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Mortgage Automator’s roles and permissions module can also control visibility of and access to more sensitive pieces of information. The communications module offered through Mortgage Automator keeps all parties connected in and up to date with SMS and sends out pre-filled emails with attached system uploaded and generated documents. The upload portal allows you to add photos, videos, and documents directly through the Mortgage Automator system.
2. Loan servicing
Mortgage Automator offers powerful features that allow you to track loan ledgers and automate collection process, reserve tracking, and tax payments, among others. All interest options are supported, such as P&I and interest-only. And due to the many reports available, you can manage your loans, including loan tapes, aged receivables, and payment tracking reports.
3. Investor relations
Through Mortgage Automator, investors can reap the benefits of a full or reduced rate, multi-tranche, or sub-investor options. Organized and easy-to-follow statements are sent to investors automatically on the morning of receiving the investor’s payment. This is significant because it establishes a clearer understanding of their portfolio, as well as trust in your private lending process.
4. Accounting and reporting
To provide you with a full overview of your options, multiple operational and accounting reports are available. Mortgage Automator goes out of its way to automate every report and process. The system has everything covered, from trust reinvestment reports to compliance. Using the trust and operating account ledgers provide more detail to help you understand every numbers.
Mortgage Automator is among the most comprehensive loan origination and servicing software in North America. Ideal for residential, commercial, and construction lending, Mortgage Automator can auto-generate numerous documents, including ACH/PAD payments, compliance forms, monthly statements, and more.
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