Compare the Top Free Loan Servicing Software as of May 2026

What is Free Loan Servicing Software?

Loan servicing software is a platform designed to manage the lifecycle of loans, from origination to repayment, ensuring that borrowers' accounts are properly maintained and all financial processes are in compliance with regulations. These tools help lenders automate tasks such as loan disbursements, interest calculation, payment tracking, and collections. Loan servicing software typically includes features for managing payment schedules, generating statements, handling delinquent accounts, and providing customer support. It can also offer reporting and analytics to monitor portfolio performance, loan defaults, and other key metrics. By automating loan servicing tasks and ensuring accuracy, these solutions improve operational efficiency and enhance the borrower experience. Compare and read user reviews of the best Free Loan Servicing software currently available using the table below. This list is updated regularly.

  • 1
    Plaid

    Plaid

    Plaid

    Plaid is a global fintech infrastructure platform that enables businesses and consumers to securely connect to financial data and services. Through APIs that connect to more than 12,000 financial institutions across 20+ countries, Plaid operates the world’s largest open banking data network. By removing the complexity of direct bank integrations, Plaid enables developers, financial institutions, and enterprises to build secure, user-friendly, and conversion-optimized financial products. Plaid powers payments, lending, identity verification, fraud prevention, and personal finance applications. Today, more than 100 million people worldwide, including half of U.S. adults, have relied on Plaid through their connections to over 7,000 apps and services.
    Starting Price: Free
  • 2
    ezyCollect

    ezyCollect

    ezyCollect

    If you're looking to improve your accounts receivables and cashflow, turn to to ezyCollect, a secure, cloud-based accounts receivable and debtor management solution. Trusted by more than 1,000 companies worldwide, ezyCollect automates the tedious tasks in accounts receivables so that organizations can spend their precious resources on their core business. It comes with a host of features to help businesses get paid faster and easier, including pre-reminder communications, overdue reminders, online payment processing, and escalation to debt collection. The platform also integrates with leading accounting software, Xero and myob.
    Starting Price: $25.00/month
  • 3
    JMB Lending

    JMB Lending

    JMB Lending

    JMBLENDING will help individual lenders and lending companies to manage their business anytime, anywhere. Keep on track of your business anywhere and anytime. Create accounts of your branches, admins, employees and collectors. View a complete summary of your Collection, Loan, Expenses and Income Reports. Avoid lapse for the system will only run your inputs. Generate fast reports with accounting formula, hassle-free. One-click report and one-click print. Dynamic reports for your different branches and areas. Organize your employees in different Branches with different Areas. Set up their Accounts that differ their privileges in the company. Start your own Business with trusted lending system and secured database. Organize your employees in different Branches with different Areas. Set up their Accounts that differ their privileges in the company.
    Starting Price: $15 per month
  • 4
    FINSYNC

    FINSYNC

    FINSYNC

    FINSYNC’s mission is to help small to midsize businesses grow and succeed with innovative software and unmatched service. Our payments platform helps businesses centralize control of payments, and our complete solution for payments, invoicing, bill pay, payroll, accounting, financing, cash flow management and services helps businesses grow in new and empowering ways. We deliver unmatched service through a virtual community of specialists who share our commitment to helping entrepreneurs succeed. Get matched with a financial professional that’s best positioned to help you grow for unrivaled support with bookkeeping, accounting, human capital management, financial analysis and corporate strategy. Businesses that use FINSYNC benefit from improved operational efficiency, lower operating costs, better analytics, better service and quicker access to lower-cost capital delivered through the FINSYNC Lending Network.
    Starting Price: $10.00/month
  • 5
    SYNDi Loan Manager

    SYNDi Loan Manager

    IndusFlow Systems

    SYNDi Loan Manager is a powerful software package that streamlines every function in loan administration. Once you set up the loan, SYNDi takes over. It funds the loan, bills the borrower, receives payments, and continues the loan life cycle until the loan is renewed or discharged. SYNDi Loan Manager services loans funded by a single lender. It is typically used by finance and leasing companies, credit unions and private lenders. When a loan is set up and funded, loan installments and monthly payments are calculated until the loan is paid off. The system can generate reports, track missed payments, process returned checks, and creates journal entries to be exported to your accounting system. You may also link mortgage loans to real estate properties and calculate Loan-To-Value Ratios. SYNDi Loan Manager can be used as a stand-alone application or a multi-user application. SYNDi Loan Manager can be integrated with your existing Sage 300 ERP (Accpac) system.
    Starting Price: $5000.00/one-time/user
  • 6
    Land Gorilla

