Best Free Loan Servicing Software

Loan servicing software is vital for financial institutions to manage and maintain loans after they have been issued. It helps automate tasks such as payment tracking, interest calculation, and communication with borrowers, ensuring smooth loan management throughout the life cycle. Free Loan Servicing Software provides an affordable solution for businesses to manage their loan portfolios without additional costs. These tools typically include features such as payment processing, delinquency tracking, loan modification management, and detailed reporting. Software for loan servicing ensures that institutions can handle loan servicing tasks efficiently and in compliance with regulations. By using loan servicing software, businesses can reduce administrative burdens, improve accuracy, and enhance customer satisfaction. Explore our category of Free Loan Servicing Software to find the best tools for managing your loan servicing needs today.

Note: Most of the products listed in this free loan servicing software category offer free trial versions, though they have restrictions like time limits, fixed number of users, or limited features. For more options and features, compare and evaluate all-time loan servicing software to find the best fit for you.

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246 Software

List of Top Free Loan Servicing Software

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Enterprise

Oracle FLEXCUBE

A core banking software platform with comprehensive end-to-end servicing capabilities.

Oracle FLEXCUBE is a comprehensive banking software solution designed to streamline financial operations. It helps banks manage core banking functions efficiently, from customer accounts and transactions to risk and compliance. FLEXCUBE ensures secure and accurate processing of financial activities, enhancing overall operational efficiency. Its user-friendly interface simplifies tasks for bank sta... Read more about Oracle FLEXCUBE

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

The Oracle Banking Platform is an advanced loan servicing software that enables financial institutions to manage and streamline their loan lifecycle processes. This comprehensive platform covers all aspects of loan servicing, from loan origination and underwriting to repayment and collections. With Oracle Banking, banks and lenders can automate key tasks, reduce operational costs, and improve comp... Read more about Oracle Banking Platform

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Oracle Financial Services Lending and Leasing software provides a robust and scalable solution for managing the lifecycle of loans and leases. Designed for financial institutions, this platform simplifies loan origination, servicing, and collections, while ensuring compliance with global regulatory standards. Oracle's loan servicing software automates key processes, from loan origination and under... Read more about Oracle Financial Services Lending and Leasing

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Oracle Corporate Banking is a comprehensive loan servicing software designed for financial institutions offering corporate banking services. It simplifies the management of corporate loans, from origination and underwriting to servicing and collections. The platform allows banks and lending institutions to manage the entire loan lifecycle with ease, including loan documentation, risk management, i... Read more about Oracle Corporate Banking

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

ComplianceOne is a specialized loan servicing software designed to help financial institutions manage loan portfolios efficiently while ensuring regulatory compliance. This powerful platform offers tools for tracking loan performance, processing payments, and managing customer communications. With features such as automated compliance checks, detailed reporting, and customizable workflows, Complia... Read more about ComplianceOne

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Plaid

The safer way for your users to link financial accounts

Plaid is a cutting-edge financial technology software that acts as a bridge between applications and users' bank accounts, revolutionizing the way financial data is accessed and utilized. Its primary feature is the seamless and secure integration it offers, allowing apps to connect with users’ bank accounts for various purposes like personal finance management, lending, and payments. Plaid stand... Read more about Plaid

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Upstart is a comprehensive loan servicing software designed to streamline the process of managing and servicing personal loans. The platform provides features for loan origination, repayment tracking, and automated billing, helping lenders provide a seamless experience for borrowers. Upstart uses advanced data analytics and machine learning algorithms to assess borrower creditworthiness, enabling ... Read more about Upstart

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Precision LM is a robust loan servicing software designed to assist financial institutions in managing the entire loan lifecycle efficiently. The platform provides tools for loan origination, underwriting, servicing, and collections, ensuring a streamlined process from application to repayment. Precision LM enables organizations to customize loan products, manage compliance requirements, and track... Read more about Precision LM

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

AllCloud Enterprise is a comprehensive loan servicing software designed to streamline the management of loans and financial transactions for lenders and financial institutions. This platform offers an array of features that facilitate the entire loan lifecycle, from origination and underwriting to servicing and collections. With its user-friendly interface, AllCloud Enterprise enables users to tra... Read more about AllCloud Enterprise

Free Trial

Available

Pricing Type

Contact Vendor

Location

India

Fintech Market Core System is a powerful loan origination software that streamlines the lending process, from application to disbursement, for financial institutions. This platform offers automated workflows that simplify loan processing, reduce paperwork, and improve customer satisfaction. Fintech Market Core System includes a customizable application portal where borrowers can apply for loans, t... Read more about Fintech Market Core System

Free Trial

NA

Pricing Type

Contact Vendor

Location

Estonia

EQ Credit Services is a robust loan servicing software designed to help financial institutions manage their loan portfolios effectively and enhance customer service. This platform provides a comprehensive suite of tools that enable users to automate the entire loan lifecycle, from origination to repayment. With EQ Credit Services, lenders can easily track loan applications, process approvals, and ... Read more about EQ Credit Services

