Automate Your Entire Private Lending Business (Canada)

Save hours of manual work by automating all processes, reducing errors and increasing efficiency.
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VS

Traditional Text Based Software

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Mortgage Automator Platform

Mortgage Automator logomark

Loan Origination

80+min

~1 min

There's no way to properly receive data unless it's written on a paper application. The information may be inaccurate.
Can't be estimated
Receive the deal electronically (via broker software integrations). Get the credit bureau within Automator. You can also add the deal information manually (3-5 min)
~10 sec
The term sheet is issued.
Can't be estimated
The term sheet is issued.
~10 sec
Prepare Lawyer Instructions manually.
10-15 min with templates
Prepare Lawyer Instructions manually.
10-15 min per form
Investor information is provided; lawyer instructions and compliance documents are available. All the information is stored in Mortgage Automator.
~1 min
Figure out the closing date, calculate the interest adjustment, if there are multiple investors, recalculate interest adjustments. Distribute accordingly to each investor. If there is a servicing fee or spread being charged to the investors, interest adjustment has to be calculated with the spread going to the administrator.
15-20 min
Funds were deposited, the closing date was selected, lawyer distribution or advancing statement is available.
~10 sec

Loan Servicing

90+min

1 employee

~4min

Manual input to cash management online or third party EFT platform. Verify and validate all files. Remove all discharged files, add all new files. Update payment amounts, make sure all the numbers are accurate.
From 10 min to a
dedicated employee
The deal is funded, the payment is automatically set up for pull.
~10 sec
Create a debit file (pull funds from borrowers), select payment period for accrued interest.
~10 sec
Remove investor payments that were supposed to be sent (based on the discharged loans), add amounts for investors based on the new files they funded. Make sure all of the numbers are accurate.
Can't be estimated
Generate a credit file and efficiently manage investor transactions. Disburse funds to investors, adjust payments by removing those tied to discharged loans, and allocate new amounts based on recently funded files.
~10 sec
Prepare investor statements each month.
Can't be estimated
Investor statements are sent out automatically.
~10 sec
Calculate per diems
Calculate penalties
Calculate payout fees
15-20 min
Payouts:

Select the requested discharge date, per diem is calculated automatically
Penalty can be calculated automatically
Payout fees can be calculated automatically
~1 min
Recalculate per diems.
5 min
Prepare discharge distribution breakdown for investors.
10-20 min
Payout date can be modified and per diem updated automatically, discharge distribution breakdown is ready.
~1 min

Loan Renewal

10-20 min

~1 min

Prepare the renewal agreement
Repost all conditions
Re-enter data if the interest rates or fees require updates.
10-20 min
The original data is prepopulated from the existing loan. Adjust information/loan terms and choose conditions. The agreement is ready.
~1 min

Loan Origination

VS

Traditional Text Based Software

icons for traditional text based software such as excel and word

Over 190 Min

Mortgage Automator Platform

Mortgage Automator logomark

Under 7 min

Book A Demo

vs

Traditional Text Based Software

icons for traditional text based software such as excel and word

Loan Origination

80+min

There's no way to properly receive data, unless written on a paper application. The information may be inaccurate.
Can't be estimated
The term sheet is issued.
Can't be estimated
Prepare lawyer instructions manually.
10-15 min with templates
Prepare lawyer instructions manually.
10-15 min per form
Figure out the closing date, calculate the interest adjustment, If multiple investors, recalculate interest adjustments. Distribute accordingly to each investor. If there is a servicing fee/spread being charged to the investors, interest adjustment has to be calculated with the spread going to the administrator.
15-20 min

Loan Servicing

90+min

1 employee

Manual input to cash management online or 3rd party EFT platform. Verify and validate all files. Remove all discharged files, add all new files. Update payment amounts, make sure all the numbers are accurate.
From 10 min to a
dedicated employee
Remove investor payments that were supposed to be sent (based on the discharged loans), add amounts for investors based on the new files they funded. Make sure all of the numbers are accurate.
Can't be estimated
Prepare investor statements each month.
Can't be estimated
Calculate per-diems,
Calculate penalties (if applicable),

Calculate payout fees (if applicable).
15-20 min
Recalculate per-diems.
5 min
Prepare discharge distribution breakdown for investors.
10-20 min

Loan Renewal

10-20 min

Prepare the renewal agreement, Repost all conditions, Re-enter data if the interest rates or fees require updates.
10-20 min

Total Time:

