Mortage Application - ID Verification & Open Banking
Mar 2017 - July 2017
We reimagined the mortgage application process for home buyers. The mobile app captures identity & photo in real time, validates them with CRA’s and then gathers their financial information via open banking process, thereby assessing their income and expenditure.
The applicants identity and finance information is then used by lenders during the mortage application & agreement in principle (by passing all the boring paper work by brokers/agents).