Home/Loan Origination Software/DecisionLender vs LendingWiseUpdated on: April 19, 2024

Compare DecisionLender vs LendingWise

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91% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
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91% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
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Overview

Summary

DecisionLender is a comprehensive loan origination software helping out companies with direct lending, retail and merchant management, indirect lending, deposit account opening along with online & mobile lending. Admins can depend on the particular to define role-based access rights and exceptional authorisation facilities. They can also automate the detection part of rule-based policy violations, besides taking care of rule-based stipulation generation. Further, DecisionLender also helps with automated decision making and counter-offers, where users can enhance consistency levels by streamlining real-time data transfers to and from integrated cores. A detailed decision summary dashboard helps with adequate information monitoring on a particular screen and real-time actions. DecisionLender is absolutely secure, certified by SOC 1, 2 and 3, ISO 27001, PCI-DSS Level 1, ISO 9001 and EI3PA. Other exclusive features include multi-factor authentication, full audit compliance, drag and drop controls along with 49 report templates. A responsive user interface featured by the same helps with seamless business process monitoring from time to time. ..show more

LendingWise is a customer relationship management (CRM) and loan origination and servicing software that enables lenders and brokers to manage their entire loan life cycle in an efficient manner. The software comes with an intuitive dashboard that offers a complete 360-degree overview of all loans. LendingWise also enables users to create a customisable loan layout strategy, enabling them to manage their lending operations in an efficient way. It provides lenders and brokers with accurate web forms, helping them collect useful information from the borrowers on the go. Further, an easy-to-use loan status and doc portal within LendingWise, helps users automate their doc collection process in real-time. The software allows all the team members, including borrowers, brokers and third parties, to collaborate with each other by sharing loan wise status adequately. With LendingWise, users also get protected by bank-level security backed by Amazon Web Services (AWS). Moreover, it is even compliant with SOC 2, PCI and ISO 27001 encryption tags, facilitating seamless security and data backup. ..show more

Features

Audit Trail A record of changes made in chronological order of a user or activity

Chat (Messaging) Allows users to collaborate better by exchanging views and collect information through chatting or texting

Client Management (Customer) Facilitates strong necessary data about clients/customers and allows access to it when required

Collaboration Helps you safely share data with only those who matter and enhances your teamwork

Compliance Management Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Custom Workflows Facility to create workflows with custom stages, process, and status.

Document Management Ability to store and manage various information and documents in electronic format.

Mobile Access Allows accessing the software and product/service related information from a mobile device

Workflow Management Helps in managing and ensuring smooth flow of the tasks assigned to a team or organization

e-Signature Electronic Signatures help users to sign their digital documents remotely

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Long Island, New York / (800) 824-9069

Miami, Florida

API

N/A

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

DecisionLender
Custom

Features

  • Robust rules engine
  • Intelligent automation
  • Easy auditing and compliance
  • Intelligent alerts and notifications
  • Multiple environments and tools
  • Direct Lending
  • Indirect Lending
  • Digital Branch Online Lending
  • Account Opening

View Price Page
Free/Sandbox
Others

Features

  • Unlimited Users
  • No Monthly Fee
  • Take your time exploring & setting things up. Switch to a monthly plan anytime.
  • Pay one time, refundable setup fee.
  • Engage our support staff as needed
  • Loan Servicing
  • Add Ons
    • Lender Marketplace
    • Website template- $29/mo hosting
    • Full White Label
    • Support Options: Video Library, E-mail, Live Chat, Phone & Zoom Meetings
Lite
Others

Features

  • 1 User Included
  • Additional Users: $29-$149
  • Quick App & Full App webforms aka POS
  • Auto generate 20+ docs with e-sign like: Term Sheet, 1003 & Full App
  • Dashboard, pipeline, contact manager & E-mail marketing
  • Customize fields, workflows, required docs & loan stages
  • Loan Status & Doc Upload Portal
  • Add Ons
    • Lender Marketplace
    • Loan Servicing
    • Website template - $29/mo hosting
    • Full White Label
    • Support Options: Video Library, E-mail & Live Chat
Team
Others

Features

  • Includes the features of Lite plan, plus
  • 3 Users Included
  • Additional Users: $29-$149
  • Borrower, broker, loan officer login portal
  • Doc generation powered by Google Docs & Sheets
  • Custom reports & data export/import for loan tapes, loan servicing, etc...
  • 3rd Party Integrations:
  • Credit Report, AVM, Appraisal, PeerStreet, Web Hooks, API Access
  • Loan Servicing
  • Website with free hosting
  • Lender Marketplace Included
  • Add Ons
    • Full White Label
    • Support Options: Video Library, E-mail, Live Chat, Phone & Zoom Meetings
Enterprise
Others

Features

  • Includes the features of Team plan, plus
  • 10 Users Included
  • Additional Users: $29-$59
  • Growth & Implementation strategy sessions
  • Custom designed webforms, docs, & E-mail templates
  • Dedicated Account Support & 1-2 hour response SLA via private Slack Channel
  • Lender Marketplace with your company listed
  • Loan Servicing
  • Website with free hosting
  • Full White Label
  • Custom training manuals & videos provided
  • On-Premise or Hosted Solutions
  • Support Options: Video Library, E-mail, Live Chat, Phone & Zoom Meetings
View Price Page

SCREENSHOTS

DecisionLender Screenshots
View 7 screenshot(s)
LendingWise Screenshots
View 3 screenshot(s)

INTEGRATIONS

    NA
  • Zoho CRM
  • HubSpot CRM
  • Salesforce
  • Pipedrive CRM
  • CoreLogic Credco

ALTERNATIVES

Top alternatives to DecisionLender

Floify
Floify
LendingPad
LendingPad
TurnKey Lender
TurnKey Lender
LendFoundry
LendFoundry
CreditCore
CreditCore

Top alternatives to LendingWise

Floify
Floify
LendingPad
LendingPad
TurnKey Lender
TurnKey Lender
LendFoundry
LendFoundry
CreditCore
CreditCore