Mortgage brokers using LendingPad know that every new loan file comes with a checklist of compliance requirements — verify the borrower's identity, screen them for anti-money laundering, and collect their tax documents. Doing this manually for every deal takes time and creates bottlenecks. With Fastkey's Zapier integration, all three steps can be triggered automatically the moment a new loan is created in LendingPad.
Three Automations for Every Loan File
Fastkey offers three separate Zap templates for LendingPad, each targeting a different compliance requirement in the mortgage process:
1. Identity Verification
When a new loan is created in LendingPad, Fastkey automatically sends the borrower an identity verification request. The borrower verifies their identity using their government-issued photo ID and facial recognition — all done online. This satisfies the Know Your Client (KYC) requirement that every mortgage broker must meet.
2. AML/PEP Screening
FINTRAC requires mortgage brokers in Canada to screen clients for anti-money laundering (AML) and politically exposed persons (PEP) compliance. This Zap automatically sends an AML/PEP screening request through Fastkey when a new loan is created. The screening checks the borrower against global watchlists, sanctions lists, and PEP databases.
3. CRA Document Collection
Income verification is a key part of the mortgage approval process. This Zap automatically sends a CRA document collection request to the borrower, allowing them to securely share their Canada Revenue Agency tax documents (Notice of Assessment, T1 General, T4 slips) directly through Fastkey. You choose 2–5 tax years depending on your requirements.
How It Works
Each automation follows the same simple flow:
- Trigger: A new loan is created in LendingPad
- Action: Fastkey sends the borrower a verification request (IDV, AML/PEP, or CRA) via email
- The borrower completes the process through Fastkey's secure online portal
- Results are delivered to your Fastkey dashboard — and optionally to Google Drive, Sheets, or Slack through additional Zaps
You can run all three Zaps simultaneously, so the borrower receives all three requests as soon as the loan file is created. No manual follow-up, no delays, no missed steps.
Why This Matters for Mortgage Brokers
The mortgage industry in Canada operates under strict compliance requirements. FINTRAC mandates identity verification and AML/PEP screening for real estate transactions. Lenders require income verification before approving a mortgage. Missing any of these steps can delay closings, create compliance risk, or result in penalties.
By automating these steps through LendingPad + Fastkey:
- Every loan file is compliant from day one — no steps get missed
- Borrowers get verified faster — requests go out instantly, not when someone gets around to it
- Your team focuses on closing deals — not copying data between systems
- You have a complete audit trail — every verification is tracked and documented
Setting It Up
Each Zap template takes about 5 minutes to set up:
- Create a Fastkey account at fastkey.com/register (Business account required)
- Search for "Fastkey" and "LendingPad" on Zapier to find the three templates
- Connect your LendingPad account — Zapier will guide you through the authentication
- Connect your Fastkey account — enter your Fastkey email and password
- Map the borrower's details — match the name, email, and phone from LendingPad to Fastkey's request fields
- Turn on each Zap — you can enable all three to run in parallel
Completing the Workflow
Once the borrower completes their verifications, you can add more Zaps to handle the results automatically:
- Save PDF reports to Google Drive — keep a permanent copy of every verification organized by borrower or loan number
- Log results to Google Sheets — create a compliance spreadsheet that updates automatically
- Send Slack notifications — get alerted when a verification comes back so you can move the deal forward
- Email the report to the lender — forward the completed verification directly to the lender's underwriting team
Who Is This For?
- Mortgage brokers who want to automate their compliance workflow from LendingPad
- Mortgage brokerages that process high volumes of loans and need consistency
- Compliance teams that need to ensure every loan file meets FINTRAC requirements
- Loan processors who want to eliminate manual data entry and follow-up
Get Started
Automate your mortgage compliance workflow today. Connect LendingPad to Fastkey through Zapier and let identity verification, AML/PEP screening, and CRA document collection happen automatically for every new loan. Visit our Zapier integration page for setup instructions.