Platform allows users to monitor their mortgage in real time
TORONTO, May 2, 2017 /CNW/ - 3Foundations Technology Group has officially launched Monitor My Mortgage (M3), a first-of-its-kind technology platform that gives users the power to determine the best options available to them for their "in term" mortgage – at any time.
Using data that is public and available yet difficult to come by, M3 continuously scours for the best terms, rates and options for each user – even before their renewal – and includes the cost of potential penalties, giving consumers the power to oversee their biggest investment in real time, and make changes as and when it makes financial sense for them.
Free and available via mobile, tablet or web, M3 is not a mortgage calculator, but rather a real-time aggregator of rates, fees and other information that constantly searches for better potential deals that suite each specific situation. It is the only platform that provides seamless proactive scenario planning, based on personalized requirements.
"M3 is the first application to accumulate and share this type of information and customize it for each user; it offers mortgage transparency and governance like never before," says M3 founding partner Brent Hughes. "We wanted to build something that would monitor your mortgage similar to how you would monitor any investment – with data and information that helps show opportunities to save money throughout the term, not just three months before renewal time."
M3 empowers users to be fully informed on how to navigate their mortgage and renewal process and find the best option possible. It also directs users to a mortgage broker as and when they're interested in pursuing a different opportunity. It also keeps users informed on industry and news updates, such as the Bank of Canada rate announcements, Prime Rate announcements and other important information and events that affect the mortgage market.
About Monitor My Mortgage
Monitor My Mortgage is a digital platform that consistently monitors each users mortgage(s) and searches for more viable options. Using data that is public and available yet difficult to come by, M3 does the research for users and allows them to explore the mortgage options that suit their financial needs and objectives, providing full transparency on rates and terms.
Monitor My Mortgage is free and available for download via mobile, tablet or web on our website: https://www.monitormymortgage.com
SOURCE Monitor My Mortgage
For further information: Media Contact: Keera Hart, Senior Account Director, Goldman Communications, 416-322-2863, [email protected]