Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Morty is a comprehensive mortgage platform designed to assist brokerages and loan officers in establishing, managing, and expanding their home-financing enterprises right from the outset. It provides an extensive technology suite that features a Point-of-Sale (POS) system, a Loan Origination System (LOS), a pricing engine, and a user-friendly interface for borrower engagement, alongside a connection to over 25 lenders and various loan options including purchase, refinance, HELOC, home equity, secondary homes, primary residences, and investment properties. Central to Morty's functionality is its integration of AI and automation; tools like “Rosey AI” facilitate and expedite tasks such as paperwork processing, asset verification, and document review, which significantly minimizes the manual workload and the likelihood of errors. Additionally, it takes charge of regulatory compliance, licensing, disclosures, and back-office tasks, allowing users to bypass the need for building operational infrastructure or hiring dedicated staff. This innovative approach not only streamlines the lending process but also empowers users to focus on growing their business without the burden of administrative complexities.

Description

Ownify is an innovative program focused on fractional homeownership, aimed at making the dream of owning a home a reality for first-time buyers. By collaborating with investors, Ownify allows individuals to enter the housing market with as little as a 2% down payment, giving them a 2% equity share upon closing. This unique strategy effectively positions buyers as cash purchasers, enabling them to cover other essential upfront costs such as due diligence fees and earnest money, which enhances their competitiveness in the marketplace. Participants in this program, known as "Ownis," are required to make fixed monthly payments that are split into two parts: one part is allocated for acquiring additional equity in the property, while the other part addresses occupancy expenses like maintenance, insurance, and taxes. This framework facilitates a gradual increase in ownership for Ownis over time, allowing them to build equity at a steady pace. After a five-year period, Ownis typically find themselves owning around 10% of their home's equity, with the flexibility to either buy the remaining equity at its fair market value or opt to cash out and exit the arrangement. Ultimately, Ownify not only provides a pathway to homeownership but also empowers buyers to take control of their financial futures in a supportive manner.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$159 per month
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Morty

Founded

2016

Country

United States

Website

www.morty.com

Vendor Details

Company Name

Ownify

Country

United States

Website

ownify.com

Product Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Alternatives

ReverseVision LOS Reviews

ReverseVision LOS

ReverseVision

Alternatives

HES LoanBox Reviews

HES LoanBox

HES FinTech
Lender Optimus Reviews

Lender Optimus

Lender Software Solutions