10 Automation Ideas for Mortgage Brokerages

By automating routine tasks, mortgage brokerages can reduce errors and increase their overall productivity. This, in turn, can lead to higher client satisfaction and growth. Here are our top 10 recommendations for automation tools that can give your brokerage a competitive edge.

1. Floify

Floify automates loan management processes, making loan origination less cumbersome and more effective. This web-based software ensures transparency for your clients while also offering a secure platform for communication, document uploading, and status updates. From initial application to final closing, Floify helps keep things organized and efficient.

This tool comes with high praise for its easy integration with other software, making it an invaluable addition to your mortgage brokerage technosphere. Plus, its reputation for top-notch customer service is a huge plus.

2. Podium

Chosen by more than 150,000 businesses, Podium is the perfect tool for consolidating and managing all your interactions with clients and leads. Features such as Missed Call Follow Up Automation and Sale Completed Review Invitation Automation are particularly important for mortgage brokers who need to maintain consistent, efficient, and effective communication.

We think Podium is a valuable addition because it not only improves client relationship management but also assists with online reputation management. Its array of options and integrations provide customizable solutions for any brokerage.

3. Zoho Creator

Zoho Creator is all about building custom apps for your business processes. With Zoho Creator, a mortgage brokerage can automate tasks from lead tracking to loan management.

Zoho Creator earns our endorsement because of its versatility. It’s more than just an automation tool. Its ability to create custom applications tailored specifically to the needs of mortgage brokers makes it stand out.

4. Calyx PointCentral

Calyx PointCentral is a mortgage platform that allows brokers to automate data management, document completion, and loan processing. Through a comprehensive system, loan origination becomes noticeably more efficient.

With Calyx PointCentral, tedious paperwork becomes a thing of the past, making it easier to focus on what truly matters: your customers. This attention to customer engagement is why we believe in this tool’s effectiveness.

5. Total Expert CRM

Total Expert CRM offers a finer perspective on managing client relationships. It focuses on ensuring prospective mortgage clients get tailored experiences by automating personalized marketing and engagement workflows.

We recommend Total Expert CRM for its client-centric approach to automation. It’s sure to give your clients a personal touch while enhancing efficiency.

6. Byte Software

Byte Software provides a comprehensive loan origination system, automating much of the loan process and making it less overwhelming and more efficient. It extends its functionality to support loan processing, underwriting, and closing in a single platform.

Byte Software earns its spot in our top 10 because of its commitment to creating a seamless and efficient loan process for both your clients and your team, making it an excellent tool for any mortgage brokerage.

7. Finastra LaserPro

Finastra LaserPro is a loan-originating software that offers an in-depth automation solution tailored to lenders, including mortgage brokerages. With risk assessment and compliance checks, the tool automates loan origination processes.

We back Finastra LaserPro for its multifaceted approach toward loan origination and its high-standard compliance capabilities. Its automation of complex compliance checks makes it a top pick.

8. Stripe

Stripe is an online payment processing platform that, thanks to its automation of payment schedules, allows mortgage brokerages to manage their cash flow with just a few clicks.

The ease of handling and level of security that Stripe establishes make it a solid pick for any business looking to automate its financial operations.

9. LenderHomePage

LenderHomePage is a mortgage-centric online marketing solution designed to automate the online presence of mortgage brokerages. The software facilitates efficient generation of mortgage leads through SEO-optimized website designs and helps automate the marketing process.

With a tailored approach to online marketing for mortgage brokers, LenderHomePage deserves every endorsement.

10. Finmo

Finmo offers a digital mortgage platform that automates the application to funding process, offering a simple and secure way to submit mortgage applications online.

We recommend Finmo because it simplifies the mortgage application process by allowing brokers to track, submit, and close deals swiftly and efficiently.

Find Your Perfect Match

Now that you’ve seen our top picks for automation in the mortgage brokerage industry, you might be wondering how to get started. That’s where Podium comes in. With our expertise in helping local businesses harness the power of efficient communication and productive interactions, we can guide you in integrating these automation tools effectively into your business.