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If I were to make a loan servicing platform and didn't want to build a ton of custom code, what should I explore? My firm uses SQL server and I am mostly prof
by plj5003 7y ago
If I were to make a loan servicing platform and didn't want to build a ton of custom code, what should I explore? My firm uses SQL server and I am mostly proficient in Python. Essentially I have built everything from scratch for the loan products we service. Looking for something I can integrate quickly but has industry support and complies with the SBA loan constraints.
TL:DR Any SBA loan servicing platforms for SQL and/or Python I can use to hit the ground running to service a SBA loan?
Also: my manger had me look at xleratordb for financial calculations and it seems to have a good amount of what I need to get started. Looking for input though. Thanks! -PJ
- blueblisters 7y agoAre all 1800 SBA certified lenders going to independently develop their own loan servicing platform? Seems like a waste of time/energy. You might want to reach out to existing loan origination/servicing software vendors. They could already have a solution in the works that would save you considerable amount of time and money.