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nortridge has deep roots in economic development
 
"The Nortridge Loan System has deep roots in the worlds of Economic Development, Non-Profit and Government Lending."
 
 
Loan Servicing with Nortridge  
Economic Development and Non-Profit  
The Nortridge Loan System has deep roots in the worlds of Economic Development, Non-Profit and Government Lending. Over the years, Nortridge has developed specific functionality to meet the compliance and reporting requirements for this space and its unique funding sources. With hundreds of user definable fields to track demographic, financial and project related data, our loan servicing software allows you to meet the lending goals and objectives of your special need clients. Community Development Financial Institutions (CDFIs) face a daunting array of challenges when it comes to the servicing and tracking of their loan portfolios, including:  
Rigid agency reporting requirements  
Frequent loan modifications and loan restructuring  
Multiple investor and source-of-funds reporting  
Simplified collateral tracking  
Features  
Strict audit trail  
Customizable user defined fields configurable from text, numeric, date and drop downs  
Unlimited commenting, document generation, storage and history of all correspondence through the entire loan relationship  
  Easy to modify loan terms to accommodate the cash flow needs of your borrowers  
  Ability to track multiple pieces of collateral and related functionality  
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  With the Nortridge Loan System (NLS), you'll be able to use hundreds of User Defined Fields (UDFs) for economic-impact reporting and other agency reporting requirements. You'll also be able to easily modify interest rates over specific periods of time, enable forbearance and be able to restructure multiple loans into a single note. Nortridge also easily handles multiple investors and source of funds reporting.  
  Tailor your servicing platform to your loans…instead of tailoring your loans to the servicing platform.  
       
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Nortridge Software, LLC   |   2 South Pointe, Suite 250   |   Lake Forest, California 92630   |   (800) 993-6227   |   sales@nortridge.com
 
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