Mortgage Foundations Connect and Technology
Technology in the mortgage industry is always changing and Mortgage Foundations strives to stay ahead of the curve and provide tools for our agents and brokers to process files quickly and efficiently, while remaining compliant. Mortgage Foundations uses a Zoho Connect system, which houses our training and support systems, lender information, regulator information, FINTRAC information and training as well as all brokerage information. Access to our Zoho Sheet based constantly updated 'Lender Guidelines - Quick Reference' is also found here. No matter what you need, you will find it in Connect!
When it comes to remaining compliant, we have an industry leading compliance process, which eliminates paper based compliance forms and the emailing of client's sensitive information. Compliance is completed using a web-based Zoho Form, which allows you to provide all the required information and securely submit and transmit all required documentation to remain compliant!
Mortgage Foundations utilizes the Scarlett Mortgage Origination system, which not only features a fully functioning and automated CRM; but, also features Scarlett Genius, which ensures updated lender rates and guidelines are available in a click and is also AI-Powered in order to assist in placing your deal with the proper lender for your client's specific scenario!
Mortgage Foundations also provides discounted access to the Canadian Mortgage App, which is hands down the best mortgage app available and can be fully customized and personalized to you, while offering your clients and referral parteners access to many different mortgage calculators and pre-qualification tools!
Mortgage Foundations Connect
Manuals!
The Mortgage Foundations Connect system is where you will find any information you need at the click of a button. Connect is home to our 'Mortgages 101' training platform, 'Brokerage Forms & Material', 'Lender Reference Materials' and much more information to keep you informed and well prepared to close more deals!
Mortgages 101
All Things Mortgage Manual!
The 'Mortgages 101' manual is full of mortgage information from the basics to advanced material. Whether you need to fully understand 'Amortization' or 'Rate Types' to more advanced subjects such as how to calculate 'Business For Self Income' or 'Collateral Transfers', you will find it here!
Mortgages 101
Information In a Click!
Need to know which documents are required for a specific income type, what type of Identification is acceptable, tips on underwriting a file ahead of submission to assist with a quick approval, sample submission notes or what documents are required for a investment property purchase or re-fi? You will find it here!
Lender Reference Material
Everything Lenders Manual!
The 'Lender Reference Materials' manual contains everything about lenders, whether Prime (A), Alternative (B) or Mics/Private; you will find it here. If you need to know how much a lender pays, how to find their rate sheet, lender contact info, guidelines, or access to our guideline sheet, you will find it here!
Lender Guidelines Reference
Quick Reference For Lender Guidelines
The 'Lender Guidelines - Quick Reference' is an ever changing sheet that displays lenders guidelines for hundreds of different scenarios. Whether you need to know who allows 'Flex-Down', 'Max Properties', 'Extended Ratios', 'Gig Income', 'HELOCs' or even which alternative lender has a 'Non-Conforming' program, these and many other questions get answered here!
Web-Based Compliance Checklist
Makes Staying Compliant Easier!
Our 'Compliance Checklist' is processsed in a secure web-based environment where once your file is 'Broker Complete' you can complete your compliance and upload any required documentation using our secure upload service. This compliance program eliminates the need for using paper based compliance forms and emailing clients secure information in order to complete your compliance step. Once received by the brokerage, compliance is verified and approved within the program. Easy Peasy, and most importantly...Secure!
Scarlett Origination and Genius
Mortgage Origination and Rate All In One Place
Our 'Scarlett Mortgage Origination' system not only allows you to receive, structure and submit your clients mortgage application; it also features a full functioning CRM system full of automations. Included with Scarlett is Scarlett Genius, which is AI-Powered Deal Placement technology that automatically matches deals with lenders and provides instant access to rates, guidelines, lender forms and much more! Scarlett Genius allows you to be sure that your file fits with the planned lender; which in turn leads to more approvals and less time wasted!
Canadian Mortgage App Access
The Leading Canadian Mortgage App!
The Canadian Mortgage App is full of usefull calculators, such as, Pre-Qualification Calculator, Mortgage Calculator, Purchase Calculator, Land Transfer Tax Calculator, Closing Cost Calculator and many more! The app can be personalized to you, is fully customizable and can be shared with clients and referral partners. The Pre-Qualification Calculator can be used to give clients a good idea of what they could qualify for, or even assist your Realtor partners to ensure clients are qualified prior to house shopping. Access to the Canadian Mortgage App is offered at a discounted price from their regular subscription cost with the brokerage spliting the cost!
