Building a Mortgage Broker Technology Stack in 2024

Building a Mortgage Broker Technology Stack in 2024

In 2024, the mortgage brokerage industry hinges on technological efficiency. This blog dives into the essential technology stack that every mortgage broker needs to stay competitive. 

We'll explore key systems like advanced Mortgage CRMs, Loan Origination Systems (LOS), and innovative credit reporting tools, focusing on how they streamline operations and enhance customer service. We'll also touch on productivity and verification integrations that further simplify the loan process. 

In the latter part of the blog, we'll look at how Floify integrates with these technologies, underlining its role in a well-rounded tech stack. 

Whether you're refining your existing setup or building a new one, this guide is your roadmap to a tech-empowered future in mortgage brokerage.

Taking Stock of Your Current Mortgage Broker Tools

Before exploring the exciting tech possibilities for mortgage brokers heading into 2024, let's pause and look at where your tech stack currently stands.

This assessment will highlight what's working well and pinpoint areas that require improvement. 

Here are key considerations to guide this evaluation.

Efficiency & Workflow Integration

Examine how well your current tools work together. Are there gaps or redundancies in your workflow? Seamless integration between systems is key for efficiency.

Client Engagement & Experience

Assess how your current technology impacts client interactions. Does it facilitate smooth communication, easy application processes, and timely updates? Your tech stack should enhance, not hinder, the client experience.

Compliance & Security

With ever-evolving regulations, it's critical to ensure that your technology complies with industry standards and offers robust security features to protect sensitive client data.

Scalability & Future-Proofing

Consider whether your current stack can grow with your business. Does it have the capacity to integrate emerging technologies, or will it become obsolete?

Performance Metrics Reporting

Analyze the reporting capabilities of your current systems. Are you able to easily track and measure key performance indicators? Effective technology should offer insightful analytics to inform business decisions.

Training & User Experience

Reflect on the ease of use of your current systems. Are they user-friendly, and is your team fully trained to leverage their capabilities? User adoption is crucial for maximizing the benefits of any technology.

Cost vs ROI

Finally, weigh the costs of your current technology against the return on investment. Is it delivering value proportional to its expense? Consider both direct financial gains and indirect benefits like time savings and client satisfaction.

By thoroughly assessing these areas, you will gain a clear understanding of what you need in a technology stack. This groundwork is crucial for making informed decisions as we explore the various components of a modern mortgage broker's tech arsenal.

Aligning Technology Needs with Brokerage Goals

Now that you've got a clear picture of your current tech landscape, the next step is to figure out what you really need from your technology stack.

It's a bit like planning a road trip – you need to know your destination and the best route to get there. 

Here are some friendly pointers to help you chart out your tech roadmap.

Tech Consideration

What to Evaluate

Pinpoint the Gaps

Start by identifying the cracks in your current setup. Maybe it's a CRM that doesn't quite 'get' the mortgage world, or perhaps it's the lack of a robust document management system. Think about where you're feeling friction and where you're missing opportunities.

Define Your End Goals

What's your big picture? Are you looking to speed up loan processing, improve client satisfaction, or scale your business? Your goals will steer your technology choices.

Consider Your Clients' Needs

Put yourself in your clients' shoes. What would make their experience smoother and more enjoyable? Maybe it's a more intuitive application process or better communication tools. Happy clients often lead to more referrals and repeat business.

Integrations and Compatibility

Look for technologies that play well with others. Seamless integration between your CRM, LOS, and other tools can save you time and headaches.

Stay Agile and Adaptable

The only constant in technology is change. Opt for solutions that are adaptable and can evolve with your business and the industry.

Budget and ROI

Be realistic about what you can afford, but also consider the return on your investment. Sometimes, spending a bit more upfront can save you money in the long run. It's all about finding that sweet spot between cost and benefit.

User-Friendliness and Training

Lastly, don’t forget about the human element. Even the best technology is useless if it’s too complex or if your team can’t use it effectively. Consider the learning curve and the training support available.

Must-Have Apps, Software & Integrations for the Modern Mortgage Broker

Following your assessment of tech needs and goals, the next step is exploring the essential tools for a modern mortgage broker. This section will cover must-have technologies critical in today’s digital mortgage landscape.

From CRM systems vital for client relationships to Loan Origination Systems that streamline operations, and productive integrations like POS, VOI, and credit reporting tools, we'll dive into how each component can enhance your brokerage's efficiency and effectiveness.

1. Mortgage CRM Systems

These systems are not just tools; they're pivotal in managing and enhancing client relationships, streamlining processes, and driving business growth.

Here, we'll explore the key features that make for a powerful CRM, delve into some of the top systems in the market, and guide you on choosing the right one for your business needs.

