Mojo Mortgages has revealed that it has driven mortgage recommendations for £140m worth of mortgage capital through its partner API service which launched a year ago.
The white-label product enables third-parties to leverage the online mortgage broker’s Mortgage Matcher and give customers a personal mortgage recommendation in 15 minutes, allowing customisation to create the same look and feel as partners’ own websites or apps.
It allows homeowners to work out exactly how much they could save by remortgaging and switching their deal, while first time buyers can see how much they can afford to borrow and what their monthly payments could look like.
The API offers all mortgage types, including buy-to-let, so customers can access the best deals for them across more than 90 lenders.
By using Mojo’s partnership API, companies can offer their customers a range of personalised deals and access to free real-time mortgage advice, all from within their app or onsite.
Mojo says it has access to more than 20,000 products within the market.
Richard Hayes, co-founder and CEO of Mojo Mortgages, said: “We’re on a mission to create a better mortgage experience for everyone, which is why we launched our strategic partnerships platform last year.
“Since then, the platform has won an industry-leading award, and we have helped thousands of customers get a mortgage, or remortgage through it. What’s great to see is that our partnership platform, has driven recommendations for £140m worth of mortgage capital in the space of just twelve months.
“The partnership API was developed in-house and we’re incredibly proud of what it’s achieved so far. We’re continuously looking for new partners and as an industry we really need to be embracing technology like this in order to change the market for the better and to essentially provide a better customer experience.”