LendingPad Reviews in January 2025: User Ratings, Pros & Cons

"Lendingpad is an essential part of our business! I cannot imagine going back to using encompass."

What do you like best about LendingPad? Great customer service, support is always quick to respond to tickets What do you dislike about LendingPad? Errors from creating business rules. AUS errors What problems is LendingPad solving and how is that benefiting you? It allows me to quickly write loans without having to wait for encompass to load, also the reports make it easy to check on activity

"Does the job"

What do you like best about LendingPad? Being able to run AUS prior to sending out preapprovals. Having it internet facing so that I can access it from other places Feels modern vs calyx which feel like its from the 90s What do you dislike about LendingPad? If you have it open for too long, you cannot save your work as it caches too quick. The support team has been a bit rude before. Entering numbers can be finicky and will delete them out What problems is LendingPad solving and how is that ...

"Lending pad has simplified the loan process"

What do you like best about LendingPad? We like how everything from the credit report to the underwriting conditions are saved in one spot. At first, coming from Encompass, there was a learning curve, but once you get the hang of it, there is no turning back. What do you dislike about LendingPad? We dislike that you have to search for each person in your pipeline. It used to not be like this and we hope they will update it again to where your current loan pipeline is in one place. What ...

"Lending pad has made my pre approval process with clients so much easier then the previous company"

What do you like best about LendingPad? I like how it tracks all my passed leads, current and future clients. What do you dislike about LendingPad? It does glitch sometimes which I know will be fixed. What problems is LendingPad solving and how is that benefiting you? Keeping all my clients organized in one location is helping me a lot.

"Easy to Learn, Tremendous Support"

What do you like best about LendingPad? The platform has excellent support staff who can Identify issues and resolve them quickly. What do you dislike about LendingPad? when i don't have files to enter in the system, they have made everything that simple it is a joy to work with What problems is LendingPad solving and how is that benefiting you? The ease of running automated underwriting system is huge.

"Everything mortgage professionals need in one place"

What do you like best about LendingPad? Lending Pad eliminates the need to bounce from different platforms when originating loans. Borrower's application information, documents, conversation and audit history, required disclosures, third-party information, etc., can all be found while accessing The Lending Pad from ANY device. The response team for your user questions is always quick and thorough. Very user friendly. What do you dislike about LendingPad? I do not have any issues while using ...

"Easy to navigate"

What do you like best about LendingPad? the navigation makes sense and the error popups let you know what needs fixing What do you dislike about LendingPad? sometimes the way the error has been set out makes it a little hard to follow when you are in a hurry, dot points would be fantastic What problems is LendingPad solving and how is that benefiting you? easy loan prequalifying

"Lending Pad = Easy workflow"

What do you like best about LendingPad? Truly web-based you can even do an application on your phone. Troubleshooting is quickly and easily resolved using the chat box. Easiest platform compared to Calyx-Encompass-other propriety platforms What do you dislike about LendingPad? Lenders don't interface directly with lending pad. One click upload. What problems is LendingPad solving and how is that benefiting you? Pricing interface being merged with lending pad so you don't need to log into a ...

"Intuitive software"

What do you like best about LendingPad? It isn't Point. And you have online chat to answer questions as they come along What do you dislike about LendingPad? Updates to mortgagee clauses can be delayed What problems is LendingPad solving and how is that benefiting you? It is mobile and doesn't have any glitches like Point. I could not even do an LE that was accurate with Point.

"Reliable and Quick Tech Support"

What do you like best about LendingPad? The tech support team is a chat away. They are very quick to respond and know the solutions and solve for all issues. What do you dislike about LendingPad? The layout or format of the screen. The flow of how to open tabs and get to the fields is a bit annoying. It's not easy to follow with the eyes. What problems is LendingPad solving and how is that benefiting you? Call Reports for NMLS. It's convenient enough to run my Call Reports on a quarterly basis.