Today, our flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs, and risks while improving data quality and borrower satisfaction.
Mortgage Machine™ may be a new name in loan origination platforms, but it is backed by a seasoned team of mortgage professionals and software developers with vast experience in digital mortgage origination, processes and technology. While it was originally built to sell to wholesale lenders, the economic downturn of 2008 inspired our CEO Jeff Bode to get back in the mortgage space, utilizing his expert knowledge and unique viewpoint as to where other lenders went wrong. This bet proved to be highly successful.
The platform has been seasoned throughout years of use as the loan origination system of record for digital mortgage pioneer Click n’ Close (formerly known as Mid America Mortgage). Over the years, Click n’ Close has leveraged Mortgage Machine to power its TPO and retail originations, and the company currently uses the system to buy loans from other mortgage bankers originated using alternate platforms. In addition, a top 20 independent mortgage bank has used Mortgage Machine for over a decade, closing thousands of loans totaling over $4 billion.