A Free LOS? What's the Catch?
Why is LoanAce free?
At TeraVendo we are committed to providing you with quality compliant loan origination software. The Standard version of LoanAce is fully functional and free! For originators looking for a little more we now offer LoanAce PRO, at an exceptional price!
How can I help support LoanAce?
We generate revenue by connecting you to our EZORDER vendors. EZORDER is a patented system which electronically sends and populates service request forms. You can also help by ordering credit and merge liabilities through LoanAce, using your existing CRA account.
Do I have to use the providers in LoanAce?
No, but as mentioned above we depend on your support. Your support is immensely appreciated by our partnered vendors as well. If you have a vendor you would like to see in LoanAce, please forward their contact info to Vendor@LoanAce.com.
Will services cost more?
No. In fact, several of our preferred vendors offer negotiated discounts to LoanAce users.
Is this just a trial version?
LoanAce Standard is a fully operational version which we will continue to maintain with compliance related updates. Need more in your LOS? Learn about PRO.
Is there any support?
We recognize that providing exceptional customer service is essential to continue growing as the industry standard. Several resources are avaliable, including our online FAQ and the User Guide within LoanAce, to provide you with the basic support you may need getting started. If additional assistance is needed Live Support is now available for a small fee.
We depend on your feedback and welcome suggestions for new features or changes you would like to see in LoanAce.
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