| | NoteSmith Pro
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Easy Shipping Charges: $4.95 for the first item, $10.35 for 2 or more items.
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 Windows: The very best accounting and report program for Note Buyers. Does 1098s and 1099s at year end, posts periodic payments and keeps track of your entire business. Pro and regular versions. An essential program for all note buyers.
NoteSmith loan servicing software is designed to perform all of the tracking activities for an investor in, or an originator of, mortgage notes, discounted notes, car loans, mobile home paper, rents, and leases.
NoteSmith is designed for individual investors.
NoteSmith Pro has additional features for small loan companies and investors with sophisticated needs. New features are added each calendar year based on requests received from our users.
Partial list of features
(both NoteSmith and NoteSmith Pro):
- Daily or periodic compounding using standard or USRule weekly, biweekly, half-monthly, monthly, quarterly, semi-annually, and annually
- Note brokerage capital gains
- Automatic escrow, service fees, late charges, and late letter generation
- Numerous management reports include due dates, payment histories, cash flow, portfolio statistics, register, yields, and collateral (LTV and ITV)
- Display delinquencies by range of dates, automatic 30-60-90 day late
- Search by last name, loan number, co-payors, etc.
- Mail merge with unlimited form letters, include return and inside addresses, property and payment information, first or second payor, corporate payor, insurance agent
- Mailing labels and envelopes with or without your return address
- Coupons, receipts, payoff forms, IRS 1098, IRS 6252 Installment Sales
- Track discounted note purchases and their payments for Total, Partial, and BSchedule discounted purchases in up to 9 entities
- Investor payment history tracks return of capital and discount earned.
- Financial calculator and amortization schedules printed from the calculator or from payor data, for total, partial, and discounted partial amortizations
- Track wraparound notes easily
Features found in NoteSmith Pro Only
- Custom report generator to display your data as you want
- Multiple user defined fields to screen notes according to your needs
- Full lease servicing
- Note brokerage selling module will calculate capital gains when selling partial notes or balloons, then service the part sold and any residual
- Sophisticated filtering module to screen notes into sub-portfolios
- Tools for managing variable interest rate loans with level or adjustable payments
- Print payment coupons with barcodes to speed up recording of payments (requires your own Code 39 barcode reader)
- Valuable utility features such as automatically paying payable notes, two level password protection, and unlimited company configurations
- IRS Form 1099 for interest paid and IRS Form 6252 for installment sales
- Export data into Quicken, QuickBooks, or merge with Microsoft Word
- Two simultaneous user network version is standard or opt for the unlimited multi-user version
For more info, visit the official web site at www.notesmith.com.
Easy Shipping Charges: $4.95 for the first item, $10.35 for 2 or more items.
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