Mortgage

2017 HW Tech100 Winner: Advantage Systems

Lenders can use Accounting for Mortgage Bankers to run profitability analysis

Tech100 2

Advantage Systems

 

LENDING, SERVICING

At the push of a button, Advantage Systems' accounting system, Accounting for Mortgage Bankers (AMB), can present which loans comprise any account balance at any time.

Among the company's product offerings is the ability to track transactions on a loan-by-loan basis. It also offers general ledger, accounts payable and report writing capabilities.

AMB also comes equipped with a commissions calculator, which enables loan officers to calculate commissions, commission adjustments, bonuses and overrides. Additionally, AMB shows transactions that have occurred on a loan, allowing for more profitability analysis.

mortgageaccounting.com

Most Popular Articles

3 housing trends to watch for in 2020

The year 2020 is now upon us, and as we say goodbye to 2019, we welcome a new decade and all the twists and turns it will bring for the housing industry.

Dec 02, 2019 By

Latest Articles

loanDepot names Sudhir Nair chief information and technology officer

loanDepot announced the hire of Sudhir Nair as chief information and technology officer this week. Nair replaces Dominick Marchetti, who left for Guaranteed Rate earlier this year.

Dec 04, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please