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Best Loan Origination Software for Financial Institutions

Lend smart, right from the start with lendmantra that keeps you ahead from the very beginning.

A Journey Well Begun is Half Done!

lendmantra’s loan origination system is your blueprint for smarter loan origination.

lendmantra is end-to-end loan management and origination software designed to automate, accelerate, and innovate existing lending processes. Our loan origination system comes with AI, advanced data analytics, cloud capabilities, and low code or no-code efficiency. This enables financial institutions to better manage risks, collect and analyze financial information, automate processes, onboard more smoothly, and enhance overall operational efficiency from the initial stages. Right from lead management to digital onboarding, AI-driven credit scoring, and dynamic decision-making tools, our loan origination system is loaded with modules to get started in a compliant way.

Features of a Digital Loan Origination System

Capabilities that shape the future of lending

Simplify Application Process

LOS utilizes proven technologies to automate, process, store, submit, and manage applications and reduce manual errors and effort for enhanced speed and accuracy.

Decision-Making Accuracy

LOS supports you in making data-driven decisions and it facilitates you to add custom rules to automate decisions and enable faster approvals or rejections of applications.

Keep Everything on Track

Track things with features such as setting reminders, sending timely notifications, and integrating intelligent task management into the lending process.

Reporting and Analytics

Gain actionable insights, monitor key metrics, identify bottlenecks, and drive better outcomes with LOS.

Future-Ready Features

The loan origination system offers long-term efficiency and scalable technologies that continuously upgrade as your needs evolve.

Get Started for Smarter Lending

lendmantra helps financial institutions work digitally with added capabilities in one powerful platform.

What Are lendmantra LOS Offerings?

We offer modules that revolutionize every stage of the loan origination process.

Lead Management

Lead Management

Effortlessly record, report, and verify critical information with lendmantra’s survey module. Assign field investigations and personal discussions to agencies for on-site visits, ensuring thorough validation of residential, business, and financial details provided by loan applicants.

Application Management

Convert prospects into potential leads with advanced capabilities of lendmantra LOS.  The system enables seamless uploading, secure storage, and efficient tracking of loan applications. Powered by cloud technology, applications can be accessed and managed by authorized personnel from anywhere, anytime. This ensures real-time collaboration, faster processing, and a streamlined workflow for improved decision-making.

Application Management
Application Management

Application Management

Convert prospects into potential leads with advanced capabilities of lendmantra LOS.  The system enables seamless uploading, secure storage, and efficient tracking of loan applications. Powered by cloud technology, applications can be accessed and managed by authorized personnel from anywhere, anytime. This ensures real-time collaboration, faster processing, and a streamlined workflow for improved decision-making.

Digital Onboarding

Digital Onboarding

Gain the flexibility to effectively manage the entire onboarding process, from document collection to verification, ensuring a smooth and hassle-free experience for both customers and lenders. Optimizing the onboarding process digitally, not only accelerates approvals but also boosts customer satisfaction for long-term trust and loyalty.

Task Management

Stay organized by managing and streamlining all your tasks with lendmantra LOS’s comprehensive task management capabilities. Whether it’s tracking, following up, or reminding, our system ensures no tasks that are overlooked. With lendmantra tasks are prioritized effectively, workflows are streamlined seamlessly and teams can be highly productive.

Task Management
Task Management

Task Management

Stay organized by managing and streamlining all your tasks with lendmantra LOS’s comprehensive task management capabilities. Whether it’s tracking, following up, or reminding, our system ensures no tasks that are overlooked. With lendmantra tasks are prioritized effectively, workflows are streamlined seamlessly and teams can be highly productive.

Master Data Management

Master Data Management

Master data management sets the stage for an effective loan origination system – this is where the admin user can configure multiple branches, define loan products, and assign roles and permissions. With MDM every user of the system has the access they need to perform their tasks.

Survey Engine

Effortlessly record, report, and verify critical information with lendmantra’s survey module. Assign field investigations and personal discussions to agencies for on-site visits, ensuring thorough validation of residential, business, and financial details provided by loan applicants.

Survey Engine
Survey Engine

Survey Engine

Effortlessly record, report, and verify critical information with lendmantra’s survey module. Assign field investigations and personal discussions to agencies for on-site visits, ensuring thorough validation of residential, business, and financial details provided by loan applicants.

What does lendmantra LOS offer Additionally?

We equipped you with our expertly designed add-ons to enhance and give a competitive edge to your loan origination process.

Dynamic Rules Engine

Empowering NBFCs through customizable rule-based scorecards to adapt seamlessly and make decisions confidently.

API Connect Middleware

Seamlessly integrate with third-party APIs for real-time insights, automated decisions, and efficient customer data verification.

AI Credit Scoring Engine

Train your AI with historical customer data for informed decision-making, minimizing default risks, and enhancing loan quality.

Why lendmantra for Loan Origination System?

We geared you with game-changing modules

Artificial Intelligence Capabilities

Power your lending process with AI capabilities in lendmantra. These can assist in making data-driven decisions, data validation, reducing defaults, managing documents, and efficient onboarding processes.

Innovative Modules

lendmantra comes with various modules and add-ons designed to make your loan origination process smarter, faster, and better.

Powerful Rules Engine

Our system provides a powerful rules engine that can be utilized for competitive advantage via improving customer experiences, automating processes, and ensuring compliances are met on time, every time.

Modular Add-Ons

Unlike traditional LOS solutions, lendmantra offers actionable add-ons such as API connect middleware, AI credit scoring engine, and dynamic rules engine. All these are designed to address the specific needs of financial institutions.

Training and Support

Our team at Lendmantra is here to assist you from the very beginning to the end, providing training and full-time support to help you make the most of your investment.

Hybrid Capabilities

Lendmantra offers hybrid capabilities to work through both traditional and digital means so that both ways can be utilized wherever and whenever needed.

Frequently Asked Questions

Loan origination System (LOS) is basically a software solution that comes with features to handle the loan lifecycle at the initial stages. This includes lead management, application evaluation, assessment, underwriting, and approval.

Loan origination systems work by automating and optimizing the management, assessment, tracking, and approval of applications, tasks, leads, and documents. It is also integrated with CRM systems and customer data repositories and comes with technologies such as machine learning, open APIs, artificial intelligence (AI), and cloud computing. All of these help financial institutions to perform these tasks with increased efficiency, automate tasks, and reduce reliance on manual processes.

The Loan origination system comes with a number of benefits all of which are around streamlining the initial stages of lending:

  • Compliance and regulatory issues are properly addressed and requirements are met.
  • Decision-making processes are also automated and decisions are taken with data-driven insights.
  • It improves customer experience as LOS provides faster response time and improved overall process.
  • Loan Origination System (LOS) software assists in determining interest rates and fees while also reducing operational costs.

Yes, most loan origination system comes with the capabilities to integrate seamlessly with existing software such as customer relationship management, enterprise resource planning (ERP) systems, and more third-party systems.

lendmantra offers cloud and AI capabilities for both loan origination and loan management systems. This allows for efficient access, sharing, and management of documents. With robust security protocols, customizable rules, and version control, the handling of data can be securely managed and easily tracked.

Surviving without a digital process has become increasingly challenging due to heightened protocols, compliance requirements, regulations, safety concerns, manual errors, and the overwhelming amount of data involved. Implementing digital loan origination streamlines the process, making it compliant, automated, efficient, error-free, and faster. This improvement also allows the team to allocate more time to other important tasks.