Bryt Software

Bryt Software Features

Loan Tracking

• Automates calculations to eliminate errors
• Enables visibility of payment statuses
• Generates professional statements, notices, and letters
• Offers real-time detailed accounting access for each loan

Loan Servicing

• Automates and streamlines loan servicing tasks
• Supports various loan products including installment, secured, and lines of credit
• Accommodates multiple loan types like term, revolving, and pool
• Automates ACH payments, late fee, and NSF processing
• Includes lender and borrower portals with real-time reporting
• Allows flexible configuration of services, fees, and charges

Loan Origination

• Provides automation tools for credit assessment, approval, and loan funding
• Displays complete loan pipeline in real-time
• Centralizes creation, uploading, and storage of loan documents

Add-On Modules

• Custom User Field Module: Create unlimited custom fields within the Bryt system for loans and borrowers
• Custom Documents Template Module: Create custom document templates using MS Word and Bryt merge fields
• Impound/Escrow Module: Collect and pay property taxes, insurance and other expenses on behalf of your borrowers
• Asset and Insurance Tracking Module: Maintain a record of assets. Notification of insurance policy expiration and tax payments due
• Lender Service Fee Module: Collect one-time or recurring fees and designate who receives the proceeds
• Borrower Portal Module: Private-labeled portal for your borrowers to make payments and manage their account
• Data Import Module: Bulk import contacts, loans, payments and more

Bryt Software Pricing

The cost of Bryt Software starts at $59/month (base product, 1 user). New users can be added for an additional monthly fee. There is a free trial available.