In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity. A loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment. Loan Management products cover various processes involved in loan origination and servicing. Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Loan Servicing is a process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal and escrow payments from a borrower.
At enlyft, we use sophisticated, patent-pending algorithms to track the use of various Loan Management products and technologies. We track 33 products in the Loan Management category, and have found 8,392 companies using these products.
Product | Install base (# of companies we found using this product) |
Market Share (%) |
---|---|---|
Calyx Software | 2,032 | 24% |
Calyx Point | 968 | 11% |
LaserPro | 953 | 11% |
Ellie Mae | 818 | 9% |
Lender Processing Services | 409 | < 5% |
Fusion MortgageBot | 373 | < 5% |
FICO Blaze Advisor | 371 | < 5% |
Floify | 233 | < 5% |
Accenture Mortgage Cadence | 204 | < 5% |
SunGard Loanet | 183 | < 5% |
Xerox BlitzDocs | 178 | < 5% |
Mortgage Builder | 173 | < 5% |
defi SOLUTIONS | 153 | < 5% |
TValue | 140 | < 5% |
EasyLender | 120 | < 5% |
LoansPQ | 120 | < 5% |
Nortridge Software | 102 | < 5% |
MeridianLink | 102 | < 5% |
MortgageFlex | 100 | < 5% |
FICO Debt Manager | 95 | < 5% |
ISGN MORvision | 84 | < 5% |
The Loan Office | 72 | < 5% |
CRIF Lending Solutions | 70 | < 5% |
LendingQB | 65 | < 5% |
Empower | 48 | < 5% |
Mortgage Servicer | 45 | < 5% |
PCLender | 44 | < 5% |
Allegro Lending Suite | 40 | < 5% |
Consumer LOS / Lending360 | 31 | < 5% |
OpenLending | 22 | < 5% |
LendKey | 20 | < 5% |
EPIC Loan Systems | 14 | < 5% |
Moody's Analytics - CreditLens | 10 | < 5% |