As the fintech company that brought electronic asset verification to mortgage, FormFree is disrupting mortgage tech. Now FormFree is helping to transform the industry again with Passport by putting consumers in control of their data with a combination of blockchain technology and smart contracts. Passport helps lenders better assess ability to pay (ATP) information and open up financial inclusivity to underserved borrowers and all-in-one verification gives lenders on-demand access to consumers’ tokenized ATP information. Another FormFree solution, AccountChek, streamlines the underwriting process for borrowers and lenders, resulting in quicker decisions, higher borrower satisfaction and a more fraud-resistant loan process.
- Led by HW Tech Trendsetter Brent Chandler, FormFree is now entering its 13th year of operations
- Helps lenders reduce average time-to-close by up to 20 days
- Signed more than 3,000 lender clients, including 60% of the nation’s top-50 mortgage originators
- Accepted over 5 million AccountChek Asset Report orders