Mortgage Automator

Loan origination software for private lending businesses

About Mortgage Automator

Mortgage Automator is a mortgage and loan servicing software designed to help private lending businesses track funding deals, manage investors, and process payments via automated clearing house (ACH) and pre-authorized debits (PAD). The platform enables administrators to create custom documents based on different types of loans including purchase, commercial, and construction.

Borrowers can process payments based on semi-monthly, monthly, quarterly, accrued, and capitalized schedules. Mortgage Automator allows managers to add or replace investors during the deal and automatically calculate interest adjustments. Employees can also extend additional loans with existing or new investors, include custom fees, and track non-sufficient funds (NFS) on a unified interface.

Mortgage Automator lets businesses automatically calculate per-diem and accrued interests and generate payout statements to discharge loans. Teams can also share financial statements with investors, track monthly deals, analyze year-end tax documents, and generate fund performance reports.

Pricing starting from:

US$699,00/month

  • Free Trial
  • Per User

Devices

Business size

S M L

Markets

Canada

Supported Languages

English

Pricing starting from:

US$699,00/month

  • Free Trial
  • Per User

Images

Mortgage Automator lender fee report
Mortgage Automator investment portfolio statement
Mortgage Automator funded loans
Mortgage Automator funds
View 5 more
Mortgage Automator screenshot: Mortgage Automator lender fee report Mortgage Automator screenshot: Mortgage Automator investment portfolio statement Mortgage Automator screenshot: Mortgage Automator funded loans Mortgage Automator screenshot: Mortgage Automator funds

Features

Total features of Mortgage Automator: 52

  • API
  • Accounting
  • Activity Dashboard
  • Alerts/Notifications
  • Amortization Schedule
  • Audit Trail
  • Auto Loans
  • Automated Decisioning/Underwriting
  • Automatic Funds Distribution
  • Borrower Management
  • Client Database
  • Closing Documents
  • Collateral Tracking
  • Collections Management
  • Commercial Mortgages
  • Compliance Management
  • Construction Loans
  • Contact Management
  • Customer Management
  • Customer Statements
  • Customizable Templates
  • Document Management
  • Electronic Applications
  • Electronic Funds Transfer
  • Electronic Signature
  • Escrow Management
  • For Borrowers
  • Investor Management
  • Lead Management
  • Loan Management
  • Loan Origination
  • Loan Portfolio Management
  • Loan Processing
  • Loan Servicing
  • Mortgages
  • Multi-Channel Communication
  • Multi-Company
  • Multi-Currency
  • Online Applications
  • Outsource Processing
  • Payment Options
  • Payment Tracking
  • Pipeline Management
  • Pre-Qualification
  • Pricing Management
  • Property Tax Management
  • Refinance Management
  • Reporting/Analytics
  • Residential Mortgages
  • Third Party Integrations
  • Third Party Loan Origination
  • Visual Presentation

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Reviews

Overall rating

4,9 /5
(43)
Value for Money
4,9/5
Features
4,9/5
Ease of Use
4,9/5
Customer Support
5/5

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Showing 5 reviews of 43
Jake M.
Overall rating
  • Industry: Investment Management
  • Company size: 2-10 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great Software - Greater Team!

Reviewed on 2020/02/25

The visually appealing and easily utilized interface combined with well designed back end processes...

The visually appealing and easily utilized interface combined with well designed back end processes has greatly decreased our processing time of new mortgages and provided a much more simple way to track and administer them all from work, home, or even our cell phones.

Pros

Rapidly expanding its product offerings and ease of use, all the while maintaining excellent customer service and consistently providing helpful and speedy responses to any and all concerns.

Cons

Doesn't upload and store documents or currently offer the option to pull credit reports.

Response from Mortgage Automator

Thank you for the feedback, Jake. Document storage is scheduled to be released on March 15, 2020. And Equifax integration is coming in Q2 :)

Ryan M.
Overall rating
  • Industry: Real Estate
  • Company size: 2-10 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Automator is a game changer!

Reviewed on 2020/12/08

The Automator team has been amazing in providing Graysbrook Capital with custom solutions that has...

