If you cannot view the content , please click here. ![]() Fundergo brings intelligence and speed to bank mortgage applications with iMort ⋯⋯⋯⋯ Fundergo is eager to change the way today’s mortgage applications are processed. Founded in 2019, the Cyberport incubatee has initially developed Hong Kong’s first non-bank mortgage application platform. This year, it introduces iMort, a three-step-process intelligent platform providing property buyers instant access to multiple bank mortgage plans and a quick application system.
Powered by AI, iMort seeks to empower buyers with non-biased financing information by allowing them to readily compare loan offers from different banks within few minutes. The newly launched system automatically calculates regulatory requirements, the banks’ business appetite, and market rates to present the best available bank mortgage plans, saving borrowers both time and money.
Fundergo CEO Kevin Ng shares that traditional mortgage lending relies on loan sellers who can be biased towards high-commission offers, and for many borrowers, including first-time property buyers, comparing various plans can be overwhelming.
“Efficiency for both mortgage borrowers and lenders is iMort’s ultimate goal. As more and more people use bank loans to finance their real estate purchases, it makes sense to capture this market by bringing them a hassle-free loan experience. Through this digitised platform, Fundergo delivers a rapidly one-stop application process while ensuring that buyers get the best bank mortgage rate for them,” he said.
Fundergo was awarded in start-up realm by Fintech 01 2021 currently for its innovative mortgage service. Envisioning a sustainably efficient end-to-end mortgage process, the Fundergo team plans to further develop iMort and bring it to the Greater Bay Area and the UK.
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