Key Features to Look For in a CRM

  1. Lead Management: Effective lead management capabilities are vital. The system should be able to track, manage, and nurture leads from initial contact through to conversion, ensuring no opportunities are missed.
  2. Automated Marketing Tools: Look for CRMs that offer automated marketing features. This includes email campaigns, personalized communication, and the ability to segment your audience for targeted outreach.
  3. Client Communication and Follow-up: A top-notch CRM should facilitate seamless communication with clients, offering features like automated follow-ups, reminders, and easy-to-use communication portals.
  4. Integration with LOS and POS Systems: Integration with Loan Origination Systems (LOS) and Point of Sale (POS) systems is essential for a streamlined workflow. This ensures data consistency and saves time by reducing manual data entry.
  5. Customization and Scalability: The ability to customize the CRM to fit your specific business processes and scale as your business grows is crucial. This includes custom fields, workflows, and reporting capabilities.
  6. Compliance and Security: In the mortgage industry, compliance and data security are non-negotiable. Ensure the CRM adheres to industry regulations and offers robust data protection measures.
  7. Reporting and Analytics: The system should provide comprehensive reporting and analytics capabilities to track performance metrics, client interactions, and other key data points for informed decision-making.
  8. Mobile App for Mortgage Brokers: In today’s mobile-first world, having a CRM with a mobile app or mobile-friendly interface is highly beneficial for accessing information and managing tasks on the go.
  9. User-Friendly Interface: A CRM should be intuitive and easy to use, minimizing the learning curve and ensuring high user adoption rates within your team.
  10. Support and Training: Adequate support and training resources are important for getting the most out of your CRM. This includes customer support, online resources, and training materials.

Reviewing Top Mortgage CRMs

Each CRM has unique features and benefits, catering to different needs and preferences. When choosing, it's essential to consider what aspects are most critical for your brokerage. 

Mortgage CRM

Surefire by ICE Mortgage Technology

Known for its robust automated marketing campaigns, Surefire excels in keeping clients engaged with personalized communication. It’s ideal for those looking to automate their marketing efforts extensively.


Built on the Salesforce platform, Jungo offers extensive customization options, making it a great choice for mortgage professionals who require a highly adaptable CRM solution.

Unify CRM

This system stands out for its strong focus on analytics and marketing tools, catering to brokers who prioritize data-driven strategies.


Known for its user-friendly interface and efficient workflow automation, Aidium is a solid choice for those who value simplicity and effectiveness.

MLO Shift

Integrating CRM with marketing automation tools, MLO Shift is designed for brokers who want to streamline their lead management and marketing efforts.

Bluemortgage CRM

Offering a balance between CRM functionalities and loan management features, Bluemortgage is ideal for those seeking a comprehensive tool to manage various aspects of their brokerage business.

Explore the top mortgage CRM options for a more in-depth analysis. 

How to Choose a Mortgage CRM

  • Feature Alignment: Select a system that aligns with your specific business needs and processes.
  • Scalability for Growth: Ensure your choice can grow with your business, catering to both current and future demands.
  • Client-Centric Solutions: Select a CRM that meets the unique needs and expectations of your client base.
  • Seamless Integration: Look for compatibility with existing systems like LOS and POS for streamlined operations.
  • Workflow Fit: Choose a solution that naturally complements your team's work style and operational needs.

2. Mortgage Point of Sale (POS)

The Mortgage Point of Sale (POS) system is a crucial component in the modern mortgage brokerage tech stack.

It serves as the primary interface for borrowers, streamlining the application process and enhancing the overall borrower experience.

Here’s why integrating a robust POS system is essential.

Simplifies the Application Process

A POS system simplifies the loan application process, making it more accessible and less daunting for borrowers. Features like guided forms, pre-filled fields, and clear instructions help applicants complete their applications with ease and accuracy.

Digital Document Management

These systems provide a centralized platform for document management, allowing applicants to upload, store, and manage required documents securely. This feature not only speeds up the application process but also reduces the risk of lost or mishandled paperwork.

Real-Time Loan Updates

Mortgage POS systems offer tools for real-time updates and messaging, keeping borrowers in the loop at every stage of the loan process. This consistent communication builds trust and transparency, leading to a better client experience.

White-Label Branding & Customization

Many POS platforms allow for customization to align with a broker's brand identity and specific operational needs. This can include custom workflows, branded interfaces, and personalized communication templates, providing a unique experience for clients.

CRM & LOS Integration

A key strength of modern POS systems is their ability to integrate with CRM and Loan Origination Systems (LOS). This integration ensures that data flows smoothly between systems, improving accuracy, reducing manual data entry, and streamlining the entire loan origination process.

3. Loan Origination Software (LOS)

Incorporating an LOS into your tech stack is a key step in modernizing your mortgage brokerage operations, offering a more streamlined, efficient, and compliant mortgage loan processing experience.

