Bryt Software

About Bryt Software

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Bryt Software is a flexible, cloud-based loan servicing and management platform designed for private lenders, specialty finance companies, commercial lenders, equipment finance companies, and other organizations that manage loans after origination. Bryt helps lenders automate and simplify day-to-day loan servicing, including payment tracking and allocation, interest and fee calculations, amortization schedules, payoffs, late fees, borrower communications, document management, and portfolio reporting. The platform supports a wide variety of loan structures and can be configured to match different lending programs and servicing requirements. Optional capabilities include ACH payment processing, escrow and impound management, borrower portals, investor and multi-lender servicing, custom document templates, electronic signatures, automated notices, custom reporting, and API access. Designed to replace spreadsheets, disconnected systems, and manual servicing processes, Bryt provides lenders with a centralized platform for managing borrowers, loans, payments, documents, and portfolio activity. Its modular approach allows organizations to select the capabilities they need and expand as their servicing operation grows. Bryt offers a 30-day free trial with no credit card required.

Screenshots & Videos

Dashboard: Monitor your loan portfolio and key metrics at a glance.

Loan Summary: View complete loan details and activity in one place.

Loan Wizard: Create and configure new loans with guided steps.

Pricing

Free Trial Available
Starts at $89.00.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

60%
Reviews

60%
Momentum

66%
Popularity

67%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)
Individuals

API Support

Available

Modes of Support

Business Hours, Online

Bryt Software Features

Show Feature Explanation

Show Missing Features

Loan Servicing Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

60%

Customer Communication Management

Escrow & Tax Management

Interest & Amortization Management

Payment Processing & Tracking

Reporting & Analytics

Delinquency & Collections Management

Compliance & Regulatory Management

Bryt Software Pricing

Free Trial

Available

No Credit Card Required, Get Started for Free

Pricing Options

Premium Plans ( Subscription )

MONTHLY YEARLY

Business Version $890.00 $89.00 per user

Business Version — starting at $89/month or $890/year (single user)

Designed for smaller lenders managing up to 10 active loans.

Includes core loan servicing capabilities such as loan and borrower management, payment tracking, amortization schedules, interest and fee calculations, payment schedule management, custom documents, custom fields, portfolio reporting, and automated servicing workflows.

Additional modules and services are available separately. Pricing may vary based on users, selected modules, and other options.

30-day free trial available. No credit card required.

Start Free Trial

Professional Version $1,600.00 $160.00 per user

Professional Version — Starting at $160/month (single user)

Designed for growing and established lenders managing larger loan portfolios and more complex servicing requirements.

Includes advanced loan servicing and payment management, payment processing and allocation, interest and fee management, escrow/impound management, collateral tracking, automated notices, custom documents and fields, portfolio reporting, and expanded servicing capabilities.

Optional modules are available for capabilities such as borrower portals, payment processing, multi-lender/investor management, and API access.

Pricing is based on the number and type of users, selected modules, and other options.

30-day free trial available. No credit card required.

Start Free Trial

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 28/11/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Bryt Software Pricing

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Bryt Software Reviews

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Videos on Bryt Software

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Loan Creation Wizard

Payment Processin...

Borrower Portal

Document Manageme...

Bryt Software Screenshots

Dashboard: Monito...

Loan Summary: Vie...

Loan Wizard: Crea...

Payment Wizard: Q...

Borrower Portal: ...

Bryt Software FAQs

What is Bryt Software used for?

Bryt Software is used by lenders to manage and service loans after origination. It helps automate day-to-day loan servicing activities including payment tracking, amortization schedules, interest and fee calculations, borrower management, escrow/impound accounts, collateral tracking, documents, notices, payoffs, delinquency management, and portfolio reporting. Bryt is designed for private lenders, commercial lenders, specialty finance companies, equipment finance providers, CDFIs, municipalities, and other organizations that manage loan portfolios. Optional capabilities include ACH processing, borrower and investor portals, multi-lender/investor management, custom reporting, and API connectivity.

How much does Bryt Software cost?

Bryt Software offers flexible, modular pricing based on the size and needs of your lending operation. The Business Version starts at $89 per month or $890 per year and is designed for smaller lenders managing up to 10 active loans. The Professional Version starts at $160 per month or $1,600 per year and is designed for growing lenders that need multiple users, unlimited active loans, and more advanced servicing capabilities. Optional modules, integrations, implementation services, and specialized requirements may affect the final price. A 30-day free trial is available with no credit card required.

Does Bryt Software offer a free plan?

No. Bryt Software does not offer a permanent free plan. However, Bryt offers a 30-day free trial that allows prospective customers to evaluate the software before subscribing. No credit card is required to start the trial.

