Mortgage Brain has partnered with Central Trust, Masthaven Bank, Norton Finance, Precise Mortgages, Paragon Personal Finance, Shawbrook Bank, Step One Finance, United Trust Bank and 1st Stop Group for the distribution of their second charge products on the MortgageBrain Classic sourcing system.
MortgageBrain Classic now features an integrated second charge sourcing capability, provided at no additional cost.
It gives advisers the option of comparing any appropriate first and second charge mortgage products, side-by-side, on screen or a print out.
Buster Tolfree, commercial director at United Trust Bank, said: “Mortgage Brain’s integration of its second charge sourcing has made it incredibly easy and straightforward for advisers to consider second charge lending when discussing options with their clients.
“As the main provider of sourcing systems it made perfect sense to choose Mortgage Brain to showcase our products and we’re delighted that its users will have instant access to them.”
Mark Lofthouse, CEO of Mortgage Brain, added: “The feedback and response we’ve received from advisers, networks and lenders since the launch of our fully integrated second charge sourcing system has been fantastic.
“The popularity of second charge mortgage products continues to grow and MortgageBrain Classic users, now, with the inclusion of these specialists lenders’ products, have a greater choice and certainty of being able to offer a second charge mortgage service, which best meets their client’s individual needs.”