The Best Mortgage CRMs for Mortgage Lenders

The List You Need

In the fast-paced world of mortgage lending, having the right CRM software can make or break your success. A good Mortgage CRM is like a trusted assistant that never sleeps; it’s there to help you manage your relationships, streamline your operations, and ultimately business growth. But with all the possibilities out there, the question emerges: “What do you need to look for in a Mortgage CRM software?”.

The best way to start your quest is by understanding which questions you need to ask potential CRM providers.

Can your CRM software be tailored to the unique needs of the mortgage industry?

Every industry has its vernacular, processes, and compliance requirements, and the mortgage sector is not exempted. Your CRM should not only understand mortgage-specific workflows but also speak the mortgage language, such as loan stages, remortgage, or loan origination fees.

Additionally, the financial industry faces stringent regulatory standards. Therefore, it is critical to ensure that the CRM you choose is knowledgeable in these areas and offers in-built compliance capabilities.

Is the CRM user-friendly?

Just as important as features and functionality is usability. An excellent Mortgage CRM should be intuitive and easy to use for mortgage originators, loan officers, and brokers. If your team finds the CRM difficult to navigate, your investment may end up gathering virtual dust, unused and unloved.

How about integration capabilities?

In mortgage operations, several software tools are often used simultaneously. Your loan origination software, emailing platform, or digital signature service must work in harmony with your CRM. Investigate whether your potential CRM can seamlessly integrate with other key systems you use daily.

Do you offer adequate customer support?

Knowing that help is available whenever you need it can make the often-daunting task of onboarding a new system less intimidating. Also, the mortgage business is typically a high-stakes environment – time lost wrestling with software glitches can mean deals lost. Ensure your CRM provider offers robust customer service to mitigate these risks.

Is the CRM scalable?

Your business won’t stay the same size forever. So, as you grow, you want a CRM that can scale with you. That means being able to handle an increasing number of clients, while remaining performant and functional. Discuss the scalability of your potential CRM to ensure it can handle your business’s future growth.

In conclusion, identifying the right mortgage CRM for your business is not a task to take lightly. But, by asking industry-specific questions like the ones above, you can ensure that you’re well on your way to making a choice that drives your business toward success.

Choosing the right CRM can significantly improve the productivity and performance of loan officers. To help you decide what may work best for you, we have gathered a list of some of the best mortgage CRMs available in the market.  

Find the right CRM.

Written by: Blake Boyer