Modex Description

Modex focuses on enhancing the recruitment process within the mortgage industry. By claiming your Modex profile, you gain insight into your ranking compared to peers in your region, company, and branch. Additionally, you can discover your Modex Score, understand compensation trends in your area, and find out which companies are actively hiring. With Modex's Make a Move feature, you can connect with recruiters in a secure and anonymous manner. Once you engage with a recruiter, you have the option to communicate through the platform and reveal your identity when you feel comfortable. If you're interested in understanding how other loan officers are compensated, Modex aggregates compensation plans to provide you with average figures for your region, helping you gauge your earning potential with suitable employers. Modex Recruit stands out as a cutting-edge tool, linking mortgage firms with top-tier loan officers, enabling companies to swiftly identify candidates who excel based on various personal attributes and their performance history. This innovative approach not only streamlines the hiring process but also ensures that both candidates and employers find the perfect match.

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Overseeing rate locks, compensation, margins, and overlays has reached a new level of simplicity. LoanTek introduces the ‘Lock Desk Manager,’ an innovative and user-friendly system designed for effective lock management. This feature offers unmatched efficiency in handling pricing rules and mortgage rate locks across all lenders effortlessly. With LoanTek's cutting-edge pricing engine, users can easily oversee overlays and compensation while generating superior execution rate sheets and more. The Lock Desk Manager enhances the management of mortgage rate locks by consolidating current and upcoming locks from all lenders into one streamlined interface. This singular view not only boosts efficiency but also guarantees the application of optimal execution pricing. Additionally, our mortgage pricing engine facilitates access to historical pricing data for each lender, making it simple to retrieve best execution pricing results at any time. By centralizing these tasks, users can save valuable time and focus on other critical aspects of their business.
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Company Details

Company:
Modex
Year Founded:
2018
Headquarters:
United States
Website:
modex.com

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Web-Based
Types of Training
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Live Rep (24/7)
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