The integration leverages the APPLY module as well as the finova Distribution Hub. As a result, advisers can now submit Decision in Principle (DIP) applications directly to Pepper Money within the CloudTwenty7 platform. Such a move will avoid duplication, as well as speed up cases.
Decisions are then sent back to CloudTwenty7 to be displayed to the adviser. Case information after the application will also be available to view in the adviser portal to aid completion of the full application and to reduce the re-keying of data. Nathan Reilly, director of lender relationships at Twenty7Tec, said: “The rekeying of data remains a challenge for advisers, particularly for specialist cases where a number of options will often be explored.
“By working with the team at Pepper Money and finova, we’re pleased to have reduced this challenge for CloudTwenty7 users by delivering a more efficient submission process.” Paul Adams, sales director at Pepper Money, added: “Great service in the intermediary mortgage market isn’t just about individual underwriting, named case owners and responding quickly to phone calls, it’s also about investigating other ways to make life easier for brokers, and this integration does just that.”