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How to compare one software to another?

If you are evaluating another loan modification software, please be sure to ask them the following, so you can make an educated decision:

1) Is your solution online or Windows based? (Online software is business-suicide. Your business depends on their very existence, so if they disappear, so will you.)

2) Does the program have a full set of forms ( Application Form, Check List, Letter of Hardship, Client's responsibilities, Working Agreement, Attorney Retainer Contract, Client Proposal, Lender Benefits Analysis, Client Benefits Analysis and Borrower Financial Statement)?

3) Can I change the text of all forms?

4) Can I create additional unlimited forms?

5) Can I merge my company's letterhead, lenders and clients data into forms and contracts I create?

6) Can the program automatically calculate the eligibility of clients under the new Fannie Mae Streamlined Modification Program (SMP)?

7) Does the program calculate amortization tables for the Fannie Mae Streamlined Modification Program (SMP)?

8) Does the program calculate unlimited loan amortization scenarios and create its amortization tables for different rates and periods?

9) Can the program post the progress status of clients to the Internet so clients can view their status 24/7 without having to call me?

10) Does the program have an expandable lenders database?

11) Does the program have an integrated e-mail system, or does it need to use an external program like Outlook?

12) Can the program e-mail the forms that you select in one e-mail, or does it need to send many e-mails for many forms?

13) Can I e-mail several forms in one PDF file as opposed to several PDF attachments? (this is important since clients are confused when they receive many attachments)

14) Can the program send faxes (like e-faxes) directly without an external application?

15) Can the program control independent multiple-follow-up-tasks for the First Lender, Second Lender, Borrower, Co-borrower, etc without an external application?

16) Can I make Invoices and e-mail them directly without an external program?

17) Can I control Accounts Receivable, including recurrent ones?

18) Can I assign commissions with unlimited levels and create payables automatically for my affiliates?

19) Can I write checks with the program?

20) Can I receive and print checks by phone / fax?

22) Do you consider your program a full featured Contact Relations Manager (CRM) and lead-generating and -prospecting software?

21) Does your program offer a money back guarantee on purchases?

Be sure you answered Yes to all of these questions before purchasing loan modification software, as Loan Modification Machine does all of these things and much more...

By features you need to consider what you can do with the software:

Fill in the blank with the software you are comparing us

  1. Does _______ offer automatic importing from the Fannie Mae Merged Report or Format?
  2. Does _______ offer automatic setup up of letters, descriptions and types ?
  3. Can _______ Post to the Internet your client's progress report ?
  4. Does _______ offer automatic importing of forms from the internet into the program?
  5. Does _______ include an Invoice System ?
  6. Does _______ offer a Fully Contact Integrated E-mail System ?
  7. Does _______ offer Accounts Receivables ?
  8. Does _______ offer Accounts Payables ?
  9. Does _______ offer Check Writing ?
  10. Will you be able to Charge of Cards directly from _______ ?
  11. Does _______ include an Integrated Tele-Marketing System ?
  12. Does _______ include an Integrated Task Manager System ?
  13. Does _______ include an Automatic Disputes Follow Up System ?
  14. Does _______ offer automatic importing of Internet Forms (from your website) or automatic creation of clients with automatic population of fields ?

    Ask they what feature they are most proud of. Then check that against the Mortagage Money Machine Net. Our implementation will be better like all features, because we are hard disk based and include a host of powerful features no one else even comes close to.
    Compare then you will see why we are so sure of what we have to offer. After that, read our testimonials, and contact us so we can answer any questions you may have. Youll see for yourself --- no one even comes close. We are proud to offer a Free Trial and Money-Back Guarantee..

 

 
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