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OpenClose Lending Solution vs LoansPQ vs DecisionLender Comparison

Last updated:

OpenClose Lending Solution

3.0(1 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

OpenClose Loan Origination software helps lenders and mortgage brokers manage their operations while providing a smooth experience for their customers. With OpenClose, borrowers can apply in minutes using secure and dyna…

LoansPQ

3.8(7 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

LoansPQ is the easy-to-use, powerful loan origination software designed for the mortgage industry. This loan origination software streamlines the process of applying for a loan, creating a quote and generating approval l…

DecisionLender

4.7(4 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

DecisionLender is an all-in-one loan origination package. Included is a pre-processor, hard copy forms and brochures, title order feature, uploading, faxing of approved applications directly to the title company, e-maili…

LoansPQ leads on user satisfaction with a 3.8-star rating across 7 reviews.

OpenClose Lending Solution vs LoansPQ vs DecisionLender — at a glance

FeatureOpenClose Lending SolutionLoansPQDecisionLender
Rating3.0 / 53.8 / 54.7 / 5
Reviews174
Starting priceContact for pricingContact for pricingContact for pricing
Free trial No No No
Free version No No No
Best forLarge Enterprises, Medium Business, Small BusinessLarge Enterprises, Medium Business, Small BusinessLarge Enterprises, Medium Business, Small Business
CategoryLoan Origination SoftwareLoan Origination SoftwareLoan Origination Software
PlatformsSaaS/Web/CloudSaaS/Web/CloudSaaS/Web/Cloud
API
Support modesOnline24/7 (Live rep), OnlineOnline
CertificationsSOC 2
Data residencyUSUSUS

Key differences between OpenClose Lending Solution and LoansPQ

  • User satisfaction: LoansPQ scores higher with a 3.8-star average.
  • Deployment: OpenClose Lending Solution supports SaaS/Web/Cloud; LoansPQ supports SaaS/Web/Cloud.

Compare OpenClose Lending Solution vs LoansPQ vs DecisionLender — and walk away knowing which one fits.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Loan Origination Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

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LoansPQ - Loan Origination Software
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DecisionLender - Loan Origination Software
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Talk to an expert

Free PDF comparison

Download this OpenClose Lending Solution vs LoansPQ vs DecisionLender comparison

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Biggest differences

Start here before you go deeper into features.

OpenClose Lending Solution

Best for

Large Enterprises, Medium Business, Small Business

LoansPQ

Best for

Large Enterprises, Medium Business, Small Business

DecisionLender

Best for medium to large lenders needing comprehensive, automated loan origination.

Choose if
  • You require an all-in-one loan origination system with integrated document handling and communication.
  • Your team needs custom screens and reports to automate complex manual loan processing workflows.
  • You are a medium or large financial institution or mortgage lender with enterprise-level process demands.
Consider alternatives if
  • You are a small business with minimal loan processing needs and prefer simpler tools.
  • You need transparent, off-the-shelf pricing without engaging in sales consultations.

OpenClose Lending Solution typically suits Large Enterprises and Medium Business. LoansPQ tends to fit Large Enterprises and Medium Business better. The right choice depends on your team size, workflow, and whether a free trial matters.

Description

OpenClose Loan Origination software helps lenders and mortgage brokers manage their operations while providing a smooth experience for their customers. With OpenClose, borrowers can apply ... Read More about OpenClose Lending Solution

LoansPQ is the easy-to-use, powerful loan origination software designed for the mortgage industry. This loan origination software streamlines the process of applying for a loan, creating a ... Read More about LoansPQ

DecisionLender is an all-in-one loan origination package. Included is a pre-processor, hard copy forms and brochures, title order feature, uploading, faxing of approved applications ... Read More about DecisionLender

Free Trial Availability

  • No free trial
  • No free trial
  • No free trial

Spotsaas Score

What's this? ↗

7.9/10

8.1/10

9.1/10

User Ratings

Based on verified Spotsaas reviews

3.8

(7)

4.7

(4)

Best Company Size

Medium BusinessLarge Enterprises
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Get pricing help
Get pricing help

Software Demo

Demo

No software demo available

OpenClose Lending Solution has not given any software demo yet

If you're the owner of this profile, add your demo.Contact us

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Share your priorities, budget, and team needs, and we’ll help you narrow the options and understand the tradeoffs before you talk to vendors.

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  • Independent advice — matched to your business
  • Understand the tradeoffs before you talk to vendors
  • Free 15-min call with a software advisor.

Step 1 of 4

How big is your team?

