It allows lenders to promote their criteria in more places
Fintech company Knowledge Bank has launched a bespoke interactive criteria guide for lenders who want to promote their criteria to brokers in more places than ever.
According to Knowledge Bank, the guide is the first of its kind and gives lenders the ability to promote their criteria not only on their website but on email footers, at shows and events via QR code, or on social media.
Fully searchable, the interactive criteria guide also provides detailed information on all of the lending types supported by the lender and facilitates real-time updates to criteria. It removes the need for lenders to be continually updating and printing information materials.
Nicola Firth (pictured), chief executive at Knowledge Bank, said the new interactive criteria guide is an example of the technological advancements now available for lenders to proactively improve the process of working with brokers.
“The days of lenders having to constantly update and print our criteria guides are a thing of the past, and this is another example of technology improving the mortgage advice process,” Firth added. “By using criteria search systems, brokers can now save themselves hours and hours and the digital criteria guide will further simplify the process and offer reassurance that the data they are using is accurate and up to date and they won’t be caught out by criteria announcements they may have missed.”
Over the past year, Knowledge Bank has updated its criteria search options, and partnered with Iress and Air Sourcing to provide a fully integrated product and criteria search experience across residential, buy-to-let, and equity release mortgages.
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