Applied Business Software™ Offers Small Lenders State-of-the-Art Servicing Software with The Loan Office™ Launch

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Apr 22, 2014, 08:30 ET

LONG BEACH, Calif., April 22, 2014 /PRNewswire/ -- Applied Business Software^™ established in 1978 and creators of The Mortgage Office^™, the most reliable and robust software in the mortgage industry, introduces The Loan Office^™. The Loan Office^™ is specifically designed for smaller lenders who need a powerful and affordable solution for managing loans.

The Loan Office Screenshot (PRNewsFoto/Applied Business Software)

The Loan Office^™ is a state of the art system, ideal for managing loans, collecting payments, paying investors, printing statements and much more. Applied Business Software^™ (ABS) has been creating versatile solutions for private lenders, investors, brokers, mortgage lenders, attorneys, loan originators, fund administrators, note buyers, accountants, non-profits and municipalities for over 35 years. Anyone who manages any type of loan can benefit from the software's powerful feature set. ABS, with its market share, credibility, knowledge, and expertise in software design, set out to design a powerful and affordable software for loan servicing.

Some of the software's features include QuickBooks^™ integration, letter writing, conversation log, fully integrated document imaging and management system, contact management, reminder system, user defined fields, RESPA compliant escrow administration, unlimited unpaid charges per loan, payment processing (NSFs, payoffs, etc.), comprehensive year-end tax reporting (1098s, 1099-INTs, Canadian T5s), built-in financial calculator, context-sensitive help assistant, and a minimum 11 hour a day software support. ABS says The Loan Office™ is the answer for small lenders and their need for powerful, flexible, compliant, and affordable software.

"There has always been a need for powerful software for smaller lenders, and we understand the economics for small businesses when making these decisions," commented Jerry Delgado, CEO of Applied Business Software. "The Loan Office^™fills that gap. It allows customers to start out with an affordable solution, and then upgrade later to our larger enterprise, multi-module software The Mortgage Office^™, as their business expands and grows."

ABS builds on a sterling reputation for excellence with its latest software release. Customers will enjoy a system that is powerful, flexible and incredibly simple to use. The Loan Office^™ software streamlines the entire process for managing portfolios without introducing additional labor costs.

The Loan Office^™ officially launches on April 22^nd, 2014.

About Applied Business Software, Inc.

Applied Business Software, Inc. (ABS) melds 35+ years of system design, product development, customer service and technical support into the industry's most comprehensive and user-friendly loan software on the market. Our carefully designed systems and developed solutions serve companies of any size equally well, from large lending institutions to small independent offices.

Read more news from Applied Business Software, Inc.

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SOURCE Applied Business Software