Here’s how:

  • Application Processing: LOS systems streamline the application process, providing tools for initial application intake, data verification, and pre-qualification steps. This ensures a smooth start to the loan journey.
  • Underwriting and Credit Decisioning: They automate key aspects of underwriting, including credit checks, risk assessments, and decisioning processes. This automation leads to quicker and more accurate loan approvals.
  • Compliance Management: With ever-changing regulations, LOS systems are designed to stay updated with compliance requirements, reducing the risk of non-compliance and associated penalties.
  • Integration with External Systems: Effective LOS platforms integrate with external systems like credit bureaus, CRM, and POS systems, ensuring seamless data flow and improved operational efficiency.
  • Document Management and E-Signing: These systems provide robust document management capabilities, including e-signing features, making the document collection and verification process more streamlined and less time-consuming.
  • Customizable Workflows and Reporting: LOS systems offer customizable workflows and detailed reporting features, allowing brokers to tailor the system to their specific operational needs and gain valuable insights into their business processes.

Popular Loan Origination Systems

LOS System


Encompass, a product of ICE Mortgage Technologies, offers an all-in-one solution with benefits like cost reduction, compliance assurance, streamlined workflows, intelligent automation, and maximized ROI.


MeridianLink specializes in digital and mortgage lending solutions for banks, financial institutions, and Fintech, offering innovative, industry-first solutions with easy integration and enhanced scalability.

Calyx Software

Calyx provides various digital automated lending products like Path, Zenly, Zip, Point, and PointCentral, focusing on fast loan processing, easy incorporation, and ROI growth.


OpenClose automates retail lending across companies and branches, offering secure document sharing, instant processing, cost reduction, and an improved staff productivity with an exceptional user interface.


LendingWise is known for boosting customer engagement and loyalty through its CRM and loan servicing software, offering smart logic for various loan types and real-time collaboration.


LendingPad, a web-based LOS designed for residential mortgage lending, enhances productivity with features like cross-department collaboration, compliance assurance, and insightful analytics.


BytePro provides fast loan processing with features like compliance management, online application acceptance, electronic signatures, and easy implementation.

4. Verification Integrations (VOA/VOI/VOE) and Credit Reporting Tools

Combining Verification Integrations and Credit Reporting Tools are pivotal for a streamlined and accurate mortgage processing experience. 

These integrations play a crucial role in verifying borrower information and assessing creditworthiness efficiently. 

Here are some notable platforms from Floify's integrations.

VOA/VOI/VOE Integrations

  • Plaid: Known for securely aggregating financial data, enhancing the accuracy of income and asset verification.
  • Equifax: Specializes in employment and income verifications, providing quick access to a borrower's employment history.
  • AccountChek: Offers direct-source verification, speeding up the document collection process and reducing fraud risk.

Credit Reporting Tools

  • Credit Plus: Provides comprehensive credit reporting services, aiding in detailed credit analysis.
  • CoreLogic: Offers a range of credit reporting solutions, including credit data and risk assessment tools.
  • CIS Credit Solutions: Known for its customizable credit reports and mortgage credit solutions tailored to lender needs.

The Power of a Mortgage Broker Platform Like Floify

In today's fast-paced mortgage industry, a platform like Floify stands out as a comprehensive solution that revolutionizes the way mortgage brokers manage their operations.

Floify is more than a traditional mortgage broker software; it's an ecosystem that combines various facets of the mortgage process into one streamlined, efficient, and user-friendly platform.

Here's an overview of the unique advantages and capabilities that Floify offers.

Seamless Mortgage Technology Integrations

Floify excels in integrating with a wide array of systems, including various Mortgage CRM systems, Loan Origination Systems, and productivity tools. This integration capability creates a cohesive and synchronized workflow, reducing manual data entry and potential errors.

Enhanced Borrower Experience

With its intuitive interface, Floify simplifies the loan application process for borrowers. It provides a clear, step-by-step pathway for applications, document submissions, and real-time status updates, significantly enhancing client engagement and satisfaction.

Automated Processes

Floify automates numerous routine tasks, from document collection to communication, freeing up brokers to focus on more strategic aspects of their business. This automation not only speeds up the loan process but also ensures consistency and compliance.

Customizable Loan Portals

Offering customizable loan portals, Floify allows brokers to tailor the platform to their specific brand and operational needs. This customization enhances the professional image presented to clients and referral partners.

Robust Document Management

The platform provides powerful document management capabilities, including secure storage, easy retrieval, and efficient organization of loan files. This feature streamlines the document handling process, a critical component in mortgage brokerage.

Reporting & Analytics

Floify also offers reporting and analytics tools, providing valuable insights into loan processing times, client interactions, and overall business performance. This data helps brokers make informed decisions to continually improve their operations.

Making The Cut: So What Should Go Into Your Tech Stack?

Have questions about building your ideal tech stack or want to discuss how to align technology with your business goals? Let's connect!

Whether it's streamlining processes, enhancing client experiences, or scaling your operations, we're here to help you make informed decisions and set your mortgage business up for success. 

Reach out today, and let's talk about taking your mortgage brokerage technology to the next level!