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Three second charge industry heavyweights launch broker portal


Paul Crewe

Three second charge mortgage industry heavyweights have come together to launch a new broker portal aimed at reducing processing times.

www.smartmoneysourcing.co.uk aims to deliver end-to-end secured loan origination and packaging solutions and has been developed by Target Group, Twenty7Tec and Smart Money.

Smart Money commissioned Target Group to deliver a new web portal solution for its introducing partners to provide access to a wide range of loan products.

Target’s new broker portal communicates in real time with its Bluechip loan-processing platform and brokers are able to register and submit application to Smart Money securely via the portal.

The portal includes features such as online case tracking as well as the ability to upload requested documentation to the portal and view case update notes left by the master broker’s processing staff.

Target has worked with Twenty7Tec using its LoanSource system which has been integrated into the broker portal, which will allow Smart Money’s introducing brokers to source products before submitting an application.

Twenty7Tec was awarded Best Sourcing System at the 2016 Loan Talk Second Charge Mortgage Awards, while Smart Money was named B2B Broker of the Year.

“In building on our existing relationship with Target, we have been able to streamline our end-to-end process and benefit from the efficiencies that Target Bluechip and the broker portal provides,” said Paul Crewe, managing director at Smart Money (pictured above).

“Our customers now have 24/7 access to source products, submit applications, view updates from us on existing applications and upload requested documentation for our processing teams to review.”

Jeremy Edwards, chief client officer at Target Group, said it was delighted to have been chosen by the master broker to supply its broker portal.

“It will allow Smart Money to manage [its] business more efficiently, enhancing the excellent service already provided by Paul Crewe and his team – which was recognised in the recent Loan Talk industry awards.

“The combination of the broker portal and our Target Bluechip loan-processing platform is a compelling end-to-end solution that Paul recognised would benefit his organisation greatly.”

James Tucker, managing director of Twenty7Tec, added: “We are delighted that our LoanSource system is now integrated with the Target broker portal in addition to the previous back-office integration with the Target Bluechip platform.

“We look forward to providing our continued support to Target and its clients.”





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