Service your own notes — without the servicing company.
Third-party servicers charge per loan, per month, and keep you at arm's length from your own borrowers. Lendiom gives individual investors the tools to service notes themselves: professional, compliant-friendly, and automated.
Everything a servicer does, in your hands
Accurate amortization
Automatic schedules with standard, daily-accrual, or interest-only interest modes. Set up pre-existing loans mid-stream and Lendiom picks up where the old records left off.
A real borrower portal
Borrowers log in to Lendiom Pay to see their balance, payment history, and next due date — and pay by ACH or card, or enable auto-draft.
Every payment accounted for
Online payments, cash, checks, wires, money orders — record them all with a full allocation breakdown across interest, principal, fees, and escrow, plus reversals and adjustments with reasons.
Automated borrower contact
Payment reminders, receipts, and late notices go out by text and email automatically. Send payoff statements and physical letters, including certified mail, when it matters.
1098s without the January panic
Lendiom generates 1098 forms from the interest it has tracked all year and e-files them with the IRS for you.
Reports your CPA will like
Installment income, transaction lists, journal entries, and portfolio reports — run on demand, downloaded as CSV, or scheduled to arrive by email.
One flat price, not per-loan fees
Lendiom is $50/month (or $600/year) with 100 active loans included — not a per-loan servicing fee that grows with your portfolio. Bring your team too: multi-user access with role-based permissions is built in.