    Land Gorilla

    Land Gorilla

    When it comes to managing safe, fast and profitable construction loans, experience matters. Land Gorilla is the only construction finance software provider that uses our own technology every day to manage construction loans. We innovate dramatically faster than ordinary software developers, providing our customers first access to industry-leading technology advancements. Be the first with game-changing product experiences to delight your customers and drive down the cost of managing construction loans.
    Starting Price: $250 one-time payment
  • 7
    Blueprint

    Blueprint

    Blueprint

    Dramatically faster calculations improve turn times. Clear analysis reports eliminate time wasted debating income. Get all your underwriters using the same calculations. Ensure all income guidelines are followed. Comprehensive training and testing of underwriters for building up and quantifying knowledge. Don’t guess what your underwriters know, measure it. Blueprint is software to power your underwriting and processing teams. Unburden your team from remembering guidelines for multiple agencies. Never make a math error again. Much like personal tax software, Blueprint guides users through entering borrower income from tax returns, bank statements, and other documentation. Blueprint crunches all the numbers and gives you a clean report you can upload into your document system or LOS.
    Starting Price: $3 per loan
  • 8
    Loandisk

    Loandisk

    Loandisk

    Cloud based lending software that is secure and easy to use. Manage all your customer loans and repayments in one place. Spend less time doing admin work and more time growing your business. View loan details including repayments, loan terms, loan schedule, collateral, files, and comments. You can also print loan statements and schedule for your borrowers. Set loan fees, grace period, and penalties. See a snapshot of the loan on one page. You can even Send SMS to the borrower. Create savings account for your borrowers and add transactions such as deposits and withdrawals. You can also print savings statement and give this to the borrower. The system will automatically add interest to the savings account depending on your savings product.
    Starting Price: $30 per user per month
  • 9
    Third Eye

    Third Eye

    Third Eye Solutions

    Our Premium Finance Software goes beyond quoting and billing. Its an enterprise loans management system providing for cash management, receivables tracking, income monitoring, client servicing, compliance and financial reporting. Gain peace of mind with an enterprise-grade solution designed specifically to handle the workflow and scenarios associated with payment plans for healthcare. Custom built for Realtor Commission and Commission Advances; our platform focuses on reducing operations overhead while maintaining superior relationship management with your clients. A single platform connecting service providers, dealers, carrier and clients; offer tailored payment plans; service the contract and stay on top of the business. Third Eye Solutions’ undisputed industry knowledge, state-of-the-art technology platforms, and ability to guarantee rapid speed to market have made us the leader in the industry. Our commitment to our clients is unparalleled!
  • 10
    LoanCirrus

    LoanCirrus

    LoanCirrus

    Automation doesn't have to be impersonal. Smart automation gives you more time to provide service that's more personal, where it matters most. LoanCirrus helps you manage and run each aspect of your lending business. Full spectrum automation — customer onboarding & compliance, application processing, loan servicing, collecting repayments and providing analyses and reporting for betterment. Create unique lending products from multiple interest calculation methods. An experienced team takes you from ideation to implementation. This was always the goal. Some lost their way. LoanCirrus gets you back on track. Integrate with external agencies for KYC, AML and other compliance needs. Automate documents natively or integrate with others.
    Starting Price: $29.99 per month
  • 11
    Invoice Cloud

    Invoice Cloud

    Invoice Cloud

    Invoice Cloud provides a complete, simple, and secure electronic bill presentment and payment solution. Our SaaS platform provides flexible and always-up-to-date online payment solutions that can be configured to meet the unique needs of your organization. And our simple-to-use interface engages customers throughout the payment process to deliver your highest ever e-payment adoption rates. With Invoice Cloud, your customers can move seamlessly from paper to paperless. Our platform drives the industry’s highest adoption rates, enabling significant benefits for our clients.
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