Over 190 Min

Mortgage Automator Platform

Mortgage Automator logomark

Loan Origination

<10 sec

Receive the deal electronically (via broker software integrations). Get the credit bureau within Automator. You can also add the deal informatio    n manually (3-5 min).
<10 sec
The term sheet is issued.
<10 sec
Investor information is provided; lawyer instructions are available; compliance documents are available as well. All the information is already stored in Mortgage Automator.
< 1 min
Funds were deposited, the closing date was selected, lawyer distribution or advance statement is available.
<10 sec

Loan Servicing

<4 min

The deal is funded, the payment is automatically set up for pull.
<10 sec
Create a debit file (pull funds from borrowers), select payment period for accrued interest.
<10 sec
Create a credit file. Send funds to investors.Remove investor payments that were supposed to be sent (based on the discharged loans), add amounts for investors based on the new files they funded. Make sure
<10 sec
Investor statements are sent out automatically.
<10 sec
Payouts:

Select the requested discharge date,

Per-diem is calculated automatically.

(If applicable) penalty is calculated automatically.

(If applicable) Payout fees are calculated automatically.
< 1 min
If the actual payout date is different than requested, adjust the date, Per-diem updated automatically, Discharge distribution breakdown is ready.
< 1 min

Loan Renewal

<1 min

The original data is prepopulated from the existing loan. Adjust information/loan terms if necessary, choose conditions. The agreement is ready.
< 1 min

Total Time:

Under 7 min

Book A Demo
AICPC SOC2 type II certificate
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.

Don’t take our word for it, read what other private lenders have to say about us.


5 stars

“User-friendly software interface and comprehensive features

The Mortgage Automator’s intuitive design makes navigating complex mortgage processes a breeze, even for users with limited technical expertise. Additionally, the robust reporting capabilities provide valuable insights into loan performance and operational efficiency, empowering lenders to make informed decisions.”

Jason Anbara
Founder & President, NorthLend Financial Inc.

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5 stars

Mortgage Automator is an absolute game-changer!

Their services are top-notch, making the private mortgage process smooth and efficient. The automation they provide simplifies tasks, saving time and the team at Mortgage Automator is a dream to work with - knowledgeable, responsive, and always ready to go the extra mile. Their customer service is unparalleled.

Kendra P.
Verified G2 Review
5 stars

Very pleased with our choice of Mortgage Automator

What we like most about Mortgage Automator is the ease of use along with the very responsive and helpful customer service. It is completely integrated and helps us in all phases of our business, from originating, to underwriting, to servicing, keeping our entire business under one software.

Chris A.
Chief Operating Officer, Yieldi
5 stars

Finally, a loan servicing program that's flexible with a supportive team!

Since making the switch, I have been incredibly pleased with the results. The Mortgage Automator has not only saved me 3-4 hours weekly by streamlining my processes, but their support team has been outstanding. What sets Mortgage Automator apart is their genuine commitment to their customers' success.

Sherman A.
President, Keyhole Connect LLC
5 stars

Easy to Use, Simple, Flexible, Intuitive and Great Customer Service

Exceptional! No issues from day one - MA has always been there to support, teach and listen. MA is easy to use, simple, flexible and intuitive. It has the ability to handle many different types of scenarios and transactions. The customer service is exceptional. The response time, efficiency and knowledge are beyond industry standard.

Tina H.
Director, Funding and Administration, Portage Capital
5 stars

Mortgage Automator has made our lives better

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. The MA people are incredibly helpful and adaptable to make changes as we see fit for our business. They are ROCKSTARS!

Lauren H
Senior Mortgage Underwriter, Magenta Capital Corporation
5 stars

Incredible Customer Service

The software has made my life so much easier. It does exactly what we need it to do! (The support team) is so attentive to our needs and takes every suggestion and makes it a reality for us. I can not be happier with how this product has truly freed up my time and made things run so smoothly.

Katherine S.
Director Investor Services, Pacific Equity and Loan, LLC
5 stars

This software has allowed us to focus on the growth of our company and has allowed us to scale.

When underwriting loans, it is a huge benefit to have all of the information in one place to look at all of the prior business we have done with a repeat customer. Their support team is great and they are very available and willing to make changes as needed. Love this company!

Craig J.
President, Avalon Capital LLC
5 stars

Very satisfied with Mortgage Automator

Getting our business on Mortgage Automator has been a massive shift for us and has brought positivity in all areas of our business. This software is very robust yet very easy to use and figure out. It has helped us transform our operations and continues to allow us to streamline and improve efficiency.

Mark C.
Mortgage Broker, One Stop Mortgage Corp.

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Learn more about how we can automate and transform your lending operations.
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Email: support@mortgageautomator.com
Phone: 1 (844) 916-1668
Address: 160 Bloor St E, Suite 1010,
Toronto, ON M4W 1B9

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