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!
Based on the 2020 customer ratings on 
Key Servicing Features
Payment Options
Post-dated cheques
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 / Repair Schedule
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
Distribution of fees
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
Reporting
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
Accounting
Annual Borrower/Investor Statements
Investor 1099s/Borrower 1098s
Aged Receivables Report
Accrual A/R and A/P Reports
Lender Income Reports (P&L)
Operating & Trust account ledgers
Integration with QuickBooks
Additional Reserves
Initial reserve amounts
Monthly top-ups
Pre-payment of monthly top-ups
External payment tracking
Reporting
Cut our manual process over 60%
Mortgage Automator gave our asset-based lending institution exactly what we needed to grow, and it was made for this type of industry. It is custom tailored for our individual needs not only in front and operations but in back and servicing. This software has allowed us to become paper-free and cut our manual process over 60%.
Must Have Mortgage Software for Private Money Lenders
Mortgage Automator has done what its name says- Automated my mortgage process. I am able to get paperwork out to Title Companies and Lenders in minutes now rather than hours! And the team has allowed me to customize my documents to meet my needs. All reporting, calculations, payoffs, paperwork are now a push of a button with everything systematized! This product allows me to do what I do best and not worry about the paperwork! HIGHLY Recommend it!!
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.
Time to be part of industry leading conversations
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!
175 + happy clients including:
Award Winning Software
Integrations & Partnerships
