Only earned money leaves trust — and never without a second approval.
Moving money out of trust is the control regulators care about most. Amortivo calculates how much the company has actually earned and collected, refuses anything above it and requires a different person to approve each transfer.
Step by step
- Request a transferFrom trust to operating, with what it's for.
- Check the maximumEarned and collected spread and fees — anything more is refused.
- Second-person approvalThe requester can't approve their own transfer.
- Mark sentOnce the bank has moved it, the transfer posts to trust and the books.
What changes
- Investor money protected
- Clear segregation of duties
- An audit trail for every dollar out
Used by
- Owners
- Mortgage administrators
- Accountants
Capabilities
Maximum calculation
Only company money can leave trust.
Dual control
Enforced in the database, not just the screen.
Breakdown
Which loans and fees make up the transfer.
History
Every transfer with requester, approver and dates.
Rejections recorded
With the reason.
Books updated
Trust ledger and general ledger post together.
Questions about trust transfers
Can one person request and approve?
No. A different person must approve every transfer out of trust.
Works together with
Trust ledger
A trust ledger posted automatically from payments, advances and distributions, with sub-ledgers for each lender, the company, borrower reserves and holdbacks.
Learn more →Three-way trust reconciliation
Import the trust bank statement, auto-match lines and prepare the monthly three-way reconciliation of bank, book and client ledgers, signed off by a second person.
Learn more →General ledger
A full general ledger for private lenders: chart of accounts, automatic postings from servicing and trust, manual journals with approval and reversals instead of edits.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.