A report writer application designed by Indus Systems for finance & insurance and real estate & property management companies.
SYNDi manages mortgages and other loans in cases where an investor or a group of investors lends money for a loan. It is used primarily by Mortgage Brokers and Syndicators. In a typical scenario, the company sets up the syndicate, advances the loan amount to the borrower, receives the payment on monthly basis and distributes it to the investors after deducting a percentage from the interest amount as the management fee. The system automates the loan management cycle and maintains relevant records until the loan is paid off.
SYNDi handles all loans including mortgages that are payable in monthly installments (interest only or amortized over a period with a balloon payment).
SYNDi cuts down paperwork and saves time so that you concentrate on marketing while SYNDi takes care of managing the mortgage cycle.
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