Mortgage Magic has introduced an innovative solution designed specifically for small and independent mortgage broker firms. This new offering features a streamlined subscription plan that separates Mortgage Magic’s core AI-driven sourcing engine from its extensive back-office suite.
Streamlined Sourcing and Management Solution
By unbundling its services, Mortgage Magic enables smaller firms to access product sourcing and fundamental compliance tracking. This configuration eliminates traditional cost barriers and lengthy onboarding processes associated with comprehensive enterprise solutions.
Key Features of the New Subscription Plan
- Access to AI-powered sourcing engine
- Basic case management functionalities
- No onboarding delays
- Cost-effective pricing for independent brokers
The package provides brokers with access to Mortgage Magic’s live-data sourcing engine. This technology allows for instant cross-referencing of client criteria against thousands of complex lender rules. It facilitates a seamless transition from product sourcing to tracking application and compliance steps.
Insights from the CEO
Tanjir Sugar, CEO of Mortgage Magic, stated that smaller brokerages deserve the same powerful sourcing capabilities as larger national networks. He emphasized the importance of reducing administrative burdens and avoiding high enterprise costs. “We realized that many independent brokers want our AI sourcing but need a straightforward way to track the resulting case,” Sugar said. “This new plan provides them with essential features without requiring a complete business migration.”
This strategic move by Mortgage Magic reflects their dedication to catering to the needs of growing firms. The offering aims to enhance the capabilities of small brokerages, putting powerful tools into their hands while ensuring affordability and ease of use.
