Back    Home    Contact Me

Having It All Together


When you look at purchasing mortgage software,
look at the total package and not just a few whistles and bells.

You want a software provider offering a good
software package, support, guidance and training.

MC is a company looking at the entire mortgage
lending function, not just a single function.

There are companies offering bits and pieces of mortgage lending software. The major consideration when evaluating mortgage software is what does the software company offer.

Mortgage Computer offers mortgage lending training, guidance, suggestions, and answers to your questions. Where do you turn to obtain guidance and answers in mortgage lending? Turn to Mortgage Computer. More than 50% of MC Customer Support calls request mortgage lending training.

Mortgage Computer has guided many customers in offering different types of loans, document forms to use, how to complete the Good Faith Estimate, the HUD Settlement Statement, APR, how to make construction and commercial loans. How to set up accounting, handle escrows, pay interest on escrow funds, interest accruals, year end, HMDA, and IRS reporting and much more.

Who Uses Mortgage Office Software

  • Credit Unions
  • Banks
  • Mortgage Companies
  • Savings and Loans
  • Insurance Companies
  • Service Bureaus
  • State Housing Finance Agencies
  • Attorneys
  • Title Companies

Automation by Crisis and Piecemeal Automation

Most companies automate activities only when the task becomes a crisis. Management solves the crisis by adding another software package, which only automates that activity. Thus many real estate departments are automated piecemeal.

Solving the crisis involves purchasing another software package. This requires new training, another manual, another company to deal with, and another problem to solve if there is difficulty with the software.

In an article by Evelyn S. Wilks, she wrote,

"Earlier office automation programs addressed only a piece of the pie. They sought to increase worker productivity by automating their activities - to automate people rather than functions...Automating on a part of the function may actually result in duplication of effort and a loss of productivity."

"Joining the band in the automated workstation parade requires both commitment and stamina. The pace of the march is quickening and the music is constantly changing. The rewards are great and getting there sure is fun."

Then, when the crisis is solved, there is the problem of linking all the various pieces (software packages) together.


What is Having It All Together?



The MC Total Solution

Rick displays the side bar menu expanded showing the

832

features available in the "All Together" Web-based Mortgage Office Software.

*  *

A Web-based total end-to-end originating, servicing,
and accounting software for all types of mortgage loans.

*  *

  MC has it All Together



End-to-End Work Flow


Borrower

Loan Application

  • WebApp - 24x7 office for borrower to apply for a loan
  • RapidApp - for laptop, field, or home usage
  • New 1003 Loan Application

Processing

  • Verifications
  • DU/LP Approval
  • Document Printing
  • Funding
  • Secondary Market
  • Loan Sales
  • Document Compliance
  • Quality Control

Construction

  • Construction Loans
  • Disbursements
  • Cost Breakdown
  • Pseudo Posting
  • Accounting

Servicing

  • Loan Servicing
  • Investor Reporting, Fannie Mae, Freddie Mac
  • ARM - Fixed Rate - Biweekly - Interest-First Loans
  • Commercial Loans
  • 360-365-366
  • Escrow Accounting and Escrow Analysis
  • Transaction, Status, History, and GL Interface with Other Systems
  • Credit Line

Accounting

  • GL Accounting
  • Accounts Payable
  • Cashbook Reconciliation

Reporting

  • HMDA Reporting
  • IRS Reporting
  • Cash Management
  • Exception Management Report
  • Plus More

Select a Company Offering a Total End-to-End Solution

MC Offers It All! Your Total End-to-End Solution


I want to enjoy the benefits of Having it All Together!