This is the first time that this revolutionary technology will be available outside of the Mortgage 2000 group. Sean Hornsby, managing director, Mortgage 2000, said: "The concept of remote processing is one that will change the face of the packaging industry, and with Softpackaging it is imperative that we work with reputable networks that recognise the added value of this new technology. Our lender partners were keen for us to increase the level of distribution and we are delighted that Inter-Alliance has chosen to make Softpackaging available to their advisers and appointed representatives."
Stuart Wilson, mortgage development director, Inter-Alliance said: "Softpackaging is a facility we felt would bring added value to our higher producing mortgage specialists, and ensure we continue to build depth and strength to our adviser/ appointed representative route. We will continue to evolve the proposition to maintain our offering as a true market leading facility."
Leading intermediaries at the Inter-Alliance group are currently being given full training on the system's capabilities as it holds the full underwriting criteria needed to process a case for each of the lenders currently available on the software. The system will allow intermediaries to keep close control of their business by deciding when and how references are chased up. Pre-population, intelligent questions and electronic submission saves the intermediary time and as the system is web-based it is available 24 hours a day.
Launched in October 2003, Softpackagingltd.com is an online mortgage administration system that allows mortgage intermediaries to fully process a mortgage application through to offer stage.This groundbreaking technology is in the form of a unique web-based system and is the first of its kind in the market.
The state of the art technology on Softpackagingltd.com guides the user step by step through credit search to instructing valuation, backed up by 'on screen help' and a specialist Support Team.The Softpackaging software is directly linked with Encore, the Mortgage 2000 sourcing system, so all information is automatically pre-populated for maximum efficiency.
Softpackaging is a totally free system and pays out a processing fee for mortgage intermediaries using the system.The system also offers intermediaries a dynamic, all-encompassing route to ensure that they have the means not only to remain code compliant, but successful and independent.
The system contains the full criteria and all product information for leading lending names such as Roval Bank of Scotland, Kensington, Bristol and West, Mortgage Express, Platform, and Igroup.