The Automator team has been amazing in providing Graysbrook Capital with custom solutions that has increased our business efficiency substantially. On top of that, the support team is outstanding and has very fast turnaround times. Highly recommend this product.

Pros

Mortgage Automator is incredibly easy to use. Being able to log in from anywhere is great, and makes things easy when discussing files over the phone with colleagues. The software has helped reduce complexity and increase efficiency in our business!

Cons

Some of the 'pre-canned' reports were not exactly what we were looking for, but the support staff is always available to help us create custom reports

Response from Mortgage Automator

Thank you for the great review, Ryan! Happy to hear that our team has been taking good care of you! :) We always want to ensure that our customers get the most out of Mortgage Automator.

Jason B.
Overall rating
  • Industry: Banking
  • Company size: 2-10 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best product on the market.

Reviewed on 2021/03/13

Using Mortgage Automator as the end to end platform for my hard money lending business.

Using Mortgage Automator as the end to end platform for my hard money lending business.

Pros

The team behind Mortgage Automator is the best. From the [SENSITIVE CONTENT HIDDEN] to the support staff they are super responsive to all the customers needs. The software is super easy to learn and use and has a wide range of integrations and capabilities

Cons

Integration with document automation has a steep learning curve but once in place works very well.

Response from Mortgage Automator

Thank you for the review and for believing in us, Jason!

Max G.
Overall rating
  • Industry: Financial Services
  • Company size: 11-50 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Solid service

Reviewed on 2021/02/26

Pros

Easy to use and flexible in adding additional features

Cons

Hard to identify certain features that might be beneficial

Lauren H.
Overall rating
  • Industry: Financial Services
  • Company size: 2-10 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Mortgage Automator and how it has made our lives better at Cedar Peaks

Reviewed on 2021/01/18

One of the greatest things about the MA software is the time saving.
What used to take hours to...

One of the greatest things about the MA software is the time saving.
What used to take hours to set up, fill out forms and save documents - now takes so much less time. PRODUCTIVITY!
Another fabulous feature is the tracking. At a glance, we can track pretty much anything.

Pros

We cannot say enough about the support and help along the way from MA both at the start of the integration and right up to today whenever any of us need assistance with something in the system.
The ability to receive applications directly into the MA system from the various broker platforms saves us so much time.
Along with the above, from start to finish, we are able to enter everything necessary for a file, store documents, issue commitments etc., our administration and accounting departments can continue with the lawyer instructions, payments received and sent - what can I say.
For mortgage renewals, where we used to have to create a new file - we now no longer have to reinvent the wheel! All of the info is already there and we simply push the renewal button and carry on with any new and relevant info.
It really does PERFORM.
The MA people are incredibly helpful and adaptable to make changes as we see fit for our business and customize documents and screens to make life easier for all. They are ROCKSTARS!

Cons

Cons? wow, now I am stumped. If I had to find a negative; it is that we have a unique business and there was a little pain in the beginning when getting our customized construction commitment created. Having said that, we were one of the first to sign up for MA and there wasn't even a construction module yet! It wasn't long before [SENSITIVE CONTENT HIDDEN] and his amazing team got that done and we have never looked back.

Response from Mortgage Automator

Thank you, Lauren! We are happy to hear that you see so many benefits in our software!

Showing 5 reviews of 43 Read all reviews

Mortgage Automator FAQs

Below are some frequently asked questions for Mortgage Automator.

Mortgage Automator offers the following pricing plans:

  • Starting from: US$699,00/month
  • Pricing model: Per User
  • Free Trial: Available

We do not have any information about Mortgage Automator features

Mortgage Automator has the following typical customers:

Self Employed, 2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+

Mortgage Automator supports the following languages:

English

Mortgage Automator supports the following devices:

Mortgage Automator integrates with the following applications:

Equifax, Finmo, Lendesk

Mortgage Automator offers the following support options:

Email/Help Desk, FAQs/Forum, Phone Support, Chat

Related categories

See all software categories found for Mortgage Automator.