Mortgage Automator Announces Record Growth & AI-Driven Innovation in 2024
Feb 19, 2025 - financialpost.com
Mortgage Automator, a leading SaaS platform for private real estate lenders, reported significant growth and global expansion in 2024, driven by AI integration and strategic partnerships. The company saw a 30% increase in customer count, particularly in the U.S., and expanded its team by 37%. AI-powered initiatives improved efficiency, client satisfaction, and compliance, with tools enhancing client solutions, onboarding, and risk management. Product innovations included a new loan management system, enhanced accounting reports, and compliance tools for U.S. and Canadian lenders.
The company's achievements were recognized with industry awards for ease of business and user adoption. Mortgage Automator also expanded its leadership team to support growth, promoting Jeffrey Furtado to COO and Karan Vaish to CPO, and hiring Imran Khan as VP of Sales. The platform supports over 400 lenders globally, facilitating more than $66 billion in funded loans.
Key takeaways:
Mortgage Automator experienced record-breaking growth in 2024, with a 30% increase in customer count driven by strong adoption in the United States.
The company introduced AI-powered initiatives across the organization, boosting efficiency by 27% and reducing manual compliance work by over 72%.
New product innovations include a next-generation loan management system, enhanced accounting reports, and a Canadian-focused AML compliance suite.
Mortgage Automator expanded its leadership team to support growth, with promotions and new hires in key positions such as COO, CPO, and VP of Sales.
