"It’s a great tool for our members to be able to work with their customer and product variables to see how Vida’s maximum loan changes accordingly"
Vida says that in most cases, intermediaries can get an online decision in principle in less than 10 minutes and a full mortgage application submitted in less than 15 minutes.
Guy Batchelor, Sales & Marketing Director at Vida Homeloans, commented: “The Max calculator is the latest example of designing our technology around the needs of the intermediary and their customers, just as we have done with our 100% online application process so far. In most cases, Intermediaries can get an online decision in principle in less than 10 minutes and a full mortgage application submitted in less than 15 minutes. Plus auto-email updates keep them fully informed at key stages of the process.”
Martin Reynolds, Chief Executive at SimplyBiz Mortgages, added: “Vida has built a very complex and sophisticated residential calculator, one of the best available in the UK mortgage market today. It’s a great tool for our members to be able to work with their customer and product variables to see how Vida’s maximum loan changes accordingly, before then proceeding to their online soft-footprint DIP and online full mortgage application.”
