Mortgage Automation Technologies (M.A.T.) provides a customizable SaaS platform that streamlines point-of-sale web applications for mortgage lenders and real estate agents. This software standardizes and improves operational efficiency in the housing sector, helping professionals process and close loans more efficiently.
Funding
Funding not disclosed
Founders
Product
Problem
Mortgage lenders and real estate agents often struggle with inefficient, fragmented point-of-sale processes, leading to delays and increased operational costs. Managing applications, verifications, and disclosures across multiple systems can be cumbersome and error-prone. Furthermore, recent NAR settlement implementations require brokers and real estate agents to adopt new transaction management processes.
Solution
Mortgage Automation Technologies (MAT) offers a suite of customizable SaaS platforms designed to streamline and automate the mortgage and real estate transaction process. The BIG Point of Sale provides a configurable point-of-sale solution with simplified consumer workflows and web-based portals, enabling loan originators and back-office teams to collaborate efficiently. The BIG Agent empowers real estate brokers and agents with tools for managing agency agreements, contracts, open houses, and offer submissions, ensuring compliance with new regulations. MAT's solutions integrate with various systems, including Encompass, and offer mobile capabilities, allowing professionals to manage their pipelines and engage with clients remotely. The platform aims to reduce implementation time and provide a low-cost, adoptable solution for independent mortgage bankers and real estate professionals.
Target Audience
The primary target audience includes independent mortgage bankers, mortgage brokers, real estate brokers, and real estate agents seeking to streamline their operations, improve efficiency, and ensure compliance with industry regulations.
Features
- Customizable loan application workflows and landing pages
- Mobile application for loan officers and real estate agents
- Integration with Encompass Web Partner Connect for streamlined data flow
- Automated income and employment verification through partners like Argyle and Informative Research
- Document management system with secure, encrypted environment
- Task-based rules engine for automated task assignments and notifications
- Open house management tools with QR code check-in and disclosure compliance
- Listing management engine for creating customized listing websites and landing pages
- Support for electronic signatures through DocuSign
- CRM contact management shared between loan officers and agents
- Kiosk hardware integration for lead capture and direct access to platform functionality