primorsystems.com
Tools. Resources. Support.
The product manages Individual and syndicated mortgages, pre populates the documentation, amortization schedules, reporting documents, communication letters for NSF cheques, Insurance cancellation, Tax arrears loan maturities and renewals and much more. (We are working on the System having the capability to administer a Mortgage Investment Corporation (MIC) target date Sept 2010).
Allows you to advise other Pri-Mor Subscribers that you have funds available to lend. It will be sent to you through the system, with an e-mail notification that a new deal has reached your system queue for review.
Pri-Mor has a variety of comprehensive reports that will give you a detailed account of the mortgages held. From payments and all activities, to the interest yields and running totals to create ease for tax and accounting purposes.
In the past, borrowers have struggled to learn exactly how much of their payments have gone to interest and to principle, especially if there had been an unusual event on their account example NSF Cheque. With Pri-Mor systems, it allows the broker to provide the borrower with reports that can easily be produced with the click of a button.
A Mortgage Broker need only to click the Pri-Mor icon to select the menu option of his choice.