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 fees, 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 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 for the business version (base product, 1 user). New users can be added for an additional monthly fee. The professional version starts at $130/month, and the enterprise version starts at $500/month. There is a free trial available.