Enhanced Solutions

For Mortgage Administrators

Simplify in-house loan servicing with seamless draw request approvals, automated PAD payments, and fully branded borrower and investor statements. Stay efficient with a system designed to manage every detail.
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Automate and Simplify In-House Servicing

Designed to manage all aspects of loan servicing, Mortgage Automator handles everything from late payment notifications to detailed distribution breakdowns for title companies. Custom reports provide key insights for smooth operations, whether tracking margins or generating Loan Tapes.
Loan servicing dashboard for 'ABC Lender' displaying a 'Payments Review' section. The interface shows borrower payment details, including loan ID, due date, last payment amount, and current receivables. Built-in financial reporting tools streamline payment processing, transaction tracking, and portfolio-secured credit line management

Comprehensive reporting and statements

The loan servicing system includes pre-loaded reports and bulk action features for efficient payment processing, transaction management, and statement distribution. With trust accounting and one-click reporting for portfolio-secured lines of credit, loan servicing is streamlined and hassle-free.
Loan extension and renewal management interface displaying options for adjusting maturity dates, repayment types, reserves, and loan rates. The system automates fee and penalty calculations, including early termination penalties and extension fees, with the ability to add custom charges. Designed to streamline loan modifications for lenders and financial institutions.

Seamless deal administration

Mortgage Automator is pre-configured to support any lending scenario, automating every step for fast and accurate transactions. A powerful calculation engine ensures precise loan adjustments and seamless management.

All features you'll need to manage your private lending business:

Customizability

  • Input or generated fields
  • Deal & contact level custom fields
  • Custom workflows & communications

Flexible Investor Payment Schedules

  • Full or partial interest
  • Sub-investors
  • A-B-piece (tranche loans)
  • Referrals
  • Management Fees
  • Tax withholding for foreign investors

Payment Handling

  • Automator Pay (EFT / Direct Debit VISA)
  • Automated PAD
  • Deferral / Capitalization
  • Credit card processing
  • Estimated fees
  • Partial payments / Over-time collection

Flexible Borrower Payment Schedules

  • Weekly, bi-weekly, semi-monthly (flexible dates)
  • Quarterly, prepaid (partly or fully)
  • Accrued / Postponed (until next draw)
  • Capitalized (daily, monthly, etc)
  • Interest adjustment paid at funding
  • or regular payment date

Customized Auto-Generated Documentation

  • Commitment
  • Lawyer instructions & distribution calculations
  • Admin / Servicing agreements
  • Welcome letters
  • Renewal docs
  • Discharge statements & distribution instructions

Upload & Reference Documents Easily 

  • Document Upload Portal
  • Broker document transfer
  • Upload via a white-labeled URL
  • Broker Portal

Team Management

  • Custom roles & permissions
  • Management reporting
  • Employee performance tracking
  • Cross-functional task management
  • Custom automated communication triggers

Automated Workflows

  • Create tasks automatically based on various criteria
  • Auto assignments
  • To-do list with due dates
  • Advanced loan sub-statuses based on task completion

Renewals

  • Renewal fees (paid at renewal, upon discharge, added to principal, added to outstanding charges, spread across any number of payments)
  • Custom Renewal Conditions
  • Prepayments at Renewals
  • Ability to change Interest Types

Reports

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

Accounting & Tax

  • Annual Borrower / Investor Statements
  • Reports for issuing T5s
  • Aged Receivables Report
  • Accrual A/R and A/P Reports
  • Lender Income Reports (P&L)
  • Operating & Trust account ledgers

Discharges

  • Discharge statements
  • Discharge instructions
  • Per-Diem calculations
  • Power of Sale module
  • Distribution of fees

Payment Options

  • Post-dated cheques
  • Cheque printing
  • Auto-generated PAD / EFT
  • Automator Pay (direct debit VISA)
  • Credit card payments
  • Automated warnings and alerts

NSF Tracking

  • Batch or individual entry
  • Automated SMS notifications
  • Emails to borrowers (with signed NSFletters attached)
  • Custom NSF fees

Payment Tracking

  • Batch or individual entry of payments
  • Automated SMS notifications
  • Emails to borrowers (with late notices attached)
  • Generate Statements of Account & Invoices

Partial Paydown 

  • Automated distribution
  • Any date and time
  • Collateral / blanket discharges

