MortgageSource, Twenty7Tec’s cloud based mortgage sourcing system, has been selected by national mortgage network HomeLoan Partnership (HLP).
MortgageSource will be integrated with HLP’s new CRM system, and provided to over 250 Authorised Representative Firms of the network during the first quarter of this year.
HomeLoan Partnership recently selected 360 Dotnet as the provider of their new CRM solution, and MortgageSource has been fully integrated into the 360 Lifecycle system. HLP members will now be able to record client fact find details, source mortgages and protection, produce suitability letters and KFI’s from within one system from any web enabled device at any time of the day.
MortgageSource considers criteria such as acceptable client income streams, specific credit history events, property construction and location variants, as well as offering a range of filters, including Help to Buy schemes, Shared Equity and New Build.
360 Lifecycle is a suite of bespoke client and adviser management system tools used by over 3,000 financial intermediaries.
James Tucker, managing director of Twenty7Tec, said: “After a thorough analysis of all available options, we are delighted to have been selected by HLP to be the Networks chosen sourcing system provider for the next three years. The integration that we and 360 Dotnet have accomplished will drive huge efficiency in process for HLP members, enabling them to better service both their new, and existing clients.”
Chris Tanner, CEO of HomeLoan Partnership, added: “The introduction of the Mortgage Market Review last year has meant that mortgage and protection firms must look to create efficiencies in their business to take advantage of the current need for quality advice for consumers. By selecting Twenty7Tec, we feel we have given our members an accurate mortgage sourcing solution which, in turn, helps manage client expectations and reduce an adviser’s time referring to underwriting guides or on the phone to Lenders. ‘Right first time sourcing’ is not only good for consumers, but for lenders and the adviser themselves.”
