cmLending
Loan Origination, Loan Management, and Servicing Platform
By Cloud Maven, IncFinance
- Rating
- 5.0
- Reviews
- 7
- Pricing
- Paid
- From $75 per user per month
- Listed since
- 2023
About cmLending
End-to-End Custom Loan Management Software Native to Salesforce
cmLending brings together loan origination, loan servicing, syndication, and lease management on a single platform, modernizing the entire lending lifecycle. Lenders and brokers can collect digital loan applications, verify borrower data, automatically underwrite loans, and close loans much faster with fewer manual steps than before.
Once a loan has been funded, the platform naturally transitions to servicing by performing payment posting, amortization, draw management through Sitewire integration, and default workflow through Noteflow integration. Your teams receive accurate records, timely alerts, and a complete audit trail while managing large numbers of consumer, commercial and broker-led loans.
The platform helps alleviate the operational burden associated with managing everyday operations, support compliance, and provide a consistent borrower experience from the initial loan application to the final loan payoff.
✔️Digital loan applications with smart flows and prefill
✔️Automated underwriting, decisioning, and approvals
✔️Automated lender match and loan submissions
✔️Flexible loan modification, renewal, payoff capabilities
✔️Compliance-ready audit trails and dashboards
Highlights
- ✔️Built-In Origination System Accelerates Loan Intake Make intake smoother with dynamic forms, automated document collection, & instant KYC/KYB, credit, bank, OFAC checks. Keep borrower communication central to reduce manual reviews and speed decisions.
- ✔️Decision Rules Engine Automates Loan Underwriting Use flexible credit policies and a rule-based engine to evaluate and route applications by custom risk factors such as financial data, borrower eligibility, and more.
- ✔️Automated Lender Matching Increases Loan Approvals Improve funding efficiency by automatically matching & submitting loan deals to lenders. Use lender specific policy to package compliant files & submit applications via custom loan management software
- ✔️Automated Payment Posting Reduces Servicing Errors Automatically post payments, escrow, amortization, rate changes, late fees, deferral and custom charges. Loan servicing provides up-to-date balance and accurate calculation history over the loan term.
- ✔️Structured Workflows Improve Collections and Compliance Use structured workflows to improve collections and default management. Create assignments, notices, apply penalty interest and track recovery actions. Provide audit trail for compliance reporting
- ✔️Draw Management Covers Refinancing and Loan Payoff Loan servicing manages refinancing, maturity extension, rate changes and payoff processing. Simplify complex servicing events to improve cash flow, reduce operational risk & improve borrower experience
- ✔️Automatic Calculations Drive Investor Payment Accuracy Log and track each investor's contributions and payments using calculations for principal, interest and fees. Ensure receipt tracking is clear, distributions are timely and accounting is precise.
- ✔️Automated Capital Allocation Gives Investors Full Transparency Combine loan funds and distribute ownership among investors through syndication. Sync contributions and fund allocations without needing spreadsheets for transparent capital management.
- ✔️Real-Time Reporting Track loan and investor performance with audit-ready dashboards. • Automate 75%+ of loan workflows • Process credit, payments, and KYC in under 2 minutes • Reduce manual effort by 70%+ • Cut IT and cost operations by 50%+
Screenshots
Image 1 of 15
Pricing
Paid, from $75 per user per month.
| Plan | Price | Billed |
|---|---|---|
| Default Plan | $75 per user | Monthly |
Lending Manager is a seamless loan origination and loan servicing solution with 100+ API integrations - from initial application to final funding to loan management— Lending Manager empowers you to navigate the entire lending landscape confidently.
The publisher offers discounts.
Compatibility
- Works with
- Sales Cloud
- Experience Cloud
- Financial Services Cloud
- Requires
- Platform Cloud
- Experience Cloud
- Financial Services Cloud
- Salesforce editions
- Professional
- Enterprise
- Unlimited
- Salesforce Platform
- Lightning Experience
- Supported
- Salesforce mobile app
- Supported
- Salesforce security review
- Passed on January 11, 2024
- Industries
- Automotive
- Financial Services
- High Tech
- Languages
- English
- French
- Spanish
More Finance apps
The most reviewed Finance apps on the AppExchange, to compare before you choose.