One Mortgage System pilots second charge sourcing option Mortgage Finance Gazette

Img

One Mortgage System is piloting a second charge option on its broker processing platform.  

The business says its Second Charges Quick Quote software streamlines sourcing by providing instant access to multiple lender quotes. 

It adds: “With real-time comparisons, brokers can quickly identify the most suitable options for their clients, without the need to complete a full decision in principle.” 

The system is being trialled with Pepper Money, Interbridge, and Selina Finance ahead of a full roll out. 

Pepper Money second charge sales director Ryan McGrath says: “We understand the importance of technology in supporting brokers and enhancing the customer journey. 

“This includes both developing our own technology offering to deliver a slick application and completion process, as well as working with our strategic partners on platforms that help brokers to research and source the best option for their clients.  

“Second Charges Quick Quote by One Mortgage System aligns perfectly with our commitment to making second charge lending faster, simpler, and more accessible.” 

One Mortgage System managing director Neal Jannels adds: “Once the pilot is successfully completed, we plan to extend Second Charges Quick Quote to a broader range of second charge lenders, further expanding broker access to instant mortgage solutions while minimising administrative burdens.”