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Nine specialist lenders team up with Mortgage Brain


Mortgage

Mortgage Brain has partnered with a number of specialist lenders to assist the distribution of their second charge products on its sourcing system MortgageBrain Classic.

The lenders involved are Central Trust, Masthaven, Norton Finance, Precise Mortgages, Paragon Personal Finance, Shawbrook Bank, Step One Finance, United Trust Bank and 1st Stop Group. 

The specialist lenders’ products – which include fixed, variable rate, residential and buy-to-let – are now available at the touch of a button for users of MortgageBrain Classic

This system gives advisers the ability to compare any first and second charge mortgage products, side by side, on screen or a print out. 

Unique to MortgageBrain Classic, advisers can now compare any and as many products as they like and select a period to give a precise comparison.

Mark Lofthouse, CEO of Mortgage Brain, said: “The feedback and response we’ve received from advisers, networks and lenders since the launch of our fully integrated second charge sourcing system has been fantastic. 

“The popularity of second charge mortgage products continues to grow and MortgageBrain Classic users – now with the inclusion of these specialist lenders’ products – have a greater choice and certainty of being able to offer a second charge mortgage service which best meets their client’s individual needs.”

Buster Tolfree, commercial director at United Trust Bank, said: “Mortgage Brain’s integration of its second charge sourcing has made it incredibly easy and straightforward for advisers to consider second charge lending when discussing options with their clients.

“As the main provider of sourcing systems, it made perfect sense to choose Mortgage Brain to showcase our products and we’re delighted that its users will have instant access to them.”

Mortgage Brain’s new second charge sourcing capability has been developed to give advisers the choice and option to advise on second charge products and deal directly with the lender or pass the lead to a professional master broker to progress. 

This new functionality is available now to MortgageBrain Classic customers and will be extended to MortgageBrain Anywhere users over the next few months.





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