From Order-taker To Ally: Reinventing Customer Success In Mortgage Tech

Our industry stands at a critical crossroads in the rapidly evolving mortgage technology landscape. For decades, customer service teams have been relegated to roles as reactive problem solvers and order-takers who simply put out fires as they arise. Still, the future of mortgage technology demands a radical reimagining of what customer success truly means.

With more than two decades in mortgage technology, I have seen transactional support models — judged solely by ticket-close times — fall short of today’s complex borrower expectations. National Mortgage News recently highlighted that lenders leveraging Freddie Mac’s machine-learning enhancements to Loan Product Advisor shaved five days off loan cycle time while saving $1,500 per file, proving how proactive tech pays dividends.

As the mortgage industry’s digital transformation has accelerated, companies like Rocket Mortgage have set a new benchmark for digital experiences, creating a ripple effect that challenges every technology provider to innovate continuously. However, true innovation extends beyond making a push-button solution or a sleek interface. It requires developing a deep, nuanced understanding of lenders’ challenges and providing transformative solutions that address their most fundamental business needs.

From break-fix to breakthrough 

Forward-thinking providers are abandoning the “break–fix” mentality and adopting a consultative approach that anticipates roadblocks weeks before they appear. When a customer onboards with an advanced platform, the implementation is not simply a software solution; it becomes a comprehensive analysis of the entire operational ecosystem.

The implementation process has become a strategic differentiator for top-tier technology providers. Sophisticated frameworks go far beyond traditional software deployment. Highly trained teams look beyond immediate technical requirements, identifying opportunities to improve efficiency, streamline workflows and eliminate potential bottlenecks before they can impact a customer’s operations.

This approach requires asking the right questions, such as: What additional integrations could optimize their process? Are there ancillary tools that could significantly reduce a team’s workload? How can technology help organizations not just survive, but truly thrive in an increasingly competitive market, able to customize the customer experience and quickly roll out in-demand products?

Tech that adapts, not adds work 

The technological foundation supporting this vision is equally critical. Dynamic application frameworks now provide unprecedented flexibility. The goal is to create platforms that can adapt to diverse lending scenarios — from residential mortgages to specialized loan products like HELOCs and construction loans — all while maintaining a consistent, intuitive user experience.

Technology alone is never the complete solution. Substantial investments in human capital are training customer success teams to think and act like strategic consultants. Today’s customer success managers study pipeline analytics, compliance updates and investor guides so they can surface risks and revenue opportunities — not just answer how-to questions.

Turn vendors Into growth partners 

In the current mortgage technology landscape lenders are facing tough challenges — volatile interest rates, changing regulatory environments, shifting consumer expectations and increasing competition. In this environment, their technology providers can no longer afford to be passive participants. They must operate as true business partners, transferring institutional knowledge gained from hundreds of lender deployments to every new engagement.

The most successful organizations are building deep, meaningful relationships with customers and investing time and resources to truly comprehend their unique business models, challenges and aspirations. This starts with a reimagining and retooling of the vendor-customer relationship. It’s never been just about selling a software solution; it’s always needed to be about offering a strategic partnership designed to drive meaningful business transformation. This requires a level of commitment and expertise that traditional customer support models simply cannot match.

For mortgage lenders, this means identifying technology partners that will do more than provide a basic software solution, set you up, and let you take it from there. It requires teaming with allies that will put in the work to understand the intricate nuances of your business, those problems that keep you up at night, and are genuinely committed to your long-term success.

The future of mortgage technology is not about which POS or LOS vendor has the most features or the most impressive user interface. It’s about which providers can most effectively understand, anticipate and solve the complex challenges facing lenders today and keep them agile in a fast-changing and dynamic market. Consider the Mortgage Bankers Association’s finding that HELOC and closed-end second-lien originations jumped 26% in Q2 2024; lenders with configurable workflows captured that demand while others scrambled to bolt on second-lien support.

The journey from order-taker to trusted partner will be ongoing and challenging, requiring continuous learning, relentless innovation and a genuine commitment on the vendor’s part to understanding and solving the most complex challenges facing customers. But vendors willing to pair flexible technology with advisory-level service will shape the next era of mortgage lending, and grow alongside the lenders they empower.

Sol Klein is Head of Customer Experience & Operations at Floify.

This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.

To contact the editor responsible for this piece: zeb@hwmedia.com.