Private Lending Loan Servicing Software for Bridge, Fix & Flip, DSCR & Construction Loans

Loan Servicing That Reconciles to the Cent

Stop servicing from spreadsheets that drift. Track every loan from funding to lien release, with interest accruing daily, payments applied by your rules, late fees and default interest on autopilot, and payoff quotes you can trust.

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The Servicing Lifecycle

Every Event on the Loan, in One Place

Once a loan is funded, everything that happens to it over its life is tracked here, all the way to the final payoff.

Onboard the loan
Fund & set up escrows
Interest accrues daily
Borrower pays
Fees when late
Statements
Payoff & release

Built on a Ledger

Numbers That Never Silently Drift

Every dollar movement is a permanent, double-entry journal entry, and every number you see (balances, amounts due, the payment schedule, the payoff quote) is derived from those entries, never typed in.

Immutable. Entries are never edited or deleted; corrections post as reversals or adjustments, so the full history stays intact.
No double posting. Every entry carries a unique key, so retries and nightly re-runs can’t count anything twice.
Traceable. Open the ledger on any loan to see exactly which entries produced its balance.
Reconciled nightly. A nightly job brings every loan up to date and flags any discrepancy to the cent.

Payments

Payments Applied by Your Rules, Then Passed Through to Your Capital

Record a payment with its amount, date, source (ACH, check, wire) and reference, and it’s spread across what’s owed, oldest first, in the loan’s priority order. By default: late fees, default interest, interest, principal, then charges.

Then it keeps going. Each repayment is split across the loan’s capital sources (your fund, direct investors, your balance sheet or a credit line) into principal returned, interest income and the servicer’s retained spread, so investor balances update without a spreadsheet.

Overpayments your way. Refuse them, apply them to principal, or deposit them to the prepaid-interest reserve.
Interest reserves on autopilot. Pay each period from the prepaid-interest reserve on its true due date until the reserve runs out.
Rehab draws and pay-downs. Disburse construction draws from escrow and post principal pay-downs outside the schedule.
Investor pass-through. Interest accrues to each capital source daily and turns into realized income when the borrower pays; a reversed payment backs it out automatically. Fund Management

Illustration: a borrower payment cascading into five buckets in priority order: late fees, default interest, interest, principal and charges

Payoffs & Statements

Payoff Quotes You Can Send With Confidence

Pick a good-through date and the calculator sums the outstanding balances, accrued unbilled interest, exit fee, any tiered prepayment penalty and the extra fees you add, with a per-diem for days past the good-through date.

Always recalculated on the server, at preview and again at save, so a quote is never built on stale numbers.
Branded PDFs. Saving a payoff generates a payoff statement with your servicer branding; mortgage statements are ready for every closed period.

Delinquency & Collections

Late Fees, Default & Collections Without the Math

Configure the rules once per loan and let servicing assess, notify and collect on schedule.

Late Fees Your Way
Size each loan’s late fee as a flat amount, a percentage of the missed payment’s interest, or the greater of the two, with the grace days you set. The fee posts automatically the day the grace window closes.
Default Interest, Split Right
When a payment hits your configured days late, the loan accrues the default rate from that exact date. The month it starts bills regular interest before the trigger and default interest after, never the whole month.
Charges & NSF
Add ad-hoc charges (inspection, document, insurance shortfalls) to the right period. Reverse a bounced payment with one action, optionally adding an NSF fee, and the period reopens on its own.
Fee Reconciliation
Answer a disputed fee in seconds: every assessed fee shows the period it charges for, its basis and a check that the amount matches your configured rule.
Automatic Notices
Email borrowers and your team as loans move: payment-due reminders, late payment notices and more, each with its own timing, recipients and cooldown.
ACH Collections
Build the NACHA debit file you upload to your bank to pull scheduled payments. Bank details are encrypted and shown masked, with an ACH ready badge per loan.

Loan Changes

Modifications With Guardrails

Handle the messy middle of a loan’s life, from waivers to extensions, with approvals and a full audit trail.

Approvals Queue
Sensitive changes like waivers never post on one click. They wait in Pending Approvals until a permission-holder signs off, and every decision is audited.
Waivers
Forgive some or all of a late fee, default interest or a charge, always through approval. Interest and principal can never be waived.
Rate Changes
Adjustable-rate loans reset off an index plus margin or on scheduled steps from the note; negotiated re-rates go through approval.
Cure & Reinstatement
End a default with an explicit, dated cure, either re-pricing the default window at the regular rate or de-defaulting from the cure date forward.
Capitalize Arrears
Roll selected unpaid interest and fees into principal. The borrower owes the same total; go-forward interest accrues on the new balance.
Maturity Extensions
Exercise the extension options written into the note in one click, or extend ad hoc. New periods generate automatically to the new maturity.

See all the features

Borrower Portal

Fewer “What Do I Owe?” Calls

Give borrowers an invite-only portal with every serviced loan in one login: total UPB, next due, available to draw and upcoming maturities, plus each loan’s amount due by bucket, payment history and statement downloads.

Payment instructions. Borrowers schedule one-time, future-dated or recurring payments; money moves only when you collect or record it.
Draw requests. Requests land pending in your draw queue for approval.
Payoff requests. Based on your settings, borrowers either get an instant, accurate payoff quote good through the date they choose (same math as your payoff screen), or send a request that lands in your payoff queue for your team to run and review before anything goes out.

Illustration: a borrower portal window with tiles for next payment, total UPB, available to draw, maturity, statements and payment history

Reporting

Portfolio Reports That Tie Out

Every report is derived from the same servicing ledger as each loan, so portfolio totals always reconcile to the sum of the loans. Export to CSV, Excel or PDF.