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

REALSynergy is a comprehensive loan servicing software designed to streamline the management of loans and financial assets for lenders and financial institutions. It provides a suite of tools for tracking payments, managing loan portfolios, and ensuring compliance with regulatory requirements. With its user-friendly interface, REALSynergy simplifies the administration of loan accounts, allowing us... Read more about REALSynergy

Free Trial

NA

Pricing Type

Contact Vendor

Location

Luxembourg

Blend is a comprehensive loan origination software designed to streamline the mortgage and lending process for financial institutions. This platform offers tools for managing applications, verifying borrower information, and facilitating communication between lenders and applicants. With Blend, users can create a user-friendly online application process that enhances the borrower experience and re... Read more about Blend

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

nCino is an innovative cloud banking platform designed to streamline loan servicing and enhance the overall banking experience. This software offers a comprehensive suite of tools for managing the entire loan lifecycle, from origination to servicing and reporting. With its user-friendly interface, financial institutions can efficiently process loan applications, track progress, and communicate wit... Read more about nCino Cloud Banking Platform

Free Trial

NA

Pricing Type

$175 Per month

Location

United States

SBS Financing Platform is an advanced financial services software designed to help businesses manage their financing, lending, and financial transactions more efficiently. With SBS Financing Platform, businesses can easily track loans, grants, and other financial agreements, ensuring that every transaction is processed smoothly and accurately. The software includes features like loan origination, ... Read more about SBS Financing Platform

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

Linedata Capitalstream is a leading loan servicing software tailored for financial institutions seeking to optimize their lending processes. This robust platform provides a comprehensive suite of tools that automate and streamline loan origination, underwriting, and servicing, enhancing operational efficiency and customer satisfaction. Linedata Capitalstream’s user-friendly interface allows lend... Read more about Linedata Capitalstream

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

TValue is a specialized loan servicing software designed to enhance the management of loan portfolios for lenders and financial institutions. This comprehensive platform provides tools for tracking payments, monitoring loan performance, and ensuring compliance with regulatory standards. With features such as automated reporting, customizable dashboards, and real-time analytics, TValue enables orga... Read more about TValue

Free Trial

Available

Pricing Type

$60 Per user

Location

United States

Flex Engine is a robust lease accounting software solution designed to help businesses comply with accounting standards, manage leases, and streamline their financial processes. With the implementation of accounting standards like ASC 842 and IFRS 16, Flex Engine simplifies the complex task of lease reporting by automating calculations and generating accurate financial reports. The platform enable... Read more about Flex Engine

Free Trial

Available

Pricing Type

$350 Per user

Location

United States

FinFrog is a versatile loan servicing software that simplifies the management of personal loans for lenders and borrowers alike. It offers a full suite of loan lifecycle management tools, including loan origination, credit scoring, repayment scheduling, and collections. With FinFrog, lenders can automate key aspects of the loan servicing process, such as generating loan agreements, processing paym... Read more about FinFrog

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

Calyx Point

The industry’s leading LOS for mortgage brokers, Point covers the origination process from prequalification to closing, saving valuable time & money.

Calyx Point is a comprehensive mortgage origination and processing software developed to streamline the lending process. It stands out for its all-in-one approach, integrating loan processing, underwriting, and closing functionalities into a single, user-friendly platform. Calyx Point simplifies complex loan transactions with its intuitive interface, making it accessible for both beginners and exp... Read more about Calyx Point

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

ALFA Systems is a comprehensive loan servicing software designed to streamline the management of loan portfolios for financial institutions. This powerful platform offers a suite of tools for tracking loan applications, monitoring repayments, and managing customer accounts. With features such as automated workflows, real-time reporting, and compliance management, ALFA Systems enables lenders to en... Read more about ALFA Systems

Free Trial

NA

Pricing Type

$500000 Per user

Location

United Kingdom

Ocrolus is a Data Extraction Software designed to help businesses extract valuable information from documents and other data sources. The platform uses advanced AI and machine learning algorithms to process documents, identify key data points, and convert them into structured formats. Ocrolus supports a wide range of document types, including invoices, receipts, bank statements, and tax forms, mak... Read more about Ocrolus

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Xloan is a robust loan servicing software designed to streamline the management of loan portfolios for financial institutions and lending organizations. This platform offers a comprehensive suite of tools that enable users to automate the entire loan lifecycle, from origination to repayment. With Xloan, lenders can easily track loan applications, process approvals, and manage disbursements, ensuri... Read more about Xloan

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

LoansNeo

A Cutting-edge Loan Management Software by Salesforce

LoansNeo is loan servicing software that simplifies loan management, tracking, and reporting for financial institutions. The platform provides tools for managing loan applications, processing payments, and tracking repayment schedules, offering a comprehensive solution for loan servicing needs. LoansNeo’s automated features enable loan officers to set up payment reminders, calculate interest rat... Read more about LoansNeo

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

FinnOne is an advanced loan servicing software tailored for financial institutions and lending organizations. This comprehensive platform automates the loan management process, from application to disbursement and repayment. FinnOne offers features such as credit assessment, risk management, and customer relationship management, allowing lenders to streamline operations and enhance customer servic... Read more about FinnOne

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

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