SYNDi Mortgage Manager services loans funded by a single lender or a syndicate of investors. You can set up the loan, receive investors’ contributions, fund the loan, collect installment from the borrower, and distribute it to investors. It is typically used to administer syndicated mortgages and MICs (Mortgage Investment Corporations). The major benefit of SYNDi Mortgage Manager is to inculcate better lender relations by providing them timely reports and statements which can be emailed to them directly from SYNDi. The system tracks missed payments, processes returned checks and creates accounting entries that can be exported to your accounting software such as Sage 300 ERP (Accpac). You may also link mortgage loans to real-estate properties and calculate Loan-To-Value Ratios. If you work through brokers, SYNDi will calculate their commissions and generate broker statements and broker-related reports. If funds are released to the borrower progressively, e.g., in Construction Loans, SYNDi can be used to process them with ease and generate FSCO documents. The SYNDi Document Library can be used to maintain legal documents related to each loan. Visit https://syndi.ca to learn more.