The tools should improve the process of gathering information and speed up applications by clarifying the probable success with lenders.
Software company eKeeper is working with broker One 77 Mortgages to develop digital and online eligibility and affordability tools.
The tools should improve the process of gathering information and speed up applications by clarifying the probable success with lenders.
eKeeper is using the technology from Burrow in the developing the tools, which was acquired by eKeeper’s parent company, DPR.
Alastair McKee, managing director at One 77 Mortgages, said: “With the help of eKeeper we have successfully entered the new era of digital mortgage advice for clients.
“We are privileged to have worked exclusively with them on this project which we hope will also allow other brokers to benefit from in the future.”
The tools should enable customers to access their own mortgage score and provide reasons for declined applications.
David Bennett, commercial director at eKeeper, said: “By blending digital and traditional methods, we believe that this is the type of technology that traditional brokers should embrace.
“Saving time and effort for both the broker and borrower, implementation of this digitalisation will improve the overall mortgage journey for consumers allowing them to self-serve at a time that suits them rather than a time brokers are available.”
