'We grew quickly, to doing thousands of deals in a short span of time'
The following article was written in association with Lendesk.
Since launching in 2021, BRX Mortgage has rapidly become known as one of the most innovative, transformative and fastest-growing brokerages in all of Canada. Sitting at its helm is Scott Peckford – an industry hero who’s helped the firm expand to over 370 agents and fund 5,520 mortgages – surpassing $2.4 billion in total mortgage volume.
But this growth isn’t happenchance – to help achieve his success Peckford invested in the most up-to-date sector technology, primed to supercharge deals and minimize time consuming admin tasks. Here, Peckford used Finmo by Lendesk.
From startup to multi-billion dollar operation
At BRX Mortgage, Peckford’s challenge was complex. Having begun life as a small start-up BRX Mortgage quickly turned into a multi-billion dollar operation – meaning that while revenue increased so too did the paperwork.
“We grew quickly, to doing thousands of deals in a short span of time,” says Scott Peckford, founder of BRX Mortgage. “The biggest challenge was compliance—it was manual, time-consuming, and just didn’t scale. We needed a platform that could automate the process without sacrificing accuracy.”
For Peckford, he had to grapple with how to streamline manual compliance – essentially looking for an automated, scalable compliance solution that could handle their 5,520 funded mortgages.
Luckily, Finmo had what Peckford was seeking. By leveraging Finmo’s state-of-the-art suite of tools, Peckford – and broker owners like him – are now able to streamline processes, automate compliance, and significantly reduce administrative burdens.
How Finmo supported BRX Mortgage’s growth
Faster onboarding
Finmo is intuitive and user-friendly—brokers can master it in hours, not weeks, and begin generating revenue sooner.
A seamless client experience
The mobile-friendly borrower portal simplifies the application process, allowing clients to easily apply, upload documents, and track progress without constant broker intervention.
Lender spotlight add-on
Brokers from BRX gain instant access to comprehensive lender data - including rates, policies, and alternative lending options, to quickly and easily find the right products for their clients.
Integrated connectivity
Finmo’s flexible integration capabilities allow BRX brokers to connect their CRM and other essential business tools effortlessly. By leveraging Finmo’s integration tools BRX brokers can automate workflows, ensuring client data flows seamlessly between systems.
Real results
Since implementing Finmo, BRX Mortgages have experienced a 1,050% increase in in total funded mortgages, jumping from 441 to 5,520 in three years – as well as a $2.4 billion increase in total mortgage volume funded.
“When we started building Finmo, we focused on solving the day-to-day challenges of individual brokers,” says Carter Zimmerman, President of Lendesk.
“As Finmo grew, we recognized that scaling effectively meant building solutions not just for individuals, but for entire brokerages - supporting operational efficiency, compliance, and reporting. This has been a core strategy for us, and partnering with fast-growing brokerages like BRX continues to help us stay ahead of where the industry is going."
