Home/Loan Origination Software/Floify vs LendFoundryUpdated on: April 23, 2024

Compare Floify vs LendFoundry

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Overview

Summary

Floify is futuristic mortgage automation and POS software that helps mortgage companies to save their time by automating redundant tasks. The software’s POS portal offers a web-based access facility to individual borrowers, enabling them to apply for loans, upload necessary documents, eSign disclosures and monitor the status of applied loans. Floify is also packed with a variety of customizable and automated communication solutions that help referring agents, borrowers, and other stakeholders to get access to appropriate information as per convenience. The software’s Digital 1003 feature helps with submission rate enhancements and data integration procedures, offering access to the best-in-class loan application experience to individual borrowers. Floify also enables users to maintain loan file integrity and boost operational efficiency by integrating with a variety of external solutions, that cater to the need for document verification, eSignature generation, and CRM tasks. Moreover, the software also allows users to promote their brand and co-brand name by adding a company logo, custom CSS, and javascript along with a color scheme of their own. ..show more

LendFoundry is a loan origination and administration platform that works from start to finish. The cloud-based platform features an API gateway, user interfaces, credit bureau reporting, workflow automation, electronic signature capture, and other features to support and digitize the origination and servicing of loans. Personal loans, working capital, and merchant cash advances are among the asset classes served by LendFoundry. LendFoundry has an inbuilt Loan Origination System that helps alternative lenders handle loan origination by facilitating automated processes, back-office management, and decision-making calculations. Flexible loan servicing, third-party connectors, bespoke setups, verification tools, an activity dashboard for each loan or customer, and more are all available under LendFoundry. Lenders can log into the LendFoundry site to see their client's payment history and account information, as well as any payment reminders, missed payments, and other information. Borrowers can also use the user site to change their profile information, make payments, see account data, examine payment history, and submit direct requests to the lender. ..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

Boulder, Colorado / (720) 370-3622

Irvine, California / 888-861-7360

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

Business Plan
$59 /Month

$588 billed yearly

Features

  • 1 LO or Support user
  • Secure Borrower Portal
  • Status and Milestone Updates via Email, Text/SMS, and Smartphone Apps
  • Progressive Web Apps and Mobile Apps for Android and Apple Devices
  • Customizable digital 1003 application, which includes:
    • Authorization to pull credit and borrower eConsent
    • Spanish subtitles
    • Downloadable PDFs
    • Support for the updated URLA format
  • Custom Fields, Layouts, and Business Rules
  • Realtor® and Referral Partner Portal, including On-demand Pre-Approval Letters
  • Suite of Productivity Integrations
  • Automated Asset and Income Verification Integrations
  • White-Labeled Templates
  • Unlimited Storage
  • Mortgage Calculators with Built-in Lead Capture
  • White-Labeled iOS and Android Mobile Apps*
  • Advanced Compliance Controls
  • Company Dashboard
Team Plan
$225 /Month

$2100 billed yearly

Features

  • 1 LO + 4 support users
  • Secure Borrower Portal
  • Status and Milestone Updates via Email, Text/SMS, and Smartphone Apps
  • Progressive Web Apps and Mobile Apps for Android and Apple Devices
  • Customizable digital 1003 application, which includes:
    • Authorization to pull credit and borrower eConsent
    • Spanish subtitles
    • Downloadable PDFs
    • Support for the updated URLA format
  • Custom Fields, Layouts, and Business Rules
  • Realtor® and Referral Partner Portal, including On-demand Pre-Approval Letters
  • Suite of Productivity Integrations
  • Automated Asset and Income Verification Integrations
  • White-Labeled Templates
  • Unlimited Storage
  • Mortgage Calculators with Built-in Lead Capture
  • White-Labeled iOS and Android Mobile Apps*
  • Advanced Compliance Controls
  • Company Dashboard
Enterprise Plan
Custom

$2100 billed yearly

Features

  • Includes features of Team plans plan, plus
  • Integrate with your LOS
  • Disclosure Desk
  • Fannie Mae Desktop Underwriter® Integration
  • LOS Milestone Sync
  • White-Labeled iOS and Android Mobile Apps*
  • Hybrid E-Closing**
  • Dedicated Account Manager with Priority Support
  • Concierge Onboarding and Training
  • Straightforward Pricing Model – No Hidden Per-Loan Fees
View Price Page
LendFoundry
Custom

Features

  • Loan origination
  • Loan management
  • User portals
  • API gateway
View Price Page

SCREENSHOTS

Floify Screenshots
View 2 screenshot(s)
LendFoundry Screenshots

INTEGRATIONS

  • LendingQB
  • DocuSign
  • Encompass
    NA

ALTERNATIVES

Top alternatives to Floify

LendingPad
LendingPad
TurnKey Lender
TurnKey Lender
LendFoundry
LendFoundry
CreditCore
CreditCore
Finflux
Finflux

Top alternatives to LendFoundry

LendingPad
LendingPad
Floify
Floify
TurnKey Lender
TurnKey Lender
CreditCore
CreditCore
Finflux
Finflux