"’How much can I borrow?’ is often the first question every client asks"
Mortgage Broker Tools has launched a new affordability platform that promises to give accurate answers for all mainstream lenders in seconds.
MBT Affordability also keeps a record of all cases and affordability results, providing an automatic compliance audit trail.
Case details can be amended at any time and affordability can be re-queried.
Lewis Lenssen, managing director at Mortgage Broker Tools, said: “’How much can I borrow?’ is often the first question every client asks, and now brokers have a simple and effective way to provide an accurate answer, without resorting to estimating income multiples.
“MBT Affordability can make brokers an affordability expert on every case, but is particularly valuable on cases with complex income, loan and credit commitments and properties in the background. It helps brokers to work smarter, deliver better outcomes for their clients and demonstrate a clearer audit trail. There are no long contracts and no set-up costs. Just simple, straight-forward pricing to access this ground-breaking platform that provides brokers with more opportunity to find the right deal for their client, in less time.”