Twenty7Tec integrates CloudTwenty7 with Pepper Money - Mortgage Introducer

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This integration leverages the Twenty7Tec APPLY module, as well as the finova Distribution Hub, which Pepper Money is utilising as part of its origination solution.

To safeguard service levels, Twenty7Tec and Pepper Money have agreed to initiate a controlled pilot phase before a full market launch.

Application integration means that advisers can submit decision in principle (DiP) applications to Pepper Money directly from within the CloudTwenty7 platform.

DiPs are then sent back to the CloudTwenty7 platform and displayed to the adviser and case information post-DiP will be available in the broker portal to aid in the completion of the full application.

Nathan Reilly, head of lender relationships at Twenty7Tec, said: “Flexibility will always be central to the specialist lending market, but with the adoption of technology increasing across advisers and customers, it is important that this flexibility is supported through improved technology in order to deliver a quality journey and experience.

“With this in mind, we’re delighted to have worked with the Pepper Money team to deliver an integration that promises advisers a more efficient way to submit specialist cases and strengthens our panel of APPLY enabled lenders.”

Paul Adams, sales director at Pepper Money, added: “At Pepper Money we are committed to making it as easy as possible for brokers to find a home for their customers who just miss out on a mortgage from a high street lender.

“This means criteria built to cater for a range of specialist circumstances, transparent underwriting and open communication. It also means making use of technology and integrating with the key players in the market.

“This integration with the CloudTwenty7 platform enables brokers to submit mortgage applications to Pepper without leaving the system, making the whole process quicker, easier and more efficient, which will benefit brokers and their customers.”