Since 2007, MonitorBase has assisted Loan Officers in finding new closed loans in their contact database. With a phone number or email address, MonitorBase can monitor a contact effectively and send an alert when a potential borrower is ready to buy. Monitorbase uses predictive analytics, credit monitoring and proprietary technology to provide loan officers with the highest quality alerts to identify ready-to-buy borrowers. This specialty separates Monitorbase from other borrower retention technology companies in the mortgage space.
As of the end of 2022, over 250 mortgage lenders, banks and credit unions use MonitorBase as their borrower retention platform of choice. While many mortgage technology providers have shed customers in this shrinking market, MonitorBase has experienced over 30% enterprise growth throughout 2022. With an average ROI of 625% to the loan originator, it’s easy to understand why 10,000+ retail loan originators have adopted MonitorBase in their tech stack.
Loan Origination, Servicing
Salt Lake City, UT