Flagstar MortgageTech Accelerator
This program delivers strategic guidance to fintech mortgage technology startups to accelerate product market readiness. One-on-one access to top industry veterans and unique product testing opportunities allow participants to evaluate the viability of future investments and/or partnerships.
A national incubator program for mortgage fintech startups
Applications are now open for Flagstar Bank’s fourth MortgageTech Accelerator program. It is the first and only accelerator program in the United States solely dedicated to mortgage technology. The program is delivered entirely online and is open to any startup applicant who can participate in sessions that will be scheduled in the U.S.
It's easy to apply.
Please email your pitch deck and all questions to [email protected] by March 24, 2023.
Who should apply?
Fintech startups developing innovative solutions for the mortgage sector, including origination, processing, marketing, servicing, compliance, sales, underwriting, credit, and quality assessment.
How are candidates selected?
Criteria for selection include potential for technological innovation, prospects for growth, and CRA impact. Candidates will be selected in April, and the program will run from May through July.
What are the benefits of the MortgageTech Accelerator program?
Participants gain access to:
- Partnering with an established national bank with over 35 years in the mortgage business
- Customized curriculum based on current and future needs
- Access to senior executive mentors from Flagstar with deep industry experience
- Informal Q&A sessions with Fannie Mae
- Informal sessions on compliance and regulatory matters with Orrick, a leading tech-focused law firm
- Ability to test product/solution in a real-world controlled environment
- Access to a wide network of potential customers
- Potential for investment from Flagstar on successful completion of the program
- Potential for a vendor relationship with Flagstar on successful completion of the program
It's easy to apply.
Please email your pitch deck and all questions to [email protected] no later than March 24, 2023.
Previous MortgageTech Accelerator participants
OrangeGrid is a Dallas, Texas, fintech founded in 2014 that provides dynamic software to automate and track life of loan data throughout the default loan servicing cycle. The technology uses automated workflow templates and dynamic dashboards to simplify processes and handle exception management. It enables users to collect loan information and document, manage timelines, and get answers in real time.
Calque Inc., based in Austin, Texas, was founded in 2021 to help take the stress out of buying a new home. With Calque, homebuyers can buy their new home before selling their current home, thus eliminating the need to find or lease temporary living space, store furniture, or pay movers twice. Calque works with well-established lenders to implement its solution.
Stavvy is a Boston, Mass., venture-backed financial technology company that designs platforms to manage security risk, eliminate fragmentation, and increase speed and transparency in real estate transactions. The company's mission is to create efficiency and security in the consumer/mortgage lending lifecycle.