Upscores Finance Passport enables users to leverage their financial history to apply for non-resident mortgages across multiple countries, including Spain, Portugal, and the US. The platform matches applicants with tailored lenders and provides expert guidance throughout the mortgage process, facilitating access to global financing options.
Funding
$654K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Non-resident individuals often face challenges securing mortgages in foreign countries due to difficulties in verifying income and credit history across international borders. This restricts their access to global property markets and investment opportunities.
Solution
Upscore provides a Finance Passport that enables users to leverage their financial data to apply for non-resident mortgages in multiple countries. The platform connects applicants with lenders tailored to their specific financial profile and the target country's requirements. By streamlining the application process and offering expert guidance, Upscore facilitates access to international financing options for property acquisition. The service is free for users, with Upscore earning a fee from lenders upon successful loan origination.
Target Audience
The primary target audience consists of non-resident individuals seeking mortgages in countries such as Spain, Portugal, the US, UK, Italy, France, and Australia.
Features
- Eligibility checker to assess the user's suitability for mortgages in different countries.
- Matching algorithm to connect users with lenders based on their financial profile and target country.
- Online application process for non-resident mortgages using income from the user's home country.
- Expert advisor support throughout the mortgage application process.
- Partner Portal for businesses to help their customers secure mortgages.
- Score Booster feature to build and enhance the user's financial profile (available in selected countries).