Partnership
November 30, 2022
Leading AI innovator FundMore partners with Canada's origination giant M3 Financial Group to accelerate mortgage approvals for all Canadians
Canada's largest broker network — 8,300+ brokers across Mortgage Alliance, Invis, and Verico — will benefit from FundMore's platform to work faster, smarter, and more securely.
FundMore, the leader in AI-assisted and cloud-native lending platforms, announced a partnership with M3 Financial Group, Canada's mortgage origination giant, to accelerate mortgage approvals for all Canadians.
M3 is Canada's largest broker network, with more than 8,300 brokers operating across its family of brands. The partnership puts FundMore's AI-assisted origination platform in front of the widest distribution footprint in Canadian mortgage lending.
“The partnership with FundMore accelerates our focus on bringing unparalleled value to our broker and lender partners. We believe this will separate our brokers from the industry pack. Brokers and lenders across our ecosystem will now benefit from FundMore's innovative platform which will make us more efficient, reduce document collection time, and dramatically improve funding times for borrowers. Simply put, FundMore will enable our network to work faster, smarter, and more securely.”
Luc Bernard, Chairman and CEO, M3
“FundMore and M3 share the vision that a data-informed consumer experience is the future of the global mortgage market.”
Chris Grimes, CEO of FundMore
Through its innovative architecture, FundMore will advance M3's broker and customer experience and digital transformation goals by: eliminating manual processes to make underwriting teams up to 50% more efficient; reducing time spent on document collection by up to 75%; reducing funding times by up to 90% with industry-leading AI-driven technology; dramatically reducing application errors and fraud, currently present in 70% of applications industry-wide; and adding an extra layer of security with SOC 2 Type 2 certification.
About M3 Financial Group
M3 Financial Group is the company behind Multi-Prêts Hypothèques, Mortgage Alliance, Invis, Mortgage Intelligence, and Verico. Together, the group offers mortgage brokerage services and insurance products through a network of more than 8,300 brokers across Canada.
Read the release
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