Lending Software Development Company

TILA (Regulation Z) Disclosure Requirements

Applies at loan origination for any product meeting the definition of consumer credit

The Truth in Lending Act requires credit terms to be disclosed in a meaningful, comparable way, and applies even to fee based products without stated interest if repayment terms meet its definitions, which matters directly for BNPL and embedded lending. The 2026 minimum interest charge disclosure threshold remains $1.

ECOA (Regulation B) Fair Lending and Adverse Action

Applies at the credit decisioning step

ECOA requires adverse action notices to state the specific reasons behind a credit denial. The CFPB has directly scrutinized whether algorithmic decisioning models can satisfy this requirement, since a notice saying credit score too low without naming the driving factors is likely insufficient.

FCRA and Credit Reporting Accuracy

Applies to any use of credit bureau or alternative data in underwriting

The Fair Credit Reporting Act governs how consumer reporting data can be used in underwriting, including soft credit checks and alternative data sources, and sets rules for what consumers can be charged for freezes and other credit report actions.

HMDA and RESPA for Mortgage Lending

Applies specifically to mortgage origination and servicing

Mortgage lenders carry the heaviest reporting load of any lending product, filing HMDA Loan Application Register data annually and complying with TILA-RESPA integrated disclosure (TRID) timing rules. We build application interfaces with a documented crosswalk tying each field to the specific regulation requiring it.

GLBA Safeguards, State Licensing and BSA/KYC Requirements

Data security, licensing, and identity verification obligations that run throughout the lending stack

The 2023 FTC Safeguards Rule amendments added specific technical requirements, multi factor authentication, encryption, and annual penetration testing, with a May 2024 enforcement date that many lending platforms have still not fully implemented. State money transmitter and lending licensing requirements vary significantly and can represent a substantial year one investment for a national footprint. We build identity verification and KYC checks into onboarding from the outset, alongside flexible staff augmentation contracts for lenders who need specific compliance or actuarial expertise without a lengthy recruitment process.

Compliance Mapped to the Workflow It Governs, Not a Feature List

TILA disclosures apply at origination, ECOA adverse action notices apply at the decisioning step, HMDA reporting applies to mortgage applications specifically, and GLBA Safeguards apply to data security throughout. We map each requirement to the workflow step that triggers it.

Explainable Credit Decisioning by Design

The CFPB has scrutinized whether algorithmic adverse action notices satisfy the specific reasons requirement under ECOA. We design underwriting logic to produce traceable, explainable decision factors rather than an opaque score a compliance officer cannot defend to an examiner.

Senior Engineering Depth at a Structurally Efficient Cost

Our distributed delivery model funds engineering hours rather than office overhead, giving lenders and fintechs senior level architecture and development work without the day rates of a large systems integrator.

Full Lifecycle Coverage Across Core Lending Systems

Most lending software vendors specialize in one system, either origination or servicing or collections. We deliver origination, underwriting, servicing, payments, portals, and compliance reporting in a single coordinated engagement.

Transparent, Scope Based Pricing

Every milestone, delivery date, and cost line is agreed and provided in writing before development starts. No scope creep invoices discovered partway through a loan origination or servicing platform build.

A Decision Framework for Custom Build vs Commercial LOS

Commercial loan origination systems like Encompass work well for high volume lenders with dedicated technical teams to manage configuration, but are not designed for smaller lenders or highly specific underwriting rules. We help you make that call honestly before quoting a build.

★★★★★

“Digisoft Solution delivered exactly what we needed, on time and within budget. Their team was genuinely invested in making the compliance side work, not just closing the project.”

Sam Shahab, CEO, Verified Clutch Review

★★★★★

“After approaching Digisoft Solution, we were immediately impressed by the depth of their technical and regulatory knowledge. The rebuilt platform has exceeded every benchmark we set.”

Adam Senior, Head of Product, Verified Review

★★★★★

“Digisoft Solution understood the actual underwriting workflow and delivered a system that cut our decisioning time dramatically in the first quarter after launch.”

Rod Westwood, Director, UtilityClick, Verified Review