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Do you expect to see less or more second charge mortgage lenders in 2018?

Mortgage Brain adds new master brokers to second charge sourcing system

Mortgage Brain

Mortgage Brain has enhanced its integrated second charge sourcing capability by expanding the master brokers available to networks and companies.

Fluent Money, Norton Finance, Brightstar, Positive Lending, Clever Lending and the Loan Partnership have now joined Mortgage Brain’s network.

The fully integrated second charge mortgage sourcing functionality – which was launched in May 2017 – gives advisers the option of comparing any appropriate first and second charge mortgage product side by side.

The new system is now available on MortgageBrain Classic and has been developed to give advisers within a company or network the choice and option to pass the lead on to their chosen master broker or advise on second charge products and deal direct with a lender.

“The expansion of the range of master brokers available on our second charge sourcing system gives networks and companies greater choice and more options when selecting their second charge solution that best suits their business needs,” said Mark Lofthouse, CEO of Mortgage Brain (pictured above).

“By integrating second charge sourcing into our mainstream first charge sourcing systems, we’ve made it as easy as possible for advisers to consider second charge lending when discussing options with their clients.

“We’ve received excellent feedback from lenders and advisers since launch and its popularity and widespread usage is expected to grow even further.”

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