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How do OpenClose Lending Solution, LoansPQ and DecisionLender Compare on Features?

Total Features

4 Features

3 Features

8 Features

Unique Features

No unique features

No unique features

No unique features

Get Quote
Get Quote
Get Quote

Compare OpenClose Lending Solution, LoansPQ and DecisionLender on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

        Pricing Plans

        • Not Available
        • Not Available
        • Not Available

        Other Details

        Organization Types supported

        • Large Enterprises
        • Medium Business
        • Small Business
        • Individuals
        • Large Enterprises
        • Medium Business
        • Small Business
        • Individuals
        • Large Enterprises
        • Medium Business
        • Small Business
        • Individuals

        Platforms Supported

        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Browser Based (Cloud)
        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Browser Based (Cloud)
        • Browser Based (Cloud)
        • Mobile - Android
        • Mobile - iOS
        • Installed - Windows
        • Browser Based (Cloud)

        Modes of support

        • 24/7 (Live rep)
        • Business Hours
        • Online
        • 24/7 (Live rep)
        • Business Hours
        • Online
        • 24/7 (Live rep)
        • Business Hours
        • Online

        API Support

        • Not Available
        • Not Available
        • Not Available
        Get help choosing
        Get help choosing
        Get help choosing

        Security & Compliance

        Certifications, data handling, and security controls for IT and compliance evaluators.

        SOC 2

        ✓ Yes

        HIPAA

        ✗ No
        ✗ No
        ✗ No

        Data Encryption

        ✓ Yes

        Data Residency

        🇺🇸 US
        🇺🇸 US
        🇺🇸 US

        OpenClose Lending Solution vs LoansPQ User Reviews & Rating Comparison

        User Ratings

        Rating Distribution

        0

        0

        2

        0

        0

        1

        5

        1

        0

        0

        2

        1

        0

        0

        0

        Spotsaas Editor’s POV generated by AI

        Buyer sentiment

        Buyer sentiment is mixed across 2 reviews, so it is worth reviewing the tradeoffs closely.

        What buyers like

        • User-friendly application
        • Fast processing
        • Dynamic forms

        Common complaints

        • Limited customization options
        • Basic reporting features
        • Integration limitations

        Buyer sentiment

        Buyer sentiment is mixed to positive across 7 reviews, with clear strengths and a few common watchouts.

        What buyers like

        • Easy to use
        • Powerful features
        • Streamlined application process

        Common complaints

        • Limited integrations
        • Basic reporting tools
        • Requires user training

        Buyer sentiment

        Overall positive sentiment with high ratings but limited review volume.

        What buyers like

        • Comprehensive feature set
        • Automation of manual processes
        • Integration with title and communication workflows

        Common complaints

        • Lack of pricing transparency
        • Complex setup process

        Pros and Cons

        • Fast and user-friendly application process

        • Dynamic forms enhance borrower experience

        • Focus on timely closings

        • Customization options may be limited

        • Basic reporting features

        • Streamlines the loan application process

        • Powerful features for document preparation

        • User-friendly interface

        • Limited integrations with other systems

        • Basic reporting tools may not suffice

        • Comprehensive loan origination features including pre-processing and title ordering

        • Automation of manual processes to reduce errors

        • Integrated communication tools such as emailing and faxing to borrowers and title companies

        • Pricing is quotation based and not publicly available

        • Limited user reviews and feedback available

        Positive Reviews

        No reviews available for the product

        No reviews available for the product

        No reviews available for the product

        Media and Screenshots

        Screenshots

        No screenshots available.

        No screenshots available.

        Retail

        7 Screenshots

        Videos

        No videos available.

        video-0

        3 Videos

        video-0

        4 Videos

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        Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

        Frequently asked questions

        Which is better, OpenClose Lending Solution or LoansPQ?
        LoansPQ edges out the other on user ratings (3.8 vs 3.0). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
        Do OpenClose Lending Solution and LoansPQ offer a free trial?
        Neither OpenClose Lending Solution nor LoansPQ currently lists a free trial.
        What is the starting price of OpenClose Lending Solution vs LoansPQ?
        OpenClose Lending Solution starts at Contact for pricing. LoansPQ starts at Contact for pricing.
        What are the top alternatives to OpenClose Lending Solution?
        Top alternatives to OpenClose Lending Solution include Floify, Loan Producer, LendingPad, LenderAssist, ComplianceOne.
        What are the top alternatives to LoansPQ?
        Top alternatives to LoansPQ include LendingQB, OpenClose Lending Solution, Floify, Loan Producer, LendingPad.

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