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Foundation Mortgage Launches AskClara, an AI-Powered Assistant to Help Mortgage Brokers Navigate Non-QM Lending

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Foundation Mortgage Launches AskClara, an AI-Powered Assistant to Help Mortgage Brokers Navigate Non-QM Lending

Foundation Mortgage Corporation, a national wholesale mortgage lender specializing in Non-Qualified Mortgage (Non-QM) financing, announced the launch of AskClara, a new AI-powered assistant designed to help mortgage brokers quickly access product information, explore loan scenarios, and identify potential financing solutions for borrowers who may not meet traditional agency lending requirements.

AskClara represents another step in Foundation Mortgage’s ongoing investment in technology designed to simplify the lending process, improve broker efficiency, and make Non-QM financing more accessible. Through a conversational interface, brokers can ask questions in plain language and receive guidance about lending programs, underwriting criteria, documentation options, and potential eligibility.

“One of the biggest challenges brokers face with Non-QM lending is understanding the full range of options available for borrowers who don’t fit conventional guidelines,” said Marc Halpern, Chief Executive Officer of Foundation Mortgage Corporation. “AskClara helps remove that barrier by putting valuable product knowledge directly into brokers’ hands. Our goal is to help brokers recognize opportunities earlier, ask better questions, and find solutions for more borrowers.”

Unlike traditional product guides that require brokers to navigate multiple documents and matrices, AskClara allows users to interact with Foundation Mortgage’s product information through natural-language questions. The assistant is designed to help brokers:

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A central principle behind AskClara’s development is that artificial intelligence should enhance the expertise of mortgage professionals rather than replace human judgment. AskClara can help identify potential eligibility based on published program guidelines, but it is not an automated underwriting or credit approval system.


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