LoanChat vs Presto Loans App
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
LoanChat
Streamline communication for private lenders of real estate investment loans. Connect with your back office team, manage loan conversations through stage-based threads, and view loan details on the go.
- View submitted loans
- Connect with back office team
- Stage-based communication threads
- Loan summary details
- Searchable message queue
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Take your loan conversations anywhere. LoanChat is the app that lets you take your origination conversations with you. - View all your submitted loans - Connect to the entire back office of underwriters, processors, loan coordinators and more. - Use stage-based threads to communicate with the right people at the right time (Underwriting Room, Closing Room, Draws Room, etc.) - Get to know your team - put a role to the name and build relationships with your underwriters, coordinators, etc. - View all messages about your loans with the latest messages moving to the top of your queue - Filter through your threads by searching for any specific loan - View pertinent loan details for any loan via the Loan Summary screen. LoanChat is a tool designed to help private lenders of business purpose residential real estate investment loans connect their back offices and streamline their teams’ communication. LoanChat is designed and developed by Private Lender Portal LLC.
Presto Loans App
Securely manage your loan account on the go. Link your profile, check your current balance, and make payments directly from your mobile device.
- Secure account linking
- Review account status
- Make payments
- Mobile access
- Account management
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Manage your account securely with the the Presto Customer Portal app. Link to your account, review current account status, and make payments all from the mobile app.
Screenshots
Verdict
The clearest difference is rating: Presto Loans App at 5.0 against LoanChat's 4.0. LoanChat's advantage is update cadence (fortnightly vs every 10 months) and iOS requirement (13.0 vs 16.6). On price, ratings volume, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Presto Loans App holds the better App Store score, 5.0 against 4.0. Both are backed by a comparable volume of ratings — 1 and 1 respectively.
LoanChat ships an update fortnightly, Presto Loans App every 10 months. The most recent releases landed on November 3, 2026 and November 4, 2026 respectively.
| Parameter | LoanChat | Presto Loans App |
|---|---|---|
| Price | Free | Free |
| Rating | 4.0 (1 ratings) | 5.0 (1 ratings) — better |
| Number of ratings | 1 | 1 |
| Update frequency | Fortnightly — better | Every 10 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 13.0 — better | 16.6 |
| Further details — not scored | ||
| Size | 47 MB | 31 MB |
| Age rating | 17+ | 17+ |
| Developer | Private Lender Portal LLC | Presto Loan Centers, L.L.C. |
Customer experience
LoanChat
Presto Loans App
In-app purchases
LoanChat
No in-app purchases
Presto Loans App
No in-app purchases
