One Mortgage System has integrated Instamo’s mortgage application technology into its platform, which promises to save brokers an average of 26 minutes per case.
Instamo’s FastSubmit tool allows advisers to complete applications using case information already held within OMS, reducing the need to rekey data.
Brokers will continue to log into lender portals using their usual credentials and will be able to review each field before submitting an application.
Existing lender controls and underwriting processes will remain unchanged.
OMS managing director Neal Jannels says: “The mortgage market has no shortage of technology, but adding more systems does not automatically make a broker’s job easier.
“The real value comes from connecting the right tools and removing unnecessary work without reducing the level of control.
“Instamo supports that by reducing the manual input involved in moving from recommendation to application, while giving brokers the opportunity to review the information before submission.
“Integrating this functionality with OMS further strengthens the link between the advice and application stages and helps create a more efficient process.”
Instamo founder Freddie Savundra adds: “We share a common goal of making mortgage submissions simpler and more efficient, and this partnership is a great step towards achieving that.”