What loan servicing features does Bryt Software offer?

Bryt Software provides loan servicing capabilities including payment and balance tracking, amortization schedules, interest and fee calculations, payment allocation, borrower management, delinquency tracking, payoffs, documents, notices, collateral management, escrow/impound management, and portfolio reporting. Optional modules add capabilities such as ACH processing, borrower and investor portals, investment management, custom reporting, and API connectivity.

Does Bryt Software provide an API?

Yes. Bryt Software provides API connectivity that allows organizations to integrate Bryt with other applications and systems. The API can be used to exchange loan, borrower, payment, and other servicing data, helping lenders connect Bryt with their existing technology and automate workflows. API connectivity is available as an optional module, and additional fees may apply.

Who is Bryt Software designed for?

Bryt Software is designed for organizations that manage and service loans, including private and hard money lenders, commercial lenders, specialty finance companies, equipment finance providers, CDFIs, municipalities, consumer lenders, and other organizations with lending portfolios. Bryt can support smaller lenders as well as growing organizations with larger and more complex portfolios.

Is Bryt Software a loan servicing or loan origination system?

Bryt Software is primarily a loan servicing and loan management platform designed to manage loans after origination. It provides tools for managing payments, balances, interest, fees, borrowers, documents, collateral, escrow/impound accounts, notices, payoffs, delinquencies, and portfolio reporting.

What types of loans can Bryt Software manage?

Bryt Software can manage a wide variety of loan types and structures, including private and hard money loans, commercial loans, real estate loans, equipment and vehicle financing, construction loans, business loans, consumer loans, and other specialty lending programs. Its configurable structure allows lenders to accommodate different payment schedules, interest calculations, fees, and servicing requirements.

Can Bryt Software process loan payments?

Yes. Bryt Software provides tools for recording, processing, allocating, and tracking borrower payments. Lenders can manage scheduled and unscheduled payments, principal and interest allocations, fees, partial payments, payoffs, NSF activity, and other servicing transactions. Electronic payment processing is available through optional integrations.

Does Bryt Software offer a borrower portal?

Yes. Bryt offers an optional Borrower Portal that gives borrowers online access to information about their loans. Depending on the lender's configuration, borrowers can review loan information, payment activity, documents, and other account information and access available online payment options.

Does Bryt Software support escrow and impound accounts?

Yes. Bryt Software supports escrow/impound management for lenders that need to collect and manage funds for items such as taxes, insurance, and other property-related expenses. Escrow/impound functionality is available as part of Bryt's modular servicing capabilities.

Can Bryt Software manage multiple lenders and investors?

Yes. Bryt offers capabilities for loans involving multiple lenders or investors, including fractional interests and investor allocations. Optional investment management and investor portal capabilities can help organizations manage investor participation and provide access to relevant portfolio information.

Does Bryt Software support automated notices and borrower communications?

Yes. Bryt Software can automate servicing notices and communications based on loan activity and defined conditions. This helps lenders reduce manual follow-up and maintain more consistent communication for events such as upcoming payments, late payments, and other servicing activities.

Can Bryt Software create custom loan documents?

Yes. Bryt Software includes document management and customizable document templates that allow lenders to generate documents using information stored in Bryt. Organizations can create documents such as statements, payment schedules, notices, payoff letters, and other loan-related documents.

Does Bryt Software support ACH payments?

Yes. Bryt Software offers optional ACH payment processing capabilities that allow lenders to electronically collect borrower payments. ACH functionality can be integrated with Bryt so payment processing becomes part of the lender's loan servicing workflow.

Can Bryt Software track collateral and insurance?

Yes. Bryt provides asset and collateral management capabilities for secured loans. Lenders can maintain information about collateral associated with a loan and use optional asset and insurance tracking capabilities to manage additional servicing information.

Does Bryt Software support custom reports?

Yes. Bryt provides portfolio and loan reporting capabilities, and Custom Reporting is available for organizations with additional reporting requirements. Reports can help lenders monitor loan balances, payments, portfolio activity, delinquencies, and other servicing information.

Is Bryt Software cloud-based?

Yes. Bryt Software is a cloud-based loan servicing and management platform accessed through a web browser. This allows authorized users to access the system without installing traditional desktop loan servicing software.

Does Bryt Software offer a free trial?

Yes. Bryt Software offers a 30-day free trial so prospective customers can evaluate the platform before subscribing. No credit card is required to start the trial.

How do I get started with Bryt Software?

Prospective customers can start with a 30-day free trial, schedule a personalized demonstration, or contact Bryt Software to discuss their servicing requirements. Bryt's online pricing tools can also help lenders identify the appropriate plan, users, and optional modules for their operation.