Loan Servicing with Nortridge

Loan Servicing

Loan servicing is a challenging business, complicated further when you lack the proper tools to backdate payments and rate changes, track important data, avoid manual calculations, and consistently churn out performance reports uniquely suited to the reporting needs of your investors and board of directors. Nortridge Loan System (NLS) is a Windows-based loan servicing program backed by nearly three decades of experience helping lenders and loan servicing businesses more efficiently track loans and generate reports critical to their organizations and their respective stakeholders.

Advantages:

• Built-in flexibility allows any type of loan product to be easily configured.
• Easily modify loan parameters to readily accommodate changes in interest rates, terms, and repayment schedules.
• With more than 300 user-defined fields per loan type featuring unlimited text, data values, drop-down boxes, and check-boxes to suit you or your customer's unique lending needs, flexibility comes standard. You’re also empowered to design your own loan templates and create custom queries and reports with unlimited loan types.
• Dependable: Eliminate spreadsheets, manual calculations and outdated servicing systems. We know the integrity of any financial system is essential to your business processes.
• Easy-to-use: NLS is Windows-based so you'll immediately feel comfortable with it. Shortcut bars, tree controls, tabbed windows, and tool tips make it intuitive to operate.
• Electronically store all documents for easy retrieval and reference.