Additional Loans / Draws

  • Ability to tie draws to Milestones
  • Add custom fees
  • Existing or new investors

Investor & Borrower Statements

  • Monthly auto-emailed statements
  • Customized letterhead & content

Investor Replacement
(Mid-Deal)

  • Replace any investor anytime
  • Auto interest adjustment calculation
  • Holdback / prepayment forwarding

Mid-Loan Adjustments

  • Payment schedule changes
  • Interest changes
  • Frequency of payments

Additional Charges

  • Ability to charge interest & calculate accrued interest
  • Record / Schedule / Request payments
  • Invoicing
  • Credit card integration

Additional Reserves 

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

... and more!

Interested in learning more?

Discover if Mortgage Automator is the right solution for your lending business.
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Integrations
Connect your essential tools
With a comprehensive suite of integrated solutions including credit reporting agencies, broker softwares, insurance providers, credit card processing, eSignature, CRMs, and more, you can perform all critical tasks within a centralized system, enhancing efficiency and simplifying processes for everyone involved.
AICPA SOC 2 Type II certification badge on a shield, symbolizing compliance with industry-leading data security and operational integrity standards. This certification ensures secure financial transactions and rigorous protection of sensitive data in accordance with AICPA guidelines.
SOC 2 Type II Attestation
Secure & compliant
SOC 2 Type II certified in accordance with the American Institute of Certified Public Accountants (AICPA) standard. Mortgage Automator utilizes the highest standards of data security and operational integrity, to safeguard every transaction and record entry with rigorous, industry-leading security measures.

Trusted by 400+ happy clients

10X Growth Fueled by Automation

Read Success Story
“I think the issue was that we didn’t have a proper foundation to go out and raise capital. The people with real money that wanted to invest in loans didn’t look at us seriously because we weren’t set up properly. We couldn’t show them investor statements, we didn’t have the information at our fingertips when they called. Once we implemented the software, it allowed us to go out there and bring in much more capital.”
Lawrence Schwartz
Co-Owner & President, JV Capital

10X Growth Fueled by Automation

Read Success Story
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Lawrence Schwartz
Co-Owner & President, JV Capital

From manual data entry to 4X growth with a click of a button

Read Success Story
“We’re offering more products than we were when we originally adopted Mortgage Automator. They’re able to accommodate different products: fixed variable loans, open, closed, pre-paid, not pre-paid. Whatever option we need, it’s there. We’re constantly expanding our product offering to brokers and we’re able to do that because of the software that Mortgage Automator has. Our internal processes aren’t that much different, it’s just a matter of a few clicks on the loan within Automator and then that deal is set up with those product terms.”
Fiona Elder
VP of Operations, Brightpath Capital

Focus on the Business Instead of the Paperwork

Read Success Story
“I think the issue was that we didn’t have a proper foundation to go out and raise capital. The people with real money that wanted to invest in loans didn’t look at us seriously because we weren’t set up properly. We couldn’t show them investor statements, we didn’t have the information at our fingertips when they called. Once we implemented the software, it allowed us to go out there and bring in much more capital.”
Jason Anbara
Founder & President, NorthLend Financial Inc.

Focus on Speed, Automate the Rest

Read Success Story
“Every lender that’s considering any mortgage software is going to have this decision. You can’t have two, so you’ve really gotta go all-in with one. It’s a big bet. We’re very thrilled that we not only made the bet, but that we saw the demo when we did. We’ve integrated Mortgage Automator into so many facets of our business on the origination side and on the investing side.”
James Grantis
Director of Lending at Hosper Mortgage

From $100,000 to $100M in 2 Years

Read Success Story
“We’ve grown from $100,000 to about $70M in a matter of about a year and a half, and that’s thanks to Mortgage Automator. It’s a great experience to have that automation all in one product. We can distribute investor statements and have an actual platform that can service all our needs within the brokerage, on the investor side, and on the operations and management side.”
Danny Ibrahim
CEO of Mortgage Fund Capital and the Principal Broker& CEO of Keyrate Mortgage Corp.

Solutions that work, service that cares

95.5
Customer Satisfaction Score (CSAT)
Excellent
67
Net Promoter Score (NPS)
Great (Industry Average: 41)

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Learn more about how we can automate and transform your lending operations.
Cute mascot robot Morty pointing to the Mortgage Automator system on the computer