Mortgage Loan Income and Amortization Management. Track monthly, biweekly, weekly or random mortgage payments received. Provisions for penalty or late-payment charges, balloon payment, additional principal, applied tax and or insurance payments received and disbursed. Unlimited accounts. Display payoff amount for any given date. Print running balance and/or yearly reports. Write letters and print envelopes.

If you are holding a mortgage and note on real estate or any type of loan on personal property and are scribbling notes on a paper amortization schedule, you need LoanShark to manage and document your incoming payments.

Did you owner finance the sale of your real estate with a purchase money mortgage?fdef09

If you are a real estate investor, collection agent, hard money lender or private lender with more than one account, LoanShark will keep track of them all including monthly, biweekly, weekly and random (accumulated daily interest) payment periods.

Provision for escrow collection and disbursement of taxes and/or insurance.

Post multiple receipts for the same payment period. Automatically computes amortization principal, interest, balance and late penalty (if any). Obtain payoff amounts including per-diem interest for a specified date.

View and print payment history for any given timeframe. Total or yearly summary reports of principal and interest received.

Create end-of-year statements to send to borrowers, print letters, envelopes, attach notes or remarks and/or images of the property or documents.

Includes financial calculator, amortization schedule printouts, future value / present value calculations and more......