WINESTONE LAVAL and ASAPP Join Forces to Bring Real Time Mortgage Funding Platform to Market
Toronto, ON – WINESTONE LAVAL has some exciting news to share with you.
WINESTONE LAVAL & CO. LTD. (“WINESTONE LAVAL”), in partnership with ASAPP Online Solutions Inc. (“ASAPP”), announced a strategic partnership to develop and launch a state-of-the-art mortgage funding platform to digitally link mortgage funders with mortgage clients in a secure, easy-to-use and compliant way.
Credit unions and select financial institutions (“FIs”) that are hosted on the online platform will have the “just-in-time” functionality to apply credit liquidity to select mortgage opportunities based on a range of qualified risk profiles. This will increase efficiencies for these FIs because only mortgage applications that the FI wants to consider will be presented. Liquidity management will also be enhanced as the FI will determine, real time, the type and volume of mortgage business it wants to participate in. The data available on the platform will be a competitive advantage.