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Home Property Tips :: Mortgage Broker Software

Mortgage Broker Software: New Software for the Mortgage Broker Office



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Mortgage broker software comes in a variety of categories – from customer contact management systems to portfolio management software to full suites that cover everything, including escrow and tax forms. For a breakdown of some of the industry's most popular pieces of software for the mortgage broker's office – keep reading.

Mortgage Builder Software (http://www.mortgagebuilder.com)

Mortgage Builder Software is a full loan origination solution and one of the leading software providers in the mortgage broker market. Their software is targeted towards everyone from small, independent brokerage firms to large-scale, wholesale and bank lenders.

The Mortgage Builder suite includes lead management, pre-qualification, interim servicing, tax forms, escrow accounting, documentation preparation, and more. The software also allows a broker to search through all the available loan programs in their loan database, helping them find the perfect match for their borrower and then complete a full 1003 application.

In House Mortgage Loan Origination Software by PCLender (http://www.pclender.com)

PCLender's mortgage origination software is an Internet-accessible software solution that allows mortgage broker's to access up-the-minute, accurate information on available loans, documents, and forms.

Their mortgage broker software suite also includes direct access to vendor interfaces, loan summaries, and even automated underwriting.

Mortgage Broker by Quay Software (http://www.quaysoftware.co.uk/Products/CCD/Industry_solutions/ - then click the "Mortgage broker" link)

Quay Software specializes in software for the financial industry, including the mortgage broker market. Their mortgage broker system integrates with mortgage sourcing packages, guides brokers through the FSA process, keeps track of contacts and customers, and even includes support for complicated portfolios like the rental property investor.

Loan Ledger by Dynamic Interface Systems Corporation
(http://www.loanledger.com)

Loan Ledger is one of the top pieces of software for the mortgage broker industry. Their software is modular based, meaning you only buy the pieces that you need. So, if you're a start-up mortgage broker, you don't have to buy their specialty Home Equity Line of Credit software module or their Escrow Analysis Software.

However, when your business grows, you can plug in these additional modules as time goes on. That flexibility and the quality of their product is what makes Loan Ledger one of the number one pieces of mortgage broker software on the market today.
 

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