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Acre integrates affordability directly into platform’s sourcing grid

by BestAdvice
3 May 2023
TMA partners with Mortgage Broker Tools
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Acre has introduced its new affordability and sourcing capabilities.

Its sourcing engine provides the ability to preview products with and without filters – from property and client to type of ownership – as well as having a single viewpoint to compare different scenarios, in addition to real-time lender affordability and up-to-the-minute product types.

It will also fully automate generate ‘reasons why’ letters, keeping them in sync with changes to case data.

In addition, Acre’s new affordability functionality is integrated directly into the sourcing grid. It delivers a snapshot of client’s income and expenses, regardless of the complexity of the case – e.g. multiple jobs, shared ownership and self employment. The integration of lender affordability directly into Acre’s sourcing engine eliminates the need to work across separate CRM and affordability systems and re-key data.

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Justus Brown, Acre’s CEO and founder, said: “Brokers are working harder to try to source the best lender product with an affordability model that does not put homeowners at risk. Over the last six months we have listened to brokers tell us of the growing complexity of affordability.

“In turn, our team has engineered a superior sourcing engine and affordability function whose smart use of data and design functionality makes broker’s work easier and the time to DIP faster.”

The platform has also announced a new partnership with Sesame Bankhall Valuation Services (SBVS). Acre users can now offer a panel of RICS member surveyors for clients’ surveying needs.

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