Andrew Turner, founder and chairman at The Loans Engine said: “This truly is an exciting next step for our fantastic in-house technology."
The Loans Engine (TLE) has revealