"The Nortridge Loan System is a comprehensive mortgage loan servicing software platform with the ability to handle all of the challenges facing today's mortgage lending and servicing industry."
Loan Servicing with Nortridge
Mortgage Loan Servicing
The Nortridge Loan System is a comprehensive mortgage loan servicing software platform with the ability to handle all of the challenges facing today's mortgage lending and servicing industry. Featuring an easy-to-use, flexible architecture and scalable backend database options, and an intuitive Escrow Module, Nortridge is the ideal solution for any mortgage portfolio, large or small.
Additionally, Nortridge allows users to do it all in-house with complete document control, credit bureau reporting, security, and payment options, including printable checks and ACH along with funds distribution for participation loans and investment pools. For organizations that want to outsource certain aspects of their operation, Nortridge offers tools like fully integrated lock box and powerful workflow and task management features.
- Escrow Module
- Service mortgage loans of any type
- Print checks, ACH and funds disbursement for participation loans and pools
- Complete document control for documents, disclosures and reports
- Workflow task management
- Credit bureau reporting
- Batch mode processing
- Strict audit trail and event log
- Native ACH support, Western Union and Money Gram interfaces for efficient cash processing
- Unlimited number of loan types
- Unlimited number of loans
- Automated removal and re-assessment of late fees when effective dated payments are applied
- Complete modification history recorded on all data edit