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Loan Servicing Software
LoanShark reviews and summary
LoanShark by Data Designs is a focused mortgage loan management tool dedicated to tracking loan income and amortization schedules. Its primary function is to meticulously keep track of monthly mortgage payments received from borrowers. The software likely automates the posting of these payments, updates loan balances, and manages the amortization schedule to reflect principal and interest allocations accurately. It serves as a specialized ledger for mortgage investors or servicers who need a straightforward system to monitor cash flow from a portfolio of mortgage notes, ensuring all payments are recorded and accounted for correctly against the expected repayment plan. LoanShark is intended for individual mortgage note investors, small portfolio landl...
Best for
LoanShark is intended for individual mortgage note investors, small portfolio landlords, or private lenders who own a set of mortgage loans and need a simple, dedicated tool to track payment receipts, manage amortization, and monitor the income generated from their mortgage assets.
Starting price
$69.00 One-Time
Category
Loan Servicing Software
Vendor
Data Designs
Key takeaways
Our verdict
Our verdict is that LoanShark is a niche, no-frills solution for a very specific task: tracking mortgage payments. It appears to be a straightforward utility for investors who prioritize simple, accurate payment logging over broader loan servicing or origination features, making it a basic but potentially effective tool for its intended purpose.
Quick facts
LoanShark at a glance
Overall rating
1/5
Reviews
1
Starting price
$69.00 One-Time
Vendor
Data Designs
Founded
1991
Location
United States
Category
Loan Servicing Software
Ratings
LoanShark ratings
Ratings in this section summarize available rating data. Software reviews are shown separately when users submit reviews.
Decision notes
LoanShark pros and cons
Potential strengths
- Clear buyer-fit positioning is available in the profile data.
- Starting price is available in the profile data.
Points to verify
- Confirm current pricing, contract terms, and included plan details with the vendor.
- Confirm product-specific availability for category-level features before buying.
- There are no written reviews for this software yet.
Buyer fit
Who uses LoanShark?
LoanShark is intended for individual mortgage note investors, small portfolio landlords, or private lenders who own a set of mortgage loans and need a simple, dedicated tool to track payment receipts, manage amortization, and monitor the income generated from their mortgage assets.
Feature research
LoanShark features
These are common features buyers compare in Loan Servicing Software. Product-specific availability should be confirmed with the vendor.
Accounting Integration
Native financial tracking or seamless connection with external accounting software.
Loan Amortization Schedule
Generate a detailed loan payment table, including dates, principal and interest amounts, and outstanding balance.
Vehicle Auto Loans
Financial products designed to fund the acquisition of motor vehicles.
Automated Funds Distribution
Automated, periodic transfers of funds to and from a borrower's financial account.
Borrower Information System
A central, searchable repository for managing information related to loan applicants and borrowers.
Commercial Business Loans
Financial instruments specifically for funding business-related expenditures.
Loan Collateral Tracking
Connect and monitor collateral details tied to single or multiple loan agreements.
Debt Collection Oversight
Monitor and oversee the recovery of delinquent customer accounts and past-due payments.
Compliance Monitoring
Monitor and address policy non-compliance across services, products, or supplier activities.
Project Construction Loans
Financial products designed to fund various construction endeavors.
Centralized Document Control
Gather, store, and distribute documents within a unified hub to improve data accessibility for all stakeholders.
Automated Investor Management
Automated system for managing payments and generating reports for investors.
Pricing
LoanShark pricing
Starting price
$69.00 One-Time
Visit Website
Pricing model: Flat Rate
Pricing can change. Confirm current plans and terms with the vendor.
Compare
LoanShark alternatives
Compare LoanShark with other Loan Servicing Software tools that buyers often evaluate.
The Nortridge Loan System by Nortridge Software
The Nortridge Loan System is built for established lenders who need a platform that can handle complex portfolios across multiple loan types—consumer, auto, commercial, and more. I...
Mortgage Automator by Mortgage Automator
Mortgage Automator positions itself as the most advanced end-to-end loan origination and servicing software built for North American private lenders. It is specifically tailored fo...
AutoPal Software by AutoPal Loan Servicing Software
AutoPal Software is a top-rated, comprehensive loan servicing platform designed for a wide array of lending verticals including auto loans, title loans, consumer financing, and har...
Margill Loan Manager by Jurismedia
Margill Loan Manager is a highly sophisticated yet affordable loan servicing software known for its powerful mathematical engine and exceptional visual reporting. It is designed to...
LoanPro by LoanPro
LoanPro offers a unique, truly API-based lending solution for the mid-market and enterprise segments in the US and Canada. Hosted on Amazon Web Services (AWS), it is engineered to...
Loandisk by Loandisk
Loandisk is a cloud-based, online loan management system developed specifically for microfinance institutions (MFIs) and lending companies focused on small-ticket loans. It provide...
TValue by TimeValue Software
TValue, by TimeValue Software, is a specialized amortization and financial calculation solution. It assists businesses in structuring and tracking loans and leases, creating profes...
Software reviews
LoanShark software reviews
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FAQ
LoanShark FAQs
LoanShark by Data Designs is a focused mortgage loan management tool dedicated to tracking loan income and amortization schedules. Its primary function is to meticulously keep track of monthly mortgage payments received from borrowers. The software likely automates the posting of these payments, updates loan balances, and manages the amortization schedule to reflect principal and interest allocations accurately. It serves as a specialized ledger for mortgage investors or servicers who need a straightforward system to monitor cash flow from a portfolio of mortgage notes, ensuring all payments are recorded and accounted for correctly against the expected repayment plan.
LoanShark is intended for individual mortgage note investors, small portfolio landlords, or private lenders who own a set of mortgage loans and need a simple, dedicated tool to track payment receipts, manage amortization, and monitor the income generated from their mortgage assets.
LoanShark pricing is listed from $69.00 One-Time. Pricing can change. Confirm current plans and terms with the vendor.
LoanShark is listed in Loan Servicing Software.
LoanShark is listed with Data Designs as the vendor.
Buyers often compare LoanShark with other Loan Servicing Software tools such as The Mortgage Office, The Nortridge Loan System, Mortgage Automator, AutoPal Software. Review ratings, pricing, and fit before choosing.
Yes. Use the Write a review button on this page to submit a software review for LoanShark.
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