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   Loan Trak Pro Description

 

A full-featured loan portfolio management application that tracks loan principal and interest accruals, payments, late fees, and other fees/costs, charges, or credits.

You can set up individual billing instructions for each loan account and generate bills & past-due notices for normal P&I, interest only, or FIXED principal payments plus accrued interest on a monthly, quarterly, semi-annual, annual, weekly, bi-weekly, or semi-monthly basis. Payoff amounts are always available (with the current PerDiem), as are accrued interest, late fees, and other fees/costs due, along with interest paid year-to-date & life, late fees paid year-to-date & life, and other fees/costs paid for life.


 


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