The online broker has connected to Mortgage Engine’s application programming interface (API) technology which means its advisers will be able to source multi decision in principles (DIPs) from a single client application.
Mortgage Engine introduced its fully functioning multi-DIP proposition to the mortgage market in November 2019 and has since announced connections with a series of distributors and broker firms.
Mojo is the latest to benefit from the API-driven platform, which enables brokerages to streamline their connection with lenders, and works within brokers’ own systems to drive efficiency and speed across the application process.
Cloë Atkinson, managing director, Mortgage Engine said: “Mojo Mortgages is likeminded in its commitment to simplifying the customer experience and we’re delighted to be connecting with them to help enhance their digital capabilities.
“As a fintech, we believe that harnessing technology like APIs is key to meeting the market challenges over the long-term. We’re proud to provide the only fully functioning multi-DIP technology currently available on the mortgage market and partnerships like today’s mark welcome progress in our journey to connecting more of the industry.”
Mortgage Engine is currently integrated with 22% of the UK mortgage lender market – including Santander and NatWest – and is expanding its proposition to connect more lenders over the coming months.
Richard Hayes, chief executive and founder at Mojo Mortgages said: “We’re on a mission to create a better mortgage experience for everyone and by connecting with Mortgage Engine’s API platform, it marks an exciting step in our commitment to doing just that.
“Embracing tech is in our DNA and this integration will benefit both our brokers and our customers.
“Over the past few months, we have seen a huge demand from customers who are looking to move and take advantage of the stamp duty holiday which ends in March, and by working with Mortgage Engine, our advisers will be able to drive further efficiency in the application process to help our customers secure their dream homes.”
