17 years helping Australian businesses
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What Is Maxwell?

Trusted by hundreds of lenders and thousands of loan officers, Maxwell offers forward-looking solutions that address the entire mortgage process, from point of sale to outsourced solutions and secondary market trading. Maxwell’s comprehensive offerings help lenders stay ahead of the competition while improving their workflow and margins. Maxwell empowers mortgage lenders, banks, and credit unions to serve tens of thousands of homebuyers a modern lending experience.

Who Uses Maxwell?

Credit unions, community banks and independent mortgage lenders choose Maxwell to get the customization they need while delighting borrowers and improving margins.

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Reviews of Maxwell

Average score

Overall
4.8
Ease of Use
4.8
Customer Service
4.9
Features
4.6
Value for Money
4.7

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
82%
4
18%
Shauna
Shauna
AVP, Mortgage Processing Manager/Underwriter in US
Verified LinkedIn User
Banking, 201–500 Employees
Used the Software for: 1+ year
Reviewer Source

Progessive Mortgage Lending

5.0 6 years ago

Comments: Maxwell empowers us to reach the clients faster, work on their schedule, and offer an easy to use, secure, alternative to visiting a brick and mortar bank branch. Clients have a clear list of what is needed that they can access at any time and upload the documentation needed at anytime. Clients can even take pictures of documents with their phones! This may sound small, but it's pretty great. Maxwell provides easy to templates that proactively communicate with clients as well as referral partners with the touch a button. It keeps the transparency between all parties allowing the timeline from application to remain true and unbiased. Maxwell is a leader in Progressive Mortgage Lending and I can't wait to see what the future holds!

Pros:

Ease of use, accessibility, simplicity of tasks, transparency of communications between the lending team, referral partners, and the clients.

Cons:

Issues with my company's Firewall due to the Box integration that can block our ability to view submitted documentation. Troubleshooting for this has not been ideal.

Mike
LO in US
Banking, 201–500 Employees
Used the Software for: 1+ year
Reviewer Source

Maxwell

5.0 5 years ago

Comments: high level of satisfaction.

Pros:

Customer tracking which has led to loans that would have fallen out of my pipeline.

Cons:

Some of the 1003 features ie the order of imputing the borrowers info, REO not flowing to the REO section.

Trystan
Loan Processor in US
Financial Services, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

Happy customer/user

4.0 5 years ago

Comments: Overall satisfied - took some getting used to at first, but I have utilized the DocuSign feature for this product heavily, and it's expedited things immensely on all of my files.

Pros:

Maxwell/FastTrack helps to make upload of borrower-specific docs much easier, and our borrowers like using it as it sends their documents to us (the lender) securely/safely. Also - the task reminders have proven helpful to our busier clients

Cons:

It doesn't always quickly update the file's status based on the updates in our origination software (LQB), right away; I usually have to manually update the milestones in the drop downs in Maxwell, which isn't a major inconvenience or anything... Just would like it if it was more automated, in that it changes the milestones in Maxwell at the same time/same day that the milestone changes in the actual loan file. (And yes, the LQB Loan #s are entered and verified on each of my files, so I can upload directly to LQB from Maxwell.... I think it's just a lag in the systems' communications between one another.)

Don
loan officer in US
Banking, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

Great software to increase your business and efficiency

5.0 5 years ago

Pros:

This product is very easy to use and is a huge time saver. It really improves efficiency among our team.

Cons:

Sometimes issues come up that could use improvement but most of the time we can make the changes needed to improve the functionality.

Maegan
Branch Manager in US
Real Estate, 51–200 Employees
Used the Software for: 1+ year
Reviewer Source

Review

5.0 5 years ago

Pros:

Helps my clients feel their information is secure, I like that it syncs with our system and auto transfers approved documents. Ease of use for client and myself.

Cons:

My agents seem to have issues with the functionality of the FlexLetters

Kaci
Mortgage Loan Originator in US
Financial Services, 51–200 Employees
Used the Software for: 1-5 months
Reviewer Source

Great software!

5.0 4 years ago

Comments: Anytime I have had an issues, it has been resolved quickly.

Pros:

I use Maxwell daily and the ease and convenience of it is priceless. I love that borrowers can upload documents and it syncs right to my loan file. It cuts out so many steps!

Cons:

The only thing I wish is that it was incorporated within my loan software.

Zachary
Processor in US
Financial Services, 201–500 Employees
Used the Software for: 1-5 months
Reviewer Source

Very Easy to Use

5.0 4 years ago

Comments: Incredibly easy, quick, and allows for secure communication with our borrowers.

Pros:

This makes it incredibly easy to send requests and receive documents from our borrowers securely and quickly.

Cons:

At times bugs will pop up that push documents out multiple times to the loan.

Patrick
LO in US
Financial Services, 51–200 Employees
Used the Software for: 1-5 months
Reviewer Source

Easy

4.0 4 years ago

Comments: Great

Pros:

easy to use and manage a large number of customers and their documents. The customization of when reminders go out is great

Cons:

Nothing comes to mind. Sometimes things aren't easy to customize or to quickly look at at a glance.

Gina
Loan Officer Assistant in US
Banking, 1,001–5,000 Employees
Used the Software for: 1-5 months
Reviewer Source

EasyMax

5.0 4 years ago

Comments: I like how easy it is for collecting documents

Pros:

It is friendly and so easy to use for clients.

Cons:

I am under the impression that clients can't go back and edit their application after it's been submitted?

Kristi
Branch Manager in US
Banking, 51–200 Employees
Used the Software for: 1-5 months
Reviewer Source

Great system!

5.0 5 years ago

Pros:

I love the ease of this product. It is so helpful in keeping in constant communication with my clients.

Cons:

There were occasional errors in syncing up with my LOS system.

Caitlin
recruiter/loan officer in US
Real Estate, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

Love it!

5.0 5 years ago

Pros:

Easy to use, easily mobile friendly, easily integrated!

Cons:

Looking for a little more product availability.