Comergence Alternative: Why lenders switch to us

If you're reading this, there's a good chance you're already using Comergence — or you know of it because so many wholesale lenders do. For years, it’s been the go-to tool for broker onboarding and oversight.

If you're considering an alternative solution, this post is for you. I'm going to walk through why so many lenders are evaluating alternatives, what to consider before making the move, and how modern platforms like Loanscape are rethinking third-party oversight from the ground up.

Why We've Seen People Come to Loanscape from Other Tools

Every lender I speak to wants the same thing: onboard more brokers, stay compliant, and make life easier for their teams.

For Sales Leaders

• Account Executives lose brokers during onboarding due to unnecessary steps
• Limited visibility into which brokers are stuck, which makes AEs look unprepared
• Too much time spent chasing documents instead of closing deals

For Compliance Officers

• Potential rising costs force tradeoffs between headcount and software
• Alert overload could create fatigue, burying real risk signals
• Many end up paying for duplicate background checks pulled outside of system

For Ops & Onboarding Teams

• Repeating the same manual tasks over and over
• Saving files locally and managing onboarding in spreadsheets
• Minimal visibility into bottlenecks or performance metrics
• Workflow updates could require IT or lengthy support tickets

If that sounds like your team, you're not alone.

Before You Switch: Review Your Contract

Before diving into a new solution, make sure you understand your current agreement.

• How much notice do you need to terminate the contract?
• What are your monthly minimums?
• When does your contract expire?
• Are there early termination penalties?

Knowing this upfront will help you plan your transition and avoid double-paying.

What to Look for in a Modern Oversight Platform

If you're exploring alternatives, here’s what I recommend looking for in your next system:

• A fast, intuitive experience brokers actually want to complete
• Automated workflows for document collection, licensing, and risk alerts
• Real-time dashboards for your onboarding and compliance teams
• No-code tools that don’t require IT support
• Transparent pricing with no per-seat billing or hidden fees
• A partner that supports your entire team, not just your portal

This isn’t just about switching software. It’s about moving your business forward with fewer blockers and more flexibility.

How We Built Loanscape to Serve You

Multi-Channel Flexibility

If you work with non-NMLS brokers or commercial clients, you’ve probably had to manage those relationships manually. Some lenders even pay extra when clients apply through multiple channels.

With Loanscape, you can manage Wholesale, Non-Del Correspondent, Delegated Correspondent, Commercial, and Warehouse — all in one place. And if a client shifts across channels, your workflows adjust automatically.

Pricing & Packaging

We spent over two years talking to lenders and understanding what packaging and pricing meets their needs. This is what we've settled on.

Foundation

Our Foundation package gives you all the essentials you need to build a robust broker onboarding platform.

What you get:

• Monthly NMLS updates to keep you updated on licensing changes.
• LOS Integration to push fresh licensing data into your LOS. This is optional but recommended.
• Unlimited user seats & applications...no more gatekeeping.
• Ability to connect Loanscape to your CRM.
• Premium support via text, call, email or zoom.

Pricing for this can range from as low as $20,000 to $40,000 per year.

Proactive

Our Proactive plan gives you all the essentials from our Foundation package PLUS comprehensive background checks on your TPOs.

In addition to all the features mentioned in the Foundation package, you will also get comprehensive background checks and monitoring for:

• Bankruptcies
• Judgements & Liens
• Criminal
• 10+ Exclusionary Lists

Pricing is based on how many TPOs you approve, not how many you invite. We don’t charge you to invite brokers. We think applying to do business with you should be free.

Real-time

We know some lenders require a higher level of compliance, which is why we created our Real-Time package. It includes everything from the Foundation and Proactive packages and provides daily NMLS updates instead of monthly, so your LOS data stays current and reliable.

Pricing is based on how many TPOs you approve — not how many you invite. We don’t charge you to invite brokers. We think applying to do business with you should be free.

Unlimited User Seats

With Loanscape, you’ll never have to think about user limits. Sales, compliance, onboarding — whoever needs access, gets access. No extra charges.

API Access & Integrations

Our API is free, and we’re rolling out native integrations with LOS platforms, CRMs, and other tools lenders use every day.

You shouldn’t have to hire engineers just to get your systems talking to each other. We make it simple.

Support That Shows Up

This is where we’re different. I’ve talked to too many lenders who’ve paid six figures and ended up acting as support for their software vendor.

That doesn’t happen here.

You can reach us by phone, email, or Zoom — and we’ll actually respond. Don’t take my word for it. Ask any of our customers.

How Switching to Loanscape Works

It’s easier than you think. Here’s what the process looks like:

1. We migrate your broker and compliance data
2. You customize workflows or use our prebuilt templates
3. AEs start inviting brokers instantly at no cost
4. We support you every step of the way

Most teams start seeing results within a week.

Results You'll See

• Brokers complete onboarding quicker
• AEs send more invites because it’s easy and free
• Compliance spots risk earlier, before it becomes a problem
• Ops teams save hours every week

Broker onboarding is your first impression. If it’s clunky, that sets the tone. If it’s smooth, it builds confidence and positions you as the kind of lender brokers want to work with.

Conclusion

If your current system no longer fits your needs — or you’re just ready for a better onboarding experience — let’s talk.

We built Loanscape to help you move faster, reduce risk, and grow more efficiently. And we’re here when you’re ready.