The desktop valuations are supplied by Hometrack and N4 has claimed it will strengthen its position within the mortgage industry. They will be made available to all existing N4 customers and will be provided as standard for all new MPOS implementations.
Andy Doherty, chief technology officer at N4 Solutions, commented: “The addition of the AVM to our existing decisioning and fee collection facilities enables our clients to deliver mortgage offers in real-time at the point of sale.”
Steve Jones, CEO at N4 Solutions, added: “There is increasing demand from both the broker community and the general public for offer documents to be produced at the point of sale. This is fast becoming a 'must have' facility for lenders wishing to compete effectively. Furthermore, the resulting reduction in processing costs makes this a genuine win-win for both lender and borrower.”
