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What Is Bryt?

Bryt Software can streamline your loan servicing process. From automated payment processing to seamless borrower communication, our loan servicing solution simplifies your operations, reduces manual errors, and improves efficiency. Bryt is engineered to make your job easier. Our entire interface is intuitive, easy to adopt, and effortless to use. Bryt is cloud-based, competitively priced, easy to implement and configured for your business.

Who Uses Bryt?

Bryt's flexibility allows it to be used in a variety of industries including Financial Institutions, Consumer Finance, Loan Servicing, Fintech, CDFI’s, Microfinance, Peer-to-Peer and Nonprofits.

Where can Bryt be deployed?

Cloud-based
On-premise

About the vendor

  • Bryt Software
  • Located in Indian Wells, US
  • Founded in 2017

Bryt support

  • Phone Support
  • Chat

Countries available

Aruba, Australia, Bahamas, Barbados, Belize and 22 others

Languages

English

Bryt pricing

Starting Price:

US$59.00/month
  • Yes, has free trial
  • No free version

Bryt does not have a free version but does offer a free trial. Bryt paid version starts at US$59.00/month.

Pricing plans get a free trial

About the vendor

  • Bryt Software
  • Located in Indian Wells, US
  • Founded in 2017

Bryt support

  • Phone Support
  • Chat

Countries available

Aruba, Australia, Bahamas, Barbados, Belize and 22 others

Languages

English

Bryt videos and images

Bryt Software - Bryt Software Dashboard
Bryt Software - Loan Summary Page
Bryt Software - Loan Schedule Page
Bryt Software - Configurable Notices
Bryt Software - Contact Management
View 6 more
Bryt video
Bryt Software - Bryt Software Dashboard
Bryt Software - Loan Summary Page
Bryt Software - Loan Schedule Page
Bryt Software - Configurable Notices
Bryt Software - Contact Management

Features of Bryt

  • Accounting Software
  • Amortization Schedule
  • Audit Trail
  • Automatic Funds Distribution
  • Borrower Management
  • Client Database
  • Client Portal
  • Collateral Tracking
  • Compliance Management
  • Contact Management Software
  • Customer Management
  • Dashboard Software
  • Data Import/Export
  • Document Management Software
  • Escrow Management
  • Investor Management
  • Loan Portfolio Management
  • Online Applications
  • Payment Collection
  • Pre-Qualification
  • Reporting/Analytics
  • Third-Party Integrations

Bryt Alternatives

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North American private lenders, Mortgage Automator is the most advanced end-to-end loan origination and servicing software for you.
Web + Mobile Application based lending solution and core banking application for NBFC's, Micro finance.
Flexible, intelligent, and powerful loan servicing and management solution tailored to your needs by TurnKey Lender.
Loan Servicing Software -- fully browser-based, affordable, easy to use, powerful software specifically designed for the small lender.
Ready-made lending platform with customization options. Full loan management process automation.

Reviews of Bryt

Average score

Overall
4.8
Ease of Use
4.6
Customer Service
5.0
Features
4.5
Value for Money
4.7

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
78%
4
22%
Ron
Executive Vice President, Operations in US
Financial Services Software, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Bryt Review

5.0 3 years ago

Comments: It has been a great experience. The system was very easy to implement and the customer service has been terrific. I have recommended others to use the system as well and will continue to do so.

Pros:

The loan pipeline dashboard is probably one of my favorite features within the product. Our management team holds a weekly call to discuss the origination pipeline and the dashboard makes it extremely easy to not only discuss the individual loans but also see what stage/process the loan is currently sitting as well as seeing the financial aspects (loan amount, closing date, funding amount, etc.).

Cons:

I would like to see an expanded borrower pipeline similar to the loan pipeline dashboard that could track the stage of the borrower's application (i.e. missing docs, status of credit check, status of background check, etc.) as they progress through underwriting ultimately to an approval or denial.

Mike
Loan Originator / CIO in US
Real Estate, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

BRYT's software and team have been valuable to our company to help us scale efficiently!

5.0 3 years ago

Comments: We have used BRYT for almost 2 years now. BRYT has been extremely valuable for our company. It has been an essential piece that has helped us be more efficient and scale our operation, while also delivering great value to our customers. The team at BRYT has been excellent to work with. They are helpful, easy to work with, and very responsive. They are happy to talk with us if we encounter any obstacles, have questions, and have worked with us continuously to customize their product so it fits what best serves our customers. BRYT continues to make great changes and we know there are even greater things ahead - we highly recommend the BRYT platform and the team behind it!

Pros:

Loan servicing and reporting Creating disbursements to investors ACH/Nacha works wonderfully! Payment reminders and statements are great The staff is awesome and very helpful!

Cons:

Would love to see: - e-signature integrated - More security features / upgraded - More loan application/origination features (Some of these items I know they are currently working on!)

Kali
Office Manager in US
Real Estate, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Great software with a few places to improve.

4.0 5 years ago

Comments: Overall this software is great! After a little bit of a learning curve (maybe just me), and some help from the team, you'll be up and running and having no issues in no time.
Thanks to Rep and the entire Bryt software team!

Pros:

I love the automated features (sending notices, invoices and receipts for payment). There are several great things about this system that are very useful.

Cons:

1.) Report writer needs work. With this being said, however, whenever I have a problem, customer support ALWAYS is there to help and create the report, or if they can't create the exact report that I need, they come up with a solution that works! 2.) No help section - if it is after hours or a different time zone, there is no one to offer support or any help whatsoever. Again, this is only when work is being done outside of the normal office hours for Bryt customer service. 3.) Takes some getting used to. Although I am new the mortgage software field. I have done property management for over 15 years, and then we switched to mortgages. So that may be my fault. 4.) No direct mortgage holder option. If you are not the "Servicing Company" of the loans, set up is a bit tricky and takes some getting used to. In my case, I have 1 individual who has mortgages under 4 different companies. This get's complicated when writing reports, letters, or notices, that are mortgage holder specific, but as always, rep and the team have always figured out a way (sometimes even changing the way the software is written) for me to get the information I need. :)

Nathan
Financial Administrator in US
Government Administration, 11–50 Employees
Used the Software for: 1-5 months
Reviewer Source

Bryt software saved the day!

5.0 3 years ago

Comments: My experience has been great! There was no pressure from a sales team, the development folks were willing to tweak and customize the software for our needs and everything is running smooth! Most importantly, I feel like my questions and concerns were heard timely and solutions rendered in real time....I feel like the team at Bryt is an extension of my team...

Pros:

I appreciate the ease of use, it is intuitive and has all the essential functions our firm needs. We do not offer traditional loans, we issue project specific loans, a little out of the ordinary and Bryt's solution was able to adapt. The implementation and onboarding team were and are a great resource and I feel like I can reach out any time and receive a response within a day. We don't use many of the features, such as late payment calcs, loan origination, or qualification segments, so I cannot comment about more complex loan scenarios.

Cons:

One issue is some of menus are buried and there is no active grid view where I can just enter manual payments for borrowers on one screen. Automatic payments will negate this need.

Marsha
Loan Escrow / Loan Servicing in US
Real Estate, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

This software makes the Loan Servicing process very easy and timeless.

5.0 6 years ago

Comments: I've been using this software for about 2 years and all of its features have allowed me to cut Loan Servicing and Document Processing portion of my job time in half. Actually more then half.

Pros:

I Love the Loan Document Feature. Makes processing Loan Documents very simple and quick. I also love the automated notices that are sent from the software. Customer Support is always available to answer any questions relating to any section of the software.

Cons:

Still have a few questions on Mandatory reports for specific filings. For Example BRE required reports.