considerable knowledge work, yet the presence of non-standardized methods complicates the sharing of resulting outputs. Moreover, compliance with security and regulatory requirements makes it challenging to outsource tasks effectively. In order to meet consumer demands for quicker turnaround times, mortgage originators, insurers, servicers, and solution providers are required to minimize process friction, accelerate their workflows, and adapt their workforce as needed to respond to fluctuating workloads. By doing so, they can not only satisfy client expectations but also create a more efficient and responsive lending environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Birdeye Yes 
Box Yes 
Docusign Yes 
HubSpot CRM Yes 
HubSpot Customer Platform Yes 
Mailchimp Yes 
Mailchimp Transactional Email (Mandrill) Yes 
Olark Yes 
Plaid Yes 
SendGrid Yes 

Integrations

Birdeye No 
Box No 
Docusign No 
HubSpot CRM No 
HubSpot Customer Platform No 
Mailchimp No 
Mailchimp Transactional Email (Mandrill) No 
Olark No 
Plaid No 
SendGrid No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Sigma Infosolutions

Founded

2004

Country

United States

Website

lendfoundry.com

Vendor Details

Company Name

TRUE

Country

United States

Website

true.ai/

Product Features

Commercial Loan

Asset Management Yes 
Audit Trail Yes 
Complex Debt Structures Yes 
Dashboard Yes 
Document Management Yes 
Exposure Management Yes 
Lead Management Yes 
Pipeline Management Yes 
Risk Management No 
Trend Analysis No 

Loan Origination

Amortization Schedule Yes 
Audit Trail Yes 
Closing Documents No 
Compliance Management Yes 
Customer Database Yes 
Digital Signature Yes 
Document Management Yes 
Fee Management Yes 
Loan Processing Yes 
Online Application Yes 

Loan Servicing

Accounting Management No 
Amortization Schedule Yes 
Application Management Yes 
Auto Loans Yes 
Automatic Funds Distribution Yes 
Business Loans Yes 
Collateral Tracking Yes 
Collections Management Yes 
Compliance Management Yes 
Construction Loans No 
Customer Database No 
Fee Management Yes 
Investor Management Yes 
Loan Processing Yes 
Student Loans No 

Product Features

Mortgage and Loans

Amortization Schedule No 
Client Database No 
Closing Documents Yes 
Commercial Mortgages Yes 
Contact Management No 
Credit Reporting No 
Customer Statements No 
Document Management No 
Electronic Applications No 
Government Loans No 
Loan Origination Yes 
Loan Servicing Yes 
Pipeline Management No 
Pre-Qualification No 
Refinance Management No 
Residential Mortgages Yes 

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