Margill Loan Manager
Review of Margill Loan Manager Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
Overview
About Margill Loan Manager
Margill Loan Manager Screenshots
Margill Loan Manager Features
Margill Loan Manager Integrations
Customer Reviews
See why people love Margill Loan Manager
Sheri L.
Verified UserUtilize software to administer 4500+ client mortgage files. This software has been exceptional.
Used daily for more than 2 years
- Margill representatives have been very good with us
- Pros are ease of entry of information onto the system, ease of creation of custom reports for export and merge(s), flexibility of the software/program providing options for subsidized loan payments, actual loan payments and ability to enter multiple interest rates and ability to change interest rates as well as the feature to have multiple loans under one client (borrower)
- We have been using this software since 2012 and it has been flexible enough to accommodate loans and mortgages with very specific idiosyncrasies
- Any and all issues encountered with the software and/or system performance have been resolved in a timely/professional manner by Margill representatives
- We have experienced a few minor performance issues over the years, however, they have been dealt with and addressed satisfactorily in a timely manner each time with great support from Margill representatives
- We have been able to access and use the software everyday since installation with any downtime being minutes to hours, not days
- WE CAN NOT AFFORD ANY DOWNTIME WITH OUR LOAN SYSTEM
Luke W.
Verified UserFinancial Services · 2-10 employees
Positive for the whole time we have used it
Simple, low cost solution. Great for a start up or small business to manage all types of loans. It has helped us grow out customer base substantially and keep clear records of all the transactions.
- The ability to add-in unlimited fields for information gathering, record keeping and future analytics is really helpful
- The calculations are correct and there are variations to the standard loan amortisation calculations which suites some alternate situations
- Most of all we have really appreciated the high level of support provided by the Margill team and the low cost to implement and use the software
- Simply that is was a new system and therefore just navigating around it was a unique experience but if you can get used to all the shortcuts etc it is actually really simple
- The main item we miss is the ability to access within a web browser as it needs to be hosted somewhere
- The offset of this is you, the user, have more security of data
Pauline C.
Verified UserReview for Margill Loan Manager software
The Prescott-Russell Community Development Corporation (PRCDC) has been using Margill Loan Manager software since 2013. With Margill, we can create reports for all our needs and the needs of our clients, whether for a general or specific report, with the huge field base, equation management, standard or tailored reports. The calculation tables (depreciation) are clear and very precise. Even tasks such as correspondence, databases, global calculations, individual calculations, and billing are done with ease. It is a user-friendly, professional software, and a charm. We would also like to note that the support of the Margill team was and is still phenomenal and on behalf of the SDCPR, we thank you.
Christopher C.
Verified UserBanking · 2-10 employees
Margill is Great Value
Margill has been great and is a welcome option for us. It takes some getting used to but its value and functionality are what make the system work well.
- The price, ease of use, and over functionality
- It is right-sized for my company and has many great features such as a document merge and versatile customization
- How the information is presented takes some getting used to and there are some details of the system that do not agree with how the information should be presented or what is expected
- [SENSITIVE CONTENT HIDDEN] offered several work arounds for us and we are looking at these options now
Switched From
Old, unsupported system was in need of replacement.
Why they chose it
"Value and functionality."
Rainbow Z.
Verified UserReal Estate · 2-10 employees
good product
Verified reviewer
- Easy to customize the software yourself to meet your needs
- Hope it can eventually become an accounting system that specific in mortgage
Switched From
Hard to customize. The system wasn't able to adjust into our need.
Arlyn P.
Verified UserGambling & Casinos · 51-200 employees
Excellent Software for Loan Management
Margill Loan Manager has simplified the way we manage our loans, saving us time as we don't have to create separate Excel amortization tables or go to a separate documents to post interests; we can keep all the loan information in just one place, and the information/reports are accurate. Great software and excellent customer service!
I love that this software is user friendly, easy to use, to learn and to manage the loan data
So far, this software is perfect for our Company; the only inconvenient I have experienced is that when listing several payments due on the same date, the report only takes the first listed amount
Michel D.
Verified UserFinancial Services · 11-50 employees
Responding to our needs in Loan MANAGING. Very user friendly.
Help our co. to expand faster and help every department to improve quality work.
- Affordable and easy to install
- No bug and no high costs developping
- Time for training was very low and everyone was happy to use a so powerfull tool
- Letters and documents should be improved as
- doc instead of
- rtf , but it is working like it is
- We would have purchase this software many years before if we knew it was available on the market
Maxime S.
Verified UserBanking · 2-10 employees
The right fit for a small mortgage loan company like Financière Victoria
Verified reviewer
- I can't imagine going back to an Excel & check protocol
- Margill allowed our company to grow and streamline the process
- It is very easy to use for me and my assistants
The possibility to access the database remotely could be a must, especially in Covid time
Alanna L.
Verified UserFinancial Services · 11-50 employees
A great loan management system
Margill has been hugely helpful for my firm, helping us to keep track each bespoke deal when our firm is growing at a fast rate.
- Margill has all the main features we needed: the ability to book loans and equity deals, fees, build alerts and reports
- It is great value for money
- [SENSITIVE CONTENT] at Margill has been a delight to work with, he has been incredibly helpful helping us adapt Margill to suit our firm
It would be great if we could use Margill to calculate risk on our deals: principal repayment profiles for the portfolios, interest rate sensitivity analysis and credit analytics
Why they chose it
"The features, the price and the team."
Mickey M.
Verified UserThe Margill team is very responsive and has demonstrated flexibility whenever needed.
Used daily for more than 2 years
- Our company needed custom software that was difficult to find in the open market - we chose to purchase Margill which did not meet our exact needs out of the box, however, the team crafted a customized solution that has served us well
- Cust Support and the team understand client needs and provide a personalized experience
- It would be great if the software evolved to have some more CRM functions in the future
- Otherwise, as far as a loan management system is concerned, this is a good option
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