Mortgage software is mostly suited to clients who have large, or more likely several mortgages they wish to monitor and manage. This is where suitable mortgage software to manage your loans comes in very, very handy.
The mortgage software will allow you to easily track payments and more importantly make payment simple and ensure it’s always done on time. On top of automating these tasks, good mortgage software should also provide you with instant access to your statements or spit out any arrears notices if they are in place.
While many large banks and lending institutions have online mortgage software, which is usually available for a small fee – having external ‘user owned’ mortgage software allows you to safely and officially track your mortgage progress, without having to rely on the banks statements and information.