The Loan Office

The Loan Office is a specialized software for lenders managing smaller portfolios of private or in-house financing. It logs borrower details, amortization schedules, and payment histories. Users can set variable or fixed interest terms, late fees, and balloon payments. Built-in statements can be mailed or emailed to borrowers. The system also supports escrow tracking and automated general ledger posting. A robust reporting feature shows delinquency summaries, interest earned, and ROI. By focusing on simplicity and cost-effectiveness, The Loan Office suits credit unions, microfinance, or private lenders handling limited loan volumes.