Integration allows OMS users to benefit from Hometrack's new Broker AVM
Mortgage processing platform One Mortgage System (OMS) has announced an enhanced integration with valuation and automation solutions provider Hometrack to speed up and simplify the mortgage application journey for intermediaries.
OMS said the integration would allow all users of its platform to benefit from Hometrack’s new Broker AVM, which expedites the mortgage application process for brokers and applicants.
The Broker AVM has been designed to provide a fully optimised pre-application filter and also includes a range of property attributes from Hometrack’s data ecosystem, which eliminates the need for brokers to go through time-consuming questions with their clients.
Hometrack launched its automated valuation model (AVM) in 2021 and the company now delivers more than 50 million automated valuations and risk assessments each year.
OMS, launched in 2017, is an end-to-end customer relationship management system, covering product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection. It has already integrated with six platforms – Iress, Twenty7Tec, iPipeline, Submissions Brain, SmartrFit and Knowledge Bank – to provide product sourcing, protection sourcing, and criteria searching to users.
OMS was awarded the Best Product or Digital Innovation award in the SFI Awards 2022.
🟠 We’re halfway through the awards ceremony and the next category celebrates the Best #Product or Digital Innovation by a specialist finance business. This award is brought to you by CHL Mortgages and the winner is… @OneMortgageSys 🏆🍾🎉 #SFIAwards #specialistfinanceawards pic.twitter.com/MIv7fWt9cS
— Mortgage Introducer (@MortgageChat) July 8, 2022
“This integration with Hometrack marks the next stage in our constant quest to add efficiency and functionality which enables OMS users to enhance the client experience at the same time as streamlining their own front and back-end processes,” Neal Jannels (pictured), managing director at One Mortgage System (OMS), commented.
“Collaborative approaches between leading tech providers remain the key to delivering the systems and solutions which can make a real difference for a range of borrowers and advisers. We will continue to explore opportunities with like-minded partners moving forward.”
Commenting on the partnership, George Robbins, commercial vice president at Hometrack, said they were thrilled to integrate with OMS and support their users through the demands of lender valuations.
“Our vision is to provide a fluid and transparent digitised homebuying and selling journey for brokers, lenders, and consumers,” Robbins stated. “OMS are a like-minded company, and we look forward to realising the full potential of this partnership.”
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