No maturity discovered after the fact.
Every loan approaching maturity appears in the pipeline with its days left. Prepare the new terms, refresh the valuation, get the lenders' consent and send the offer — the renewal becomes a new term on the same loan, with its history intact.
Step by step
- See what's maturingLoans maturing in 30, 60 and 90 days, with automatic reminders.
- Prepare the termsNew rate, term, interest type, frequency, amortization and renewal fee — the payment recalculates as you type.
- Update the propertyNew valuation, tax and insurance status and other mortgages on title.
- Offer, accept, renewSend the offer, record acceptance and signed documents, and the new term starts.
What changes
- Renewals started early, not rushed
- Consistent renewal pricing and fees
- Full history of every term
Used by
- Servicing staff
- Owners
Capabilities
Maturity pipeline
Every renewal and its stage, from review to renewed.
Renewal fees
Paid at renewal, added to principal, spread across payments or charged at discharge.
Amortization
Carries the remaining amortization unless you set a new one.
Lender consent
Lenders confirm whether they renew or want out; replacements are arranged.
Renewal documents
Offer letter and renewal agreement from your templates.
Borrower portal
Borrowers can review and respond to the offer online.
Questions about renewals
Is a renewal a new loan?
It is a new term on the same loan number, so the loan's full history stays in one place.
Works together with
The loan file
One page per loan: balance, next payment, arrears, terms, fees, borrowers, properties, lenders, documents, renewals and a full status history.
Learn more →Property monitoring
Track appraisals, property tax and insurance on every security property, with reminders, requests to borrowers and title alerts.
Learn more →Payouts & discharges
Payout and discharge statements with accrued interest to the day, arrears, fees and penalty, per diem after the good-until date, and the split back to each lender.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.