The full two-way API will support and speed up the advice process, sourcing, and delivery
Processing platform One Mortgage System (OMS) has partnered with second charge specialist lender Step One Finance to complete a full Application Programming Interface (API) integration.
The integration will see OMS users benefit from direct access to Step One’s lending proposition and enable them to conduct a full decision in principle without the need to rekey any data. This will incorporate a full two-way API to help support and speed up the advice process, sourcing, and delivery.
Established in 2010, Step One Finance designs and delivers consumer loan products and has recently unveiled an enhanced website and broker portal to increase functionality and provide brokers with quick initial price indications and less cumbersome information requirements.
OMS is an end-to-end CRM system which covers 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 market-leading platforms – Iress, Twenty7Tec, iPipeline, Submissions Brain, SmartrFit, and Knowledge Bank – to provide users with features such as product sourcing, protection sourcing, and criteria searching.
Neal Jannels (pictured), managing director of OMS, said the integration with Step One Finance will offer users access to an even wider range of specialist lending options.
“As a lender who has embarked on a tech journey to incorporate systems designed from the ground up to streamline the customer journey and to reduce processing times, there are many synergies with OMS. And, when combined with core principles of responsibility, transparency, fairness, and simplicity, I’m sure this will prove to be a high successful partnership going forward,” Jannels added.
Martin Porter, head of lending at Step One, said they were excited to have the full range of their second charge mortgage products integrated and available via API on the OMS platform.
“Our goal of facilitating a faster and more efficient loan application process using technology is advanced with the announcement of this partnership. Neal and the team at One Mortgage System have built an impressive all-encompassing tool and we look forward to continuing and expanding our relationship,” Porter stated.
