Note & seller-finance management
Nortridge Software
Nortridge Software makes the Nortridge Loan System (NLS), loan servicing and management software for lenders with complex portfolios. It manages loans from boarding through payoff, covering balances, interest, fees, schedules and transactions, with configurable workflows, loan terms, business rules, user permissions and servicing processes.
The platform handles payment processing over ACH, debit and credit cards and cash through PayNearMe with custom payment waterfalls, collections workflows and borrower activity tracking, escrow analysis, participations, multiple book accounting, and reporting with access to over 150 standard reports. Loan origination is now integrated, so application, underwriting, servicing and payoff run on one platform, and the system also integrates with existing origination platforms, general ledger software and bank lockbox services.
A consulting arm handles implementation project management, integrations, document and statement configuration, borrower-facing web interfaces, and custom reports built in Nortridge format or with SQL Reporting Services, ActiveReports or Cognos Impromptu. Its implementation methodology covers infrastructure, configuration, data conversion, development, security, validation, training, rollout and maintenance. Deployment is either SaaS on SOC II compliant, geographically redundant data centers, or an enterprise license for public cloud or a private data center.
The company says it has served lenders for over 40 years, manages more than $750 billion in active loans, and keeps support 100% US-based. Pricing is published, starting at $1,200 per month for up to three full users plus a $1,750 one-time setup fee. The corporate office is at 27422 Portola Parkway, Suite #360, Foothill Ranch, CA 92610.
Best for
Lenders, note funds and servicers whose loan structures break simpler systems - participations, multiple book accounting, escrow, custom payment waterfalls - and who can carry a platform that starts at $1,200 per month. Too heavy for a handful of notes.
What they do
- Loan servicing and portfolio management (Nortridge Loan System)
- Integrated loan origination
- Payment processing via ACH, cards and cash
- Collections management workflows
- Escrow analysis module
- Participations module
- Multiple book accounting
- Reporting and dashboards with over 150 standard reports
- Implementation consulting, integrations and custom reports
- SaaS hosting or enterprise licensing
Details
| Attribute | Value |
|---|---|
| How they charge | Starts at $1,200 per month for up to three full users, plus a $1,750 one-time setup fee; additional full users are $400 per user per month. |
What stands out
- Says it has served lenders for over 40 years and manages more than $750 billion in active loans.
- Says support is 100% US-based.
- Includes access to over 150 standard reports.
- Publishes pricing: from $1,200 per month for up to three full users, plus a $1,750 one-time setup fee.
- SaaS deployment runs on SOC II compliant, geographically redundant data centers.
Common questions
- How much does Nortridge cost?
- Pricing starts at $1,200 per month, which includes up to three full users. Additional full users are $400 per user per month and read-only users are $57 per user per month. A one-time setup fee of $1,750 covers server hardware, database setup, a test environment, web services and up to 3 hours of training and configuration. Final cost depends on user count, selected modules, deployment model and whether additional services are required.
- Is Nortridge a loan origination system?
- Nortridge offers a fully integrated origination system and also integrates with existing LOS platforms to support post-origination servicing, workflow automation and reporting. LOS integration is priced at $10 per funded application with a $300 per month minimum, plus a setup fee that varies.
- What deployment options are available?
- Two. SaaS hosting is SOC II compliant, runs on geographically redundant data centers with direct customer data access, and starts at $1,200 per month. An enterprise license covers public cloud or private data center deployment with dedicated IT management options and seat- or volume-based pricing quoted by the sales team.
- What add-on modules are available?
- Participations, escrow analysis and multiple book accounting are each $115 per month for 1-5 users and $225 per month for 6-10 users. SQL data table access is a $220 one-time setup with monthly access at $280 per month or $28 per full user.