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Freddie Mac


Mortgagebot with Loan Prospector

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Your Path to Online Lending

Mortgagebot and Freddie Mac – two of the industry's leading technology and mortgage solution providers – enable you to reach more of today's homebuyers, by processing more loans, more efficiently, and expanding your mortgage business. In less than 60 days and for a fraction of what you'd pay to build or acquire a similar product, you can enhance your website to deliver online loan approvals, pricing, rate locks and localized closing cost estimates, and integrate all this data into your loan origination system for further processing.

Available only to Freddie Mac sellers, Mortgagebot with Loan Prospector provides you with a fully functional website that you brand and control.

Unlike other solutions that offer fewer features, or are more expensive, or involve significant process change, you can find the sweet spot for online lending through Mortgagebot with Loan Prospector.

Freddie Mac brings you:

  • An array of mortgage products – Approve many types of mortgages.

  • More loans with less work through Loan Prospector – Assesses more loans, for more borrowers, for more types of loans with an objective point-of-sale decisioning tool that provides an answer in minutes.

  • Reduced fees – Take advantage of this special Mortgagebot with Loan Prospector opportunity and save the cost and hassle of establishing an online presence yourself.

Mortgagebot brings you:

  • Quick implementation – In just 45 to 60 days, you'll have a fully transactional, consumer-based website that you brand and control.

  • Low operating costs – Mortgagebot hosts and maintains your website – you simply respond to the business your website generates.

  • Value added features – Deliver online pricing, rate locks and localized closing costs from your custom-built website.

Mortgagebot with Loan Prospector lets you:

  • Improve customer service and increase retention – Give borrowers all the information they need to obtain a mortgage in less than fifteen minutes, enable more of your staff to serve your clients in a higher quality manner, and cross-sell your customers by offering a variety of additional products.

  • Leverage a new channel, improve existing ones – Reach more borrowers by moving beyond your brick-and-mortar to reach customers over the Internet and bring state-of-the-art web-based origination technology to your loan officers, branches, and call centers.

  • Lower your costs and increase efficiency – Reduce your origination times by 400 percent, accomplish more at the point-of-sale, and completely eliminate all manual re-keying of mortgage application data.

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