PROM LoanMaker® Products

[Click here to try it!]

New LoanMaker i23a WebService

 

LoanMaker products are designed for professionals in the lending business.

They contain precise, federal and state-by-state methods of calculation for credit insurance and interest charges, Truth-in-Lending Federal disclosures, and related calculations.

See Description of Installment Loan Calendar Systems for details on calendar systems (some products do not offer all systems).


Product Description Web
Services
Handheld

LoanMaker® Loan Calculation Programs

Installment Loans with single-premium credit insurance with prorate capping, gross & net insurance, including truncated.
(For all 50 states).
i23a 623A
Installment Loans with truncated single-premium credit insurance and level-excess/pro-rate capping (new version for revised 2001 New York Regulation 27). i23n 623N
Installment Loans with MOB/ Debt Cancellation insurance . i23p 623H
Automotive Loans & Leases
Retail and balloon loans, with dealer reserve, credit insurance, monthly, weekly & biweekly payments.
i27b 627B
LoanMaker SP
Computes regular, irregular and skip payment loans.
LMSP & i23d  

APR Check and Loan Validation Programs

APRChecker Routines
Validates the APR and other Federal Regulation Z disclosure items.
Coming
soon
627B

 LoanMaker WebServices

Our installment loan calculations are now available as WebServices. The LoanMaker WebServices products computes installment loans with credit life and disability insurance.

In addition to running on client PC's with a web browser, it is also designed as an Engine, to be run in the background from either a front-end or back-end system. Computed results are returned in XML format.

Virtually any kind of installment loan can be computed -- skipped payments, pickup payments, irregular payment amounts and/or patterns, and optional balloon payments.

Multiple insurance or debt cancellation plans can be included.

For detailed information about this product,
see PROM WebServices.

17 Feb 2015