Mortgage

Companies that process mortgage payments—from banks to third-party lockbox providers—have some of the most complex remittance processing requirements. They face multiple payment types, huge and expanding volumes of data and complex audit and regulatory requirements. To gain a competitive edge, they require advanced payment processing and receivables management platforms that ensure timely and accurate remittance processing.

Creditron has been a leading payment processing solutions provider to the mortgage industry for years. We offer highly flexible, highly scalable integrated payments solutions that help increase operational efficiency, customer service and ROI.

Here’s how. Our image-based remittance solution features capabilities especially designed for the mortgage industry, including: hot files that automatically notify you when a payment on a specific account is scanned; safeguards to prevent mis-posted payments and the related error correction and legal liability; advanced data recognition that eliminates sorting of mixed current due and total due payments, partial payments and multiple payments; and user-defined business rules for the posting of principal and interest allocations. The solution also features an image archive that eliminates paper storage and speeds payment research. 

And our image-based remittance solution integrates with all mortgage accounting systems.

Click here to view a list of our customers in the mortgage industry.