Less expensive, full featured (but dated) loan origination suite
Rating: 8 out of 10
IncentivizedUse Cases and Deployment Scope
Mortgage Builder provides the loan origination components for our loan officers as they walk customers and potential customers through the entire loan process and post-loan process. It offers us both web-based as well as Windows-based applications to facilitate this process. It also allows the customers to take part in the process through document management and monitoring.
Pros
- End-to-end loan origination process
- Web-based tools for originators
- Back-end data access for customized reporting
Cons
- Their web-based customer portal and customization is somewhat dated
- Their support is solid but seems to be over-burdened and slow at times
- Pricing components seem to be a work in progress
Likelihood to Recommend
Mortgage Builder offers a solid and stable group of products that will allow you to manage your customer pipeline end-to-end, with good support, at a lower price compared to the big boys in this arena. That said, you will have a less polished offering but they are moving in the right direction of updating many of their components.