Home/Loan Origination Software/Floify vs LendingPadUpdated on: April 16, 2024

Compare Floify vs LendingPad

98% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
97% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Visit Website

Visit Website

ADD PRODUCT
98% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
97% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Visit Website

Visit Website

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

LendingPad is a cloud-based loan origination software that offers a complete platform for loan origination solutions for institutions, mortgage brokers, banks, service providers, and lenders. It is specially designed to streamline the lending process, minimize mortgage lending costs, and strengthen communication. This innovatively built platform is fully secured and potently optimizes the complex loan origination process designed by mortgage banking professionals. Moreover, this software allows the user's to originate loans from anywhere with a proper internet connection. Users can incorporate with third-party data providers to manage and connect with leads promptly. This tool can gather data from retail branches, consumer online portals, call centers, and in-house loan officers. The Lender edition comprises functionalities that offer secondary, closing, underwriting post-closing, and funding. Furthermore, to enhance the connectivity and operating efficiency, a range of customization features are offered for Institutions to scale the business to the next level. With processing centers, users can equip contract processing teams to cater to more clients with extensive volumes. LendingPad follows a quotation-based and subscription-based pricing strategy that includes institution edition and broker edition. ..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

McLean, Virginia / +1 202-796-2790

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
Broker Edition
$40 /User/Month

Features

  • Retail Channel
  • Email Support
  • Free Weekly Live Training
  • Broker's Feedback Forum
  • Unlimited Document Management
  • LendingPad Network Access
  • Integrated Service Providers
  • Standard Support Hours
  • Optional:
    • Disclosures with e-Sign
    • Custom e-Sign Documents
    • Phone & Extended Support
  • Requires:
    • Annual Billing Required for 5 Users or Less Setup Fee Depending on Complexity Minimum Contract 12 Months
Broker Edition
Custom

Features

  • Direct and Retail Channels
  • First 90-Days Setup and Implementation
  • Consultations to Improve Workflow
  • Unlimited Users
  • Unlimited Document Management
  • LendingPad Network Access
  • Free Weekly Live Training
  • Lender's Feedback Forum
  • Optional:
    • Wholesale and Correspondent Channels
    • Onsite Setup, Implementation & Training
    • Extended Support Hours
    • Live Support Options
    • Custom Features & API Access
  • Requires:
    • Minimum Monthly Usage
    • Setup Fee Depending on Complexity
    • Minimum Contract 36 Months
Institutions Edition
Custom

Features

  • All features in Brokers and Bankers Edition
  • Phone Support Standard Business Hours
  • Unlimited Users & Document Management
  • LendingPad Network Participant
  • Retail, Direct, Wholesale and Correspondent Channels
  • API’s to Connect with Existing Systems
  • Optional:
    • Continuous Data Export 24/7
    • Customized Workflow
    • Dedicated Account Executive
    • Extended Support Hours
  • Requires:
    • Minimum Monthly Usage
    • Setup Fee Depending on Complexity
    • Minimum Contract 36 Months
View Price Page

SCREENSHOTS

Floify Screenshots
View 2 screenshot(s)
LendingPad 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 LendingPad

Floify
Floify
Encompass
Encompass
TurnKey Lender
TurnKey Lender
LendFoundry
LendFoundry
CreditCore
CreditCore