BankPoint is loan origination software that is designed to help financial institutions manage deposits, credit approvals, loan portfolios, and much more—all on a centralized platform. As an administrator of BankPoint, you can use the customizable loan pipeline dashboard to track customer interaction history, assign tasks, add documents, and configure user permissions.
Through BankPoint’s loan review functionality, bankers can track loan levels, automatically add post-review recommendations—like non-accrual and risk rating, among others—and auto-populate content based on prior reviews. The document management module allows users to utilize the drag-and-drop interface to maintain file versions, upload files, and create document packages in numerous file formats, such as Excel, PDFs, and images. Through the covenant dashboard, users can also create custom agreement types, generate exception reports, and maintain a covenant review history.
BankPoint integrates several third-party customer relationship management (CRM) solutions, such as Salesforce, among others, and is available on a monthly subscription. Support is extended through email, phone, and documentation.
BankPoint is a cloud-based solution that helps banks, non-bank lenders, and loan portfolio managers automate processes for credit approval, real estate owned (REO) management, due diligence, and covenant tracking. BankPoint’s customizable pipeline dashboard allows users to see the latest updates and loan status, as well as manage documents, notes, and tasks—all in one location.