Audience

Supports private lenders, Mortgage Investment Corporations (MICs), municipalities, non-profits, state and local governments, fund administrators, franchisors, and loan servicing outsourcers

About The Mortgage Office

The Mortgage Office is the premier loan management platform trusted by lenders around the globe. Leveraging more than 45 years of experience, our comprehensive solution simplifies loan origination, servicing, and fund management while ensuring seamless compliance. Designed for efficiency and reliability, our platform not only enhances operational agility but also fosters sustainable growth for forward-thinking financial institutions. TMO serves private lenders, municipalities, non-profits, and fund administrators with tools built for the full loan lifecycle, including construction draw management, borrower and investor portals, ACH and EFT processing, and integrations with title, document, and credit reporting partners. Compliance features are built in across all 50 states, and the platform currently supports 1,100+ lenders managing over $190 billion in loans. Customers report saving an average of 10 hours per week and cutting operational costs by up to 40%. Visit themortgageoffice.com

Pricing

Pricing Details:
Schedule a demo to get pricing information for your organization.

Integrations

API:
Yes, The Mortgage Office offers API access

Ratings/Reviews - 2 User Reviews

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5

Company Information

The Mortgage Office
Founded: 1978
United States
www.themortgageoffice.com

Videos and Screen Captures

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Product Details

Platforms Supported
Cloud
On-Premises
Training
Documentation
Live Online
Webinars
In Person
Videos
Support
Phone Support
Online

The Mortgage Office Frequently Asked Questions

Q: What kinds of users and organization types does The Mortgage Office work with?
The Mortgage Office works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does The Mortgage Office support in their product?
The Mortgage Office supports these languages: English.
Q: What kind of support options does The Mortgage Office offer?
The Mortgage Office offers support via phone support and online.
Q: What other applications or services does The Mortgage Office integrate with?
The Mortgage Office integrates with: DigitalTax Connect, Docusign, Filogix, Microsoft Word, QuickBooks Online, Usio, and Xactus360.
Q: Does The Mortgage Office have an API?
Yes, The Mortgage Office has an API.
Q: What type of training does The Mortgage Office provide?
The Mortgage Office provides training in the form of documentation, live online, webinars, in person, and videos.
Q: What pricing for support is available for The Mortgage Office?
The Mortgage Office offers support included with purchase.
Q: What pricing for training is available for The Mortgage Office?
The Mortgage Office offers training included with purchase.

The Mortgage Office Product Features

Loan Origination

Amortization Schedule Supported
Audit Trail Supported
Closing Documents Supported
Compliance Management Supported
Customer Database Supported
Digital Signature Supported
Document Management Supported
Fee Management Supported
Loan Processing Supported
Online Application Supported

Loan Servicing

Accounting Management Supported
Amortization Schedule Supported
Application Management Supported
Auto Loans Supported
Automatic Funds Distribution Supported
Business Loans Supported
Collateral Tracking Supported
Collections Management Supported
Compliance Management Supported
Construction Loans Supported
Customer Database Supported
Fee Management Supported
Investor Management Supported
Loan Processing Supported
Student Loans Supported

Mortgage and Loans

Amortization Schedule Supported
Client Database Supported
Closing Documents Supported
Commercial Mortgages Supported
Contact Management Supported
Credit Reporting Supported
Customer Statements Supported
Document Management Supported
Electronic Applications Supported
Government Loans Supported
Loan Origination Supported
Loan Servicing Supported
Pipeline Management Supported
Pre-Qualification Supported
Refinance Management Supported
Residential Mortgages Supported

The Mortgage Office Verified User Reviews

Write a Review
  • Robert B.
    Owner
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: User
    Company Size: 1 - 25
    Design 1 out of 5 stars
    Ease 1 out of 5 stars
    Features 1 out of 5 stars
    Pricing 1 out of 5 stars
    Support 1 out of 5 stars
    Probability You Would Recommend? 1 out of 10

    "TMO one of my worst mistakes"

    1 out of 5 stars Posted 2024-08-12

    Pros: I can not think of any pros. It was a disaster from the beginning. They gave a great sales pitch, but it was just a pitch, nothing more.

    Cons: To start with they are on the west coast, being three hours behind the east coast. They do not appear to take this into account and when they do reply to an issue it was always after closing time on the east coast. You then return their call, and they reply again after the close of business hours, etc.

    The integration of historic data was a nightmare, and I found it easier to manually enter the historic than use their tools. Their integration just did not work.

    For the customer contact page, they have all sorts of unused spaces, but yet have no field to put in extension numbers and notes next to a phone number. I was told to record this on another page and refer to this if need be.

    There is no way to integrate returned payments.

    When payments were returned NSF the program did strange things with the interest earned and could not balance. When I asked for an explanation, I was told to “plug” the number.

    No logical way to track critical dates.

    If a customer wants a payment to be held or a different amount taken, the program will only work if the payment dates and amounts are changed for all future payments. Then you must go through the whole process again to go back to the original dates and amounts. It does not allow for one time changes.

    I am the business owner and they were reluctant to deal with me for the onboarding, but instead requested that I hire someone to figure it out and teach me later.

    I found then very arrogant and so proud of their program that they did not accept shortfalls pointed out to them. They constantly alluded to the fact that they have been around for forty years.

    Overall: I purchased The Mortgage Office last year and abandoned it quite soon afterwards. Dealing with them was like pounding a square peg into a round hole. I found the system very inflexible and rather than tackle issues directly they devised wild work arounds. They claim to have been selling TMO for forty years, but I find this difficult to believe as some of their glitches were simple basic elementary mistakes. If you do engage with them, I strongly suggest that you base your contract on a trial basis and not prepurchase the entire year or get too deep into the transition. I purchased the full year and just wrote it off when I realized what I got myself into. I am lucky that I used my old system on a parallel basis. It is my experience that TMO gives no refunds no matter how badly they performed. TMO is a prime example of a business working around a program and not the other way around. They will make no small change for your personal needs unless it services the greater good of all their users. TMO also will control all your data, and you are then at their mercy. Better to have a program held on your server that you control and have desired custom work done.

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  • Yanni R.
    CEO
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: User
    Company Size: 1 - 25
    Design 1 out of 5 stars
    Ease 1 out of 5 stars
    Features 1 out of 5 stars
    Pricing 1 out of 5 stars
    Support 1 out of 5 stars
    Probability You Would Recommend? 1 out of 10

    "The Mortgage Office"

    1 out of 5 stars Posted 2021-10-26

    Pros: I cant say anything good about this company. They are unprofessional, rude with zero customer service and respect to their customer needs.

    Cons: Do not sign up with “The Mortgage Office” ; they only want your money. You pay for 1 year upfront for a reason, because after a month you find out everything that was promised to you costs more is not doable. They sold us a $7,000 package that’s not even worth a dollar. We signed up to do commercial loan docs, but we were never able to actually prepare the docs. The system is very complex and you have to program everything yourself. None of this was mentioned to us when we signed up for the product, in fact they say they are one of the best companies for loan docs and the biggest hard money lenders use them. This is a lie and not true. Everything has been a lie from the day we signed up. We called to cancel after a month because the software is slow and not user friendly at all. Spoke to Eric, he is so rude and disrespectful, I asked him for a refund and he just laughed at me and said no refunds.

    Overall: THIS COMPANY IS A SCAM!!!!! They will take your money and if it doesn’t work out and you don’t like it they don’t even care to work with you.

    Read More...
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