Mortgage Automator
Mortgage Automator is a Toronto-based SaaS provider of an end-to-end loan origination, servicing, and fund management platform purpose-built for private lenders, credit unions, and mortgage investment corporations across North America.
- Company typePrivate
- Founded2017
- HeadquartersToronto, Canada
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Mortgage Automator does
Mortgage Automator is a Toronto-based SaaS company, founded in 2017, that provides an end-to-end loan management platform purpose-built for the private lending industry. The platform unifies three core modules — Loan Origination, Loan Servicing, and Fund Management — within a single web-based system, covering broker submission intake, underwriting workflows, document generation, payment processing, collections, investor statements, and multi-fund portfolio analytics. Supporting modules include a no-code Automation engine, Borrower and Investor self-service portals, configurable Analytics dashboards, Document Generation, and APIs supporting PDF and JSON data exchange.
The underlying technology is a cloud-hosted SaaS built on a distributed architecture with data centers in Toronto, Quebec, and on the US East and West coasts for real-time replication. Security is treated as a product feature: Mortgage Automator holds SOC 2 Type II certification and employs a proprietary distributed key database, 256-bit TLS, Cloudflare DDoS protection, and multi-factor authentication using key files generated from true-random mouse-movement entropy. The integration ecosystem spans 50+ connectors including broker platforms Filogix and Lendesk, credit bureau Xactus, property data provider Cotality, payment processor Usio, CRM HubSpot, and a Zapier layer reaching 5,000+ additional applications.
The company generates revenue through 12-month SaaS subscriptions priced per seat (up to 10 seats per license), with monthly or annual billing convenience and pro-rated seat additions. Go-to-market is sales-led, with a consultative motion anchored on demo bookings and direct phone engagement (1-844-916-1668), supported by content marketing, webinars, and G2-rated social proof. Target segments include individual lenders, in-house servicers, fund managers, credit unions, and Mortgage Investment Corporations (MICs) across the US and Canada. Following a May 2024 majority recapitalization by BVP Forge, the company operates with PE backing intended to accelerate vertical expansion. The platform reports 485K+ loan originations, $95B in cumulative funded volume, a 95.5 CSAT, a 67 NPS, and a 4.9/5 average review rating.
Mortgage Automator firmographics
Firmographics- Name
- Mortgage Automator
- Legal name
- Mortgage Automator Inc.
- Website
- https://mortgageautomator.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mortgage Automator is a Toronto-based SaaS provider of an end-to-end loan origination, servicing, and fund management platform purpose-built for private lenders, credit unions, and mortgage investment corporations across North America.
- Ownership category
- akta.pro rank
Mortgage Automator industry classification
Industry- Product category
- Loan Origination and Servicing Software
- NAICS
- Consumer Lending (522291), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Services-Prepackaged Software (7372), Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Non-Agency (Jumbo/Non-QM) Mortgage Servicing (FSALAEAB)
- akta.pro secondary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
Keywords
Where Mortgage Automator is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Mortgage Automator business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Mortgage Automator operates as a SaaS company providing loan management software on a subscription basis. Subscriptions include up to 10 seats per license. All subscriptions are based on a 12-month commitment with either monthly or annual payment options. Additional seats can be added on a pro-rated basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Base Subscription with 10 Seats |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Mortgage Automator product offering
Product offeringCore offering
Mortgage Automator is a web-based SaaS loan management platform that delivers end-to-end automation for private lenders, covering loan origination (sales funnel building, underwriting workflows, broker submission intake, document generation), loan servicing (payment calculations, late fees, collections, renewals), and fund management (multi-fund P&L, cashflow analysis, investor statements, subscriptions). The platform is sold on a subscription basis with a 12-month commitment and includes self-service borrower and investor portals, customizable analytics dashboards, and an integration ecosystem of 50+ third-party tools.
Product overview
Mortgage Automator is a unified SaaS platform providing end-to-end loan management software for private lenders. The core offering consists of three integrated modules: Loan Origination (for building sales funnels, automating underwriting tasks, and managing broker submissions), Loan Servicing (for automating payment calculations, collections, and loan lifecycle management), and Fund Management (for managing investment funds, investor relationships, and portfolio performance). Additional capabilities include task Automation, Borrower Portal, Investor Portal, Document Generation, and Analytics Dashboards. All modules operate within a single centralized system with seamless data flow between origination, servicing, and fund management.
Differentiator
Problem solved
Functional benefit
Products and services
- Loan Origination
Quantifiable outcome
- Loan origination process reduced to under 7 minutes (from 30-45 minutes manual)
- +11 more outcomes
Companies that use Mortgage Automator
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles5 records
Mortgage Automator technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature11 records
Mortgage Automator partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights6 records
Mortgage Automator competitors and assessment
Company assessmentDirect peers
- Bryt Software: Bryt Software is a loan management platform purpose-built for private and hard money lenders, with similar loan origination, servicing, and investor reporting features. It is the closest direct competitor to Mortgage Automator in the private lending SaaS niche.
- LendingPad: LendingPad is a cloud-based loan origination system serving mortgage lenders, brokers, and correspondents. It competes with Mortgage Automator's Loan Origination module, particularly for non-QM and private lending workflows.
Broad incumbents
- nCino: nCino offers a broad banking and lending platform used by commercial and retail banks, with mortgage origination capabilities. It is a larger incumbent that competes with Mortgage Automator when private lender customers seek enterprise-grade platforms.
- ICE Mortgage Technology (Encompass): ICE Mortgage Technology's Encompass is the dominant loan origination system in the US mortgage industry. While focused on agency lending, it increasingly addresses non-QM and private lending, posing competitive pressure on Mortgage Automator.
- Mortgage Cadence: Mortgage Cadence provides enterprise loan origination technology to banks and mortgage lenders. It is a broader incumbent whose capabilities overlap with Mortgage Automator's origination and workflow automation modules.
- Temenos: Temenos is a large banking software vendor offering lending and origination modules. It competes for the same credit union and community bank buyers that Mortgage Automator targets in its credit union vertical.
- Finastra: Finastra provides financial software including mortgage and consumer lending solutions to banks and credit unions globally. It is a broad incumbent whose lending suite competes with Mortgage Automator for institutional buyers.
- Abrigo: Abrigo offers lending and compliance software primarily to community banks and credit unions. It is a comparable incumbent for the credit union segment that Mortgage Automator is actively pursuing.
Others
- Lendesk: Lendesk is a Canadian broker platform and an integration partner of Mortgage Automator. While not a direct LOS competitor, it is an adjacent ecosystem participant in the Canadian mortgage technology stack.
Emerging players
- Built: Built is a construction loan management platform used by private lenders and builders. It overlaps with Mortgage Automator in the private lending workflow space, particularly for construction and fix-and-flip loans.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Mortgage Automator social profiles
Digital presenceMortgage Automator compliance and trust
Trust signalCompliance1 record
Mortgage Automator financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mortgage Automator leadership team
Management profileNumber of profiles
Profiles1 record
Mortgage Automator funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mortgage Automator M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mortgage Automator
What does Mortgage Automator do?
Mortgage Automator is a web-based SaaS loan management platform that delivers end-to-end automation for private lenders, covering loan origination (sales funnel building, underwriting workflows, broker submission intake, document generation), loan servicing (payment calculations, late fees, collections, renewals), and fund management (multi-fund P&L, cashflow analysis, investor statements, subscriptions). The platform is sold on a subscription basis with a 12-month commitment and includes self-service borrower and investor portals, customizable analytics dashboards, and an integration ecosystem of 50+ third-party tools.
Is Mortgage Automator a public or private company?
Mortgage Automator is a private company. It is classified as private equity controlled and is currently operating.
When was Mortgage Automator founded?
Mortgage Automator was founded in 2017. It employs 51 to 100 people.
Where is Mortgage Automator based?
Mortgage Automator is headquartered in Toronto, Canada, in the North America region.
How does Mortgage Automator make money?
One revenue line is on record: saaS Subscription.
Who are Mortgage Automator's main competitors?
Direct peers on record are Bryt Software and LendingPad. Broad incumbents are nCino, ICE Mortgage Technology (Encompass), Mortgage Cadence, Temenos, Finastra and Abrigo. Lendesk is listed as an others. Built is listed as an emerging player.
Does Mortgage Automator have an API?
Yes. Mortgage Automator offers API integrations enabling data exchange with third-party systems. The platform supports PDF and JSON data formats for integration purposes, allowing seamless data flow with existing technology stacks. Integration capabilities are part of the comprehensive integrations ecosystem for private lenders. Developer documentation is at www.mortgageautomator.com/integrations.
What industry is Mortgage Automator in?
Mortgage Automator's product category is Loan Origination and Servicing Software. Its primary akta.pro industry code is FSALAEAB, Non-Agency (Jumbo/Non-QM) Mortgage Servicing, with a secondary code of FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance). Its NAICS code is 522291 and its SIC code is 7372.