Finova Payment and Mortgage Services has added Molo to its broker club lending panel.
The digital lender will offer the network’s more than 450 directly authorised intermediaries access to its range of products, including buy-to-let mortgages at up to 80% loan to value, remortgage turnaround offers in up to 24 hours over flexible two- and five-year terms, as well as variable rates.
Molo joins Finova Payment and Mortgage Services’ panel of over 80 lenders, who offer deals that cover standard mortgages, specialist and niche lending products, including residential, BTL, second charge, commercial and development, and equity release.
Finova Connect head of business development Sasha Sprake says: “Customer choice is our foremost priority at Finova, and the addition of Molo will ensure our members can offer an efficient and fully digital service to their customers through the Finova platform.
“Today, customers are familiar with seamless digital experiences, whether they are paying for a weekly shop or organising their savings. It’s only natural that they would expect the same level of service from a mortgage application.”
Molo head of intermediary sales Peter Charge adds: “At Molo, we recognise the importance of supporting clubs and networks, and are thrilled to join Finova Payment and Mortgage Services’ lender panel to help even more borrowers access our online mortgages.”