Mortgage intermediaries registered with Complete FS will receive free access to the system to enable them to source mortgage products from the distributor’s panel of lenders. This will be further enhanced within a month when intermediaries will have the additional functionality of sourcing secured loan products. Intermediaries will be able to access the platform on any mobile, tablet or laptop device and from any operating system. Furthermore, users will have the functionality across a range of different product types.
The Enquiries/Placement Desk and underwriters at Complete FS will utilise the combined system to help assist intermediaries in selecting appropriate lenders and products for their clients. In addition, Complete FS will maintain a record of each enquiry and will provide all of its intermediaries in both Networks and Directly Authorised firms, access to the platform to enable them to source Complete FS products, and submit cases to Complete in an efficient manner, free of charge.
The combined sourcing system utilises MortgageSource, Twenty7Tec’s mortgage sourcing system, which is currently used by nearly two thousand intermediaries and LoanSource, the company’s secured lending system, to deliver a detailed analysis of appropriate secured lending options for every client.
James Tucker, Managing Director of Twenty7Tec, commented:
“After a thorough analysis, we are delighted that Complete FS have chosen us as their preferred sourcing system for both in house staff, and introducers. Our combined sourcing platform and its focus on accuracy aims to help packagers and distributors, such as Complete FS and their intermediaries streamline the process of sourcing and submitting business. We believe this will not only result in better service to the intermediary market, but most importantly better outcomes for borrowers”
Tony Salentino, Director of Complete FS, commented:
“We believe this is a major step to improve the sourcing and correct selection of products for the intermediary market. In addition it shows real added value to the packager, intermediary, network relationship with the end borrower benefiting from the combined strength and expertise of all parties. The second phase of development will allow users to compare a remortgage against a secured loan assisting the intermediary and borrower in making a more informed decision with evidence of the research undertaken to aid the outcome. We are delighted to be the first packager/distributor to offer this additional service, which will further improve customer outcomes and support the proposition offered by our Placement Desk.”
