360 Dotnet intermediaries will be able to receive instant decisions from multiple lenders at once, without needing to rekey customer data.
Mortgage Engine has connected with software provider 360 Dotnet to allow its intermediary users to source multi-DIPs directly through 360 Dotnet CRM systems, without needing to rekey customer data.
Mortgage Engine, which connects distributors and lenders via its API platform, came to market in November 2019 and has already linked up with a series of distributors and broker firms.
Cloë Atkinson, managing director, Mortgage Engine, said: “We are working hard to make the mortgage application process more efficient by enabling straight-through application processing which eliminates the need to rekey customer data for DIPs from multiple lenders.
"This connection with 360 Dotnet marks a positive step on our journey to achieving that, and it’s really exciting to bring connectivity to a wider range of brokers through our API platform.”
At present, Mortgage Engine is integrated with 22% of the UK mortgage lender market, including Santander and NatWest, but is expanding its proposition with a wider variety of lender connections over the coming months.
Ozgur Unlu, managing director, 360 Dotnet, added: “We are doing everything we can to empower our mortgage adviser partners to transact business more efficiently.
"This new proposition will enable them to get a decision to clients quicker and help secure them a mortgage, which is imperative in the current market. Mortgage Engine has brought an innovative proposition to the mortgage market and we look forward to working with them on this to support our intermediary partners.”
