Flexible & Affordable Pricing To Help Scale
Frequently asked questions
What exactly is the LendingWise software platform?
The LendingWise CRM & LOS platform was built in 2017, to help manage the entire lending tech stack from CRM, LOS, servicing & deal placement. Organizations can now deploy a lending platform in days vs months compared to many off the shelf providers or custom building solutions. No other vendor provides as many features and functionality.
How long does it take to setup the CRM & LOS?
The platform can deploy in minutes and works out of the box. With some basic training via our white glove implementation & training service or self help knowledge base & All users can see & make detailed notes in the loan file. Every action creates system generated note history as well. you & your team will be up and running in days. However, for detailed configurations likely needed for private lenders or institutional lenders, expect to invest several weeks in training to learn the advanced configurations. For unique customization requirements, expect a 2-4 week turn around time depending on the complexity of your requirements.
Can I import my data from another software or LOS system?
The short answer is Yes, however it depends on the data integrity and cleansiness! We have helped companies import their legacy data into the system, which often requires deep analysis of the data fields in each column and data format cleansing (find & replace) This typically will be an additional fee, if the built-in import tool does meet the requirements. is never a simple transfer process and delicate care must be taken to ensure data format and accuracy remains in tact. We have done migrations from all major systems, including associated file attachments.
How secure & private is my data in the CRE LOS software?
We work with large institutions with strict vendor requirements, and we are aligned with SOC 2 & PCI compliance. Following these requirements is made possible by hosting our application 100% on AWS. In short your data is encrypted, backed up daily & we follow strict privacy policies to not share your data with 3rd parties.
Is the LOS software mobile friendly or is there a mobile app?
We do not have a mobile app yet, but we ensure the most important pages of the application are mobile responsive providing a smooth user experience for borrowers, brokers and all parties involved with your loans.
What loan products & types does the LOS system support?
We have over 1000+ fields related to numerous loan types for personal & business purpose loans backed by real estate, equipment, & other collateral types. Customize your own loan programs & set the required fields, docs, guidelines, etc… Or Choose from numerous We have pre-configured fields, required docs, & workflow steps for many popular loan programs like agency, bridge, fix & flip, DSCR, construction, CRE, SBA, MCA, & Equipment like fix & flip, rental loans, construction, bridge, CRE, SBA, MCA, & business funding.
Can I white label the CRM & LOS software platform?
We offer 2 options on white labeling… Enterpise white label plan will make the entire application work on your domain like app.yourdomain.com, remove Fueled By LedingWise logo from webforms, and ensure all emails are under domain.
Additionally, you can have a lite white label plan that handles the email and removal of fueled by LendingWise logo.
Can I Cancel anytime?
We do not believe in forcing annual contracts on our clients. We offer month to month contracts with quarterly or annual options available for discounted pricing.
