LendingQB

Who Uses LendingQB?

Banks, Credit Unions, and Home Mortgage Lenders.

What Is LendingQB?

LendingQB is a trusted mortgage loan origination system. It optimizes the origination process through browser-based software. LendingQB makes it easier than ever for lenders to deliver compliant loans as expediently as possible. A full suite of tools allows for ample customization while also ensuring full regulatory compliance. Click here to learn more about this mortgage loan origination system.

LendingQB Details

LendingQB

http://www.lendingqb.com

Founded 1998

Support

  • Business Hours
  • Online

Deployment

  • Cloud, SaaS, Web

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation
LendingQB video
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LendingQB pricing overview

LendingQB does not have a free version and does not offer a free trial.


Free Version

No

Free Trial

No

LendingQB Features

  • Amortisation Schedule
  • Client Database
  • Closing Documents
  • Commercial Mortgages
  • Contact Management
  • Credit Reporting
  • Customer Statements
  • Document Management
  • Electronic Applications
  • Government Loans
  • Loan Origination
  • Loan Servicing
  • Pipeline Management
  • Pre-Qualification
  • Refinance Management
  • Residential Mortgages

View full list of Loan Management Software

  • Audit Trail
  • Compliance Management
  • Customer Management
  • Document Management
  • Electronic Signature
  • Loan Processing
  • Online Application

View full list of Loan Origination Software

LendingQB Alternatives

More LendingQB alternatives

LendingQB Reviews

Showing 5 of 13 reviews

Overall
4.5/5
Ease of Use
4.6/5
Customer Service
4.5/5
Features
4/5
Value for Money
4.7/5
Troy W.
Chief Operating Officer
Financial Services, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    4/5
  • Customer Support
    4/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 15/8/2019

"Fully Customizable Loan Origination System"

Comments: LendingQB has enabled our company to run much more efficiently by pushing the file through the system with milestone and status updates. Departments can move through files much quicker, with the with assurance of accuracy due to workflow rules that we have in place.

Pros: The ability to fully customize processes, implement workflow rules, and fully integrate with most vendor systems is what I like most about LendingQB

Cons: Customer Support is often days or weeks to respond to building batch reports or trouble-shooting problems.

  • Reviewer Source 
  • Reviewed on 15/8/2019
Josh B.
Systems Administrator
Financial Services, 201-500 Employees
Used the Software for: 2+ years
  • Overall Rating
    4/5
  • Ease of Use
    5/5
  • Features & Functionality
    3/5
  • Customer Support
    5/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Reviewed on 19/8/2019

"LendingQB Review"

Comments: It has been a very good experience all the way from implementation until now. Very receptive to feedback and are willing to work with us on finding a solution to any problems we have. Constantly trying to make the product better.

Pros: Web-based, seamless integrations, amount of integrations, ease of use, excellent support staff, very little
system downtime, asking for our feedback regularly and continuously improving of the system.

Cons: Reporting, workflows, conditions/tasks, notifications, and audit could all be better. More granular control over the permissions and accesses to certain pages and functions in the system. Standard consumer portal is very dated.

  • Reviewer Source 
  • Reviewed on 19/8/2019
Belinda A.
VP Systems & Training
Financial Services, 13-50 Employees
Used the Software for: 6-12 months
  • Overall Rating
    3/5
  • Ease of Use
    5/5
  • Features & Functionality
    2/5
  • Customer Support
    2/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    3/10
  • Reviewer Source 
  • Reviewed on 23/8/2019

"ClearEdge Lending"

Comments: Satisfactory. There are some extremely talented people at the company!

Pros: We implemented in 45 days which is unheard of. There is a beauty in its simplicity, however it just doesn't have enough features for us to effectively manage our loans without developer intervention.

Cons: Lack of business rules that can control auto firing of field
Rigidity in reporting
Weak with compliance features
Lack of ability to customize
Too many screens
Not enough control over settings (have to go to LQB for a lot of things we would like to be able to manage ourselves)
Lack of developers with LQB experience out in the field

  • Reviewer Source 
  • Reviewed on 23/8/2019
Nicholas S.
Vice President
Financial Services, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 15/8/2019

"LQB is ready for the Prime Time"

Comments: LQB has enabled our sales staff to spend more time on the road being face to face with clients rather than being in the office to access or systems. My experience with LQB has been nothing short than stellar. The support staff is super friendly and always answers the phone in a good mood.

Pros: I like that it was a SaaS based service and completely hosted by them. Typically a SaaS based service that holds sensitive material is massive security hole. However, considering that LQB is a product of MeridianLink I can rest easy that our data is secure. Their integrations with vendors is top shelf and allows us to focus on bringing in more business rather than testing and implementing integrations. We used to be a report based company and now we are a queue based company. Being able to create custom Queues for our staff has almost eliminated our daily reports that we send out.

Cons: Because LQB is a SaaS based service we sometimes have to play within their walls. Most of the time its not a bad thing but there are times we have create a work around to complete the task we want. Not that big of a deal really.

  • Reviewer Source 
  • Reviewed on 15/8/2019
Alicia P.
Vice President, QC & Compliance
Financial Services, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    4/5
  • Features & Functionality
    4/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 16/8/2019

"LendingQB - 2 thumbs up!"

Comments: LendingQB has allowed us to increase our efficiency through vendor integrations - from the POS to pricing engine to processing services to document generation. It has allowed us to maintain a remote workforce due to the ease of paperless workflow and productivity reports. Easy to train originators on.

Pros: Great, easy to use reporting, customer support reps are extremely responsive & helpful, support site is excellent, many features are customizable through workflow rules. Cloud-based so no need to download any software or connect to a server. Support also has a "feature suggestion" queue. LQB is consistently updating features to keep pace with agency and government product changes. Many integrations across the spectrum of vendor types.

Cons: Although users are restricted based on their individual or role permissions, there is no warning alert or lock-out feature if more than one user is in the file at the same time.

  • Reviewer Source 
  • Reviewed on 16/8/2019