Moneylender Forums

The answer is complicated, buckle up! In Moneylender there’s a division between “settings type records” and “transaction type records”. Settings records are anything you can create and edit – everything on the Settings and Payments tabs, for example (payments, principal, escrow, adjustments, late fe...

On one of our loans the borrower made a $3000 payment and on the payment distribution it shows the $3000 going to principal but on the investor report for that month it only shows the regular payment amount not the full payment that was made in that month. Assuming that it carried forward I ran an i...

For lenders that might need to send an annual report to stay in compliance with local laws, I've attached a template to this post that will serve as a good starting point. IMPORTANT - FOLLOW THESE INSTRUCTIONS TO INSTALL If you skip steps on these instructions, you may have trouble adding this templ...

An update added the menu option - Loan > Mark Loan Current. This will add an adjustment on the date before the current due date to wipe out all the past due amounts.

In Moneylender, only the “Statement, Letter, or Contract” template type doesn’t require some special information. Those are the templates that can be printed from the Servicing menu (that includes printing from Print Any Template and choosing one). All other types of template fit into other places i...

Add a strong password to your portfolio – Portfolio > Configure Portfolio Users > add a user account for yourself and give it all the permissions and choose a really strong password > click Save. ml3 create user.png Now select yourself and click the Primary (star) button to mark your account as a fi...

I’d like to talk to you about this. My issue is that I’m trying to determine how to secure the data. Since I am running a lending company like a lot of your clients, and I am going to be taking on investors who are going to be investing an awful lot of money in my company, if they ask me about secur...

At the latest, 12/31/2020. Moneylender won't print them until 1/1 anyway (it runs the numbers for the previous calendar year when generating the templates). So, anytime after the new year, follow the steps on this page to generate your 2020 Form 1098s. https://moneylenderprofessional.com/help3/guide...

When do you expect to have 1098 Forms for year 2020 available?

Here are the videos that come to mind: General Introduction – create portfolio, add loans, add payments, print statements, run reports: https://www.moneylenderprofessional.com/help3/ Details on everything on the Settings tab – all the particulars of what different configuration options will do: http...