One Mortgage System (OMS) has been adopted by Positive Lending as its primary technology provider.
The agreement will provide Positive Lending with access to OMS’s product sourcing, CRM system and full workflow solution.
In November 2022, packager Positive Lending joined the Equity Release Council and further expanded its already extensive offering with a range of products tailored for the over 55s.
In 2022, OMS processed 42,000 applications worth £9.3bn and has amassed over 12,000 registered users in the last four years.
Neal Jannels, managing director of One Mortgage System (OMS), said: “Positive Lending has been a real force across the specialist sectors for many years and its unique approach to customer-centric funding means that it continues to be at the forefront of the intermediary market for packaged and advised service propositions.
“As an early adopter of technology, it’s a privilege to have the opportunity to work closely with Paul and his team to further improve their tech capabilities and help support any future expansion plans.”
Paul McGonigle (pictured), chief executive at Positive Lending, added: “Technology is evolving at a rapid pace and to be at the top of our game we needed a system which offered more functionality for our clients, brokers, network partners and staff. Following an extensive review, we knew that OMS was the only potential partner that could hit the mark.
“We have worked hard together to evolve the platform to meet our business needs and the team at OMS have delivered what I would argue to be the best multi product packager-based technology in the marketplace today.
“We will continue to work with Neal and his team to continue pushing boundaries to ensure that our specialist lending platform is the pinnacle in today’s market.”
