September 21, 2023

Mortgage Automator’s roles and permissions module also can management visibility of and entry to extra delicate items of knowledge. The communications module supplied by way of Mortgage Automator retains all events linked in and updated with SMS and sends out pre-filled emails with hooked up system uploaded and generated paperwork. The add portal permits you to add pictures, movies, and paperwork straight by way of the Mortgage Automator system.

2. Mortgage servicing

Mortgage Automator presents highly effective options that will let you monitor mortgage ledgers and automate assortment course of, reserve monitoring, and tax funds, amongst others. All curiosity choices are supported, comparable to P&I and interest-only. And as a result of many studies accessible, you may handle your loans, together with mortgage tapes, aged receivables, and fee monitoring studies. 

3. Investor relations

By way of Mortgage Automator, buyers can reap the advantages of a full or decreased price, multi-tranche, or sub-investor choices. Organized and easy-to-follow statements are despatched to buyers robotically on the morning of receiving the investor’s fee. That is vital as a result of it establishes a clearer understanding of their portfolio, in addition to belief in your non-public lending course of.

4. Accounting and reporting

To offer you a full overview of your choices, a number of operational and accounting studies can be found. Mortgage Automator goes out of its technique to automate each report and course of. The system has every thing lined, from belief reinvestment studies to compliance. Utilizing the belief and working account ledgers present extra element that will help you perceive each numbers.

Mortgage Automator is among the many most complete mortgage origination and servicing software program in North America. Preferrred for residential, industrial, and development lending, Mortgage Automator can auto-generate quite a few paperwork, together with ACH/PAD payments, compliance types, month-to-month statements, and extra.