Real Estate – Mortgage Servicing Software
Autopal may also be utilized as a mortgage servicing software. Implementing Autopal as mortgage software allows the user access to all of the features of the application for processing home and real estate loans. Loan origination features, such as the ability to upload and store documents right inside the application are useful for processing mortgage loans. However, Autopal also includes features that are specific to mortgage needs, such as tracking source companies. Because mortgage loans are often referred from other companies or locations, it is often necessary to track the source of the loan. Autopal provides this functionality by default. The user is able to track and infinite number of source companies with each loan. Autopal as mortgage servicing software also allows the user to extract source company reports to assess the loan performance from each source company. Such data may be used to determine future directions with a source company.
Loan Modifications
Autopal mortgage servicing software facilitates changes to loans, such as loan modifications. The software allows administrative users to change the loan's due date or to edit the terms of the loan. Autopal as mortgage software lets you manage the loan your way.
Multiple calculations and formulas may be applied to determine loan rates. Customers may make their mortgage payments securely online using the web interface. The mortgage company may customize and brand the interface for the end user. Autopal as mortgage software addresses any need that may occur in the mortgage loan process.
Insurance Tracking
Collateral must be insured to protect the assets of the company. Autopal mortgage servicing software tracks insurance and provides the status of insurance on the Loan Summary report for each loan account. In addition, Autopal mortgage software includes a feature that allows the user to print reports of accounts with no insurance or expired insurance. Protect the loan company's assets and maximize profits with Autopal.
Online Payments and Automatic Withdrawals
Autopal features include the ability to create loan account holder access to the software to enable online payments for customers. However, this robust software also allows you to set up automatic withdrawals. The software may be configured to perform a one-time withdrawal or recurring withdrawals for payments. Loan companies may also configure the software to run the automatic withdrawal for up to five tries in case the withdrawal fails.
Autopal User Tracking
Autopal enables creation of an unlimited number of user accounts. Along with this functionality, Autopal provides Each action and transaction is tagged with a user identifier so that the administrator of the software is able to track users to see what each user is doing inside the application. Additionally, Autopal enables the creation of reports for actions of each user.
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