More than 450 brokers gain access to lender's range of online mortgage products
finova Payment and Mortgage Services has partnered with digital mortgage lender Molo to further expand the portfolio of lending products available to its directly authorised broker club.
As a result of the partnership, more than 450 brokers of finova will have access to Molo’s range of online mortgage products.
finova members will also benefit from access to a range of products, including buy-to-let mortgages up to 80% loan-to-values (LTVs), up to 24-hour turnaround remortgage offers, with flexible two- and five-year fixed and variable rates.
Molo, which recently launched its non-resident buy-to-let mortgages, joins finova Payment and Mortgage Services’ panel of over 80 lenders, offering products from standard mortgages to specialist and niche lending solutions, including residential, buy-to-let, second charge, commercial and development, and equity release.
We are excited to announce our partnership with @finova_tech 🤝🎉
— Molo (@molofinance) October 30, 2023
finova's members will have access to our wide range of services, from #buytolet mortgages with up to 80% LTV, 24-hour remortgage offers and more.
More details here: https://t.co/tWYx1eMFip #fintechnews #mortgage
“Customer choice is our foremost priority at finova, and the addition of Molo will ensure our members can offer an efficient and fully digital service to their customers through the finova platform,” said Sasha Sprake, head of business development at finova Connect.
“Today, customers are familiar with seamless digital experiences, whether they are paying for a weekly shop or organising their savings. It’s only natural that they would expect the same level of service from a mortgage application.
“We are delighted to be partnering with Molo, whose dedication to the consumer with their fully digital and automated originations process will be a great benefit to our members.”
Peter Charge, head of intermediary sales at Molo, added that it was thrilled to join finova Payment and Mortgage Services’ lender panel, to help even more borrowers access their online mortgages.
“At Molo, we recognise the importance of supporting clubs and networks,” he said. “As Europe’s only digitally native mortgage partner, it makes sense for us to partner with a tech-first firm like finova, and we’re excited to help its broker network offer their customers a simpler and faster digital mortgage journey.”
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, Twitter, and LinkedIn.
