OTTAWA, ONTARIO, CANADA, March 4, 2025 /ennovaterz/ — Highclere Capital Ltd. (“Highclere”), a Mortgage Finance Company built by longstanding professionals in the mortgage industry, has chosen Fundmore.ai Inc. (“FundMore”), an award-winning best-in-class, and Canadian-based mortgage underwriting software business, as their industry-leading loan origination solution.
FundMore’s comprehensive automated LOS (Loan Origination System) streamlines overall mortgage-related workflows, thereby reducing risk, improving efficiency through analytics, and ultimately creating a faster and easier mortgage review and funding process for lenders and their borrowers. For brokers, the ease of interfacing through a dedicated portal and the platform itself means a faster and more effective process for Highclere’s important broker community relationships.
“Our mission is to leverage technology to improve the mortgage experience in Canada, enabling us to make life easier for homebuyers and homeowners,” said Paul Grewal, President of Highclere. Through this partnership, Highclere will leverage the power of FundMore for loan underwriting, fulfillment, and servicing requirements. Highclere’s demands for best-in-class technology means leveraging FundMore’s AI tools that solve for real lender issues, such as automated document processing, enhanced fraud detection and managing compliance requirements.
FundMore’s AI Agents will be incorporated to provide smarter underwriting workflows. And AI driven Quality Control measures around real-time scanning and reduced processing time are also features that Highclere and FundMore agree, will ensure Highclere’s stakeholders should and will benefit from under the Highclere brand.
“Our partnership with FundMore is a further step to this goal, bringing Canadians a vastly improved mortgage process through technology, innovation, and client service. FundMore shares our view that buying a home today is far more stressful than it needs to be. We aim to change that.” Added Leon Dadoun, CEO of Highclere.
“FundMore is a cloud-native loan adjudication platform and Highclere recognizes that Canadians have come to expect more from their lending partners, expecting a frictionless borrowing experience, where getting a mortgage is as easy as shopping online,” said Chris Grimes, FundMore’s CEO. “We are in a market where borrowers expect underwriting to be a one-day process, and lenders of all stripes should be rethinking their legacy systems. Lenders like Highclere recognize where the mortgage industry is going and are determined to lead this transformation.”
