If you've ever applied for a mortgage loan, you know that it can be a confusing and often intimidating process. For example, try asking your current loan officer if you can choose a rate that is best for your situation … even if it means that the best rate is offered by another lender in another part of the country. Chances are, the lender will look at you like you're crazy. Of course, you can try to research hundreds of rates on your own until you find the best one, but who has the time or resources to do that? We do!

welcome to amortgagepro.com …
a better, easier, faster way to finance your home.

We realize that people who shop on the Internet for their home loan are looking for two main things: superior value and efficient service. We offer all that and more, including:

access to expert, local lending professionals
amortgagepro.com is a radical change from the way mortgages have traditionally been offered on the Internet. We've recruited the top performing mortgage brokers from across the country to join amortgagepro - professionals you know from your own neighborhoods. And we've supplied them with the cutting-edge technology and resources to help make your mortgage shopping experience as efficient and valuable as possible.

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expanded choices
Because we aren't lenders, but maintain an extensive network of mortgage brokers across the country, we are able to provide you with a much greater selection of loan rates to choose from.

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greater efficiency
We provide your local mortgage professional with all the resources he or she needs to do their job even better. Our cutting-edge, automated technology streamlines the flow of your loan application from your kitchen table to the closing table, so the entire transaction proceeds much more smoothly. And because we realize some types of refinance loans are more standardized than others, we can quickly determine if your loan request should be assigned to your local amortgagepro.com broker or if it can be processed directly through a centralized call center.

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value
Besides getting you a great rate on your loan, amortgagepro.com has come up with a unique pricing plan designed to save you even more money.

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situs technologies
Situs Powered™ represents the power behind the MtgNet internet system, which is used to facilitate the flow of loan information between consumers, brokers, lenders, and ancillary mortgage services providers.

MtgNet was developed by Situs and our partner, Syracuse Research Corporation, as a multi-lender business to business process that provides all of the key information about products, rates and associated services that a broker uses. Furthermore, it provides a highly secure Internet gateway for facilitating loan registration, locking, approval and closing. Since it uses standard communication protocols developed by FannieMae and FreddieMac, this open system integrates seamlessly with all of the popular loan processing software systems currently in use. It can also integrate with the increasingly popular lender thin-client systems and many proprietary systems used by the lenders. This seamless automation permits autopopulation of data from the point of sale to closing documents. The system does use some proprietary protocols developed by Syracuse Research Corporation. The MtgNet system allows a mortgage broker to originate and fund loans from multiple lenders by using only an Internet Service Provider and a browser. MtgNet will allow all underwriting, processing, loan documentation, loan tracking, and closing software systems to run on the Web within the secure, real-time Situs environment. All data entered into MtgNet, either by the loan originator or by downloading files from an existing software system, autopopulates to other necessary system participants (e.g. automated underwriting, funding, servicing, etc.), which will increase processing efficiency resulting in decreased costs to consumers. This should also produce better loan files for the lenders, with correspondingly lower exception and follow-up rates for lenders.

In addition to providing consumers and brokers with a choice of lenders providing rates and commitments in real time, using automated underwriting capabilities, MtgNet is also capable of providing risk adjusted pricing and auctioning of loans between lenders. All of MtgNet's features have been segmented into a series of modules that can be implemented at a pace that meets the lenders' internal needs.

The security of any extranet facility is the linchpin of product development. Without the highest level of security obtainable, financial institutions could not safely conduct their business on an outsourced basis on the Web. SRC solves several security issues for the industry that no other firm acting as a webmaster for industry participants could reasonably provide, namely: a secure government research premise conducting the highest level of sensitive research; secure personnel managing and programming data; a 30+ year track record of performance and operation of massive software systems operating in a secure military environment.

MtgNet allows lenders to immediately be able to obtain a fully functional and secure web-based loan origination and management system for much less than an in-house proprietary system would cost, and eliminates the need for an internal Internet service staff and department as a permanent cost center to the lender. Please contact us for further information in regards to hosting your web presence.

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