Flexible Loan Servicing Software for Private Lenders

Save time on your loan servicing processes and prevent human errors by automating calculations, alerts, payments, and more!

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Key Servicing Features

Payment Options

Post-dated checks
Check printing
Auto-generated ACH/EFT
Automated warnings and alerts
Credit card payments

Extensions

Extension fees (multiple payment options)
Custom Extension Conditions
Prepayments at renewals
Ability to change interest types

Partial Paydown

Automated distribution
Any date and time
Collateral/blanket discharges

Investor Replacement (Mid-deal)

Replace any investor with another at any time
Auto interest adjustment calculation
Prepayment forwarding

Additional Loans/Draws

Tie draws to Milestones
Add custom fees
Existing or new investors

NSF Tracking

Batch or individual entry
Automated SMS notifications
Emails to borrowers (with signed NSF letters attached)
Custom NSF Fees

Payouts

Payout Statements
Payout Instructions
Per-Diem calculations
Additional fee options
Fee distributions/allocations
Power of Sale & Foreclosure module

Additional Charges

Ability to charge interest & calculate accrued interest
Record/schedule/request payments
Invoicing
Credit card integration

Investor Statements

Monthly auto-emailed statements
Customized letterhead & content

Mid-Loan Adjustments

Payment schedule changes
Interest changes
Frequency of payments

Reports

Exportable dashboards (in Excel)
Batch letter generation (separated or single file for easy printing)
Borrower / Investor / Shareholder Payment Reports
In-Progress / Funded / Paid-off loan tracker
Maturing Loans (30/60/90 days)
Prepaid Interest / Prepayment Distribution Reports
Custom reports available

Accounting

Borrower/Investor Statements
Reports for issuing 1098s/1099s
Aged Receivables/Arrears Report
Accrual A/R and A/P Reports
Lender Income Reports (P&L)
Operating & Trust account ledgers
Loan Tape

Additional Reserves

Initial reserve amounts
Monthly top-ups
Pre-payment of monthly top-ups
External payment tracking
Reporting
Apply reserves towards monthly payments

Customer Recognition^*

Why our customers ❤️ Mortgage Automator

Software designed and tailored for private lenders.

Mortgage Automator’s user interface is highly intuitive, making it easy for teams to quickly adopt the software. The tech support is prompt and efficient, answering any questions swiftly. The API supports extensive custom development, while the custom forms and workflows ensure that Mortgage Automator is the top platform in the private lending space.

Click to read full review on Capterra

Josh Lloyd, Yieldi

Best product on the market

The team behind Mortgage Automator is the best. 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.

Click to read full review on Capterra

Jason Beck, Tricore Capital

Join the Industry Leaders

Top performers are switching to Mortgage Automator to power their entire private lending business and generate all their documents in minutes. It’s time to get ahead of the curve, gain a competitive advantage, and deliver exceptional value to your brokers, lawyers and investors!