360 Dotnet and Twenty7Tec have signed a new deal to allow users of 360 Lifecycle to access both SOURCE and APPLY from within Twenty7Tec’s CloudTwenty7 platform.
This will benefit advisers that are currently using 360 Lifecycle’s FactFind. Within 360 Lifecycle, this year there has been over 21,000 FactFinds sent, with 78% being returned to the adviser.
SOURCE is Twenty7Tec’s mortgage sourcing system, which enables advisers to source across mortgages, secured and bridging loans, along with equity release products. This new integration will also enable advisers to source first and second charge mortgages, as well as further advances on the 360 Lifecycle platform.
Advisers using the platform will now be able to use criteria-led sourcing to find products for clients, The new feature will allow mortgage brokers to search by criteria, such as adverse credit rating and length of employment, to source and match the right mortgage for the borrower.
APPLY enables the submission of mortgage applications to multiple lenders from one single platform, without the need to re-key client data. Advisers can submit documents, case notes and receive status updates all the way through to completion of the case.
Ozgur Unlu, managing director of 360 Dotnet, said: “We are committed to doing all we can to support our mortgage adviser clients, especially during this challenging time. This new deal will see our integration with CloudTwenty7 efficiently supporting our brokers with both sourcing and mortgage application. This latest integration is very much in line with our commitment to provide the quickest and easiest solution to mortgage brokers and their customers.”
James Tucker, CEO of Twenty7Tec, added: “We are delighted to have signed a long term agreement with 360 Dotnet for their users to have access to both our SOURCE and APPLY modules. We have many mutual clients who benefit greatly from the integration of our two respective systems, and I look forward to working with Oz and the team at 360 Dotnet both now and in the future.”