Solent Mortgage Services (SMS) has launched its new front end online system for brokers.
It offers an online AIP which checks lenders’ criteria as information is inputted and ‘smart’ forms.
In addition, when the product is selected. the client can be given a report on the lender selected and what other lenders were available.
Full case tracking and document upload facility are also available.
Ian Balfour, CEO at SMS, said: “We have worked very hard to bring what we believe will be the ultimate online service to brokers who want to submit enquiries, receive an AIP with all the requirements laid out and then submit an application straight into our system. The genius of it is that it only requires information to be entered once. Brokers then have full access to 24/7 case tracking as well as the valuable facility to upload documentation as it comes available.
“Brokers can go to our website where they can register and also see a short film about the new system. This is the first part of the project we are delivering to our introducers. Further ongoing development will be around making the whole process easier and quicker for the broker and lenders on our systems. We are looking to give our brokers control at the front end, simplified process from AIP to application and surety of decisions, lenders better qualified cases, quality packs and better AIP to application to completion ratios. In the end it is about better outcomes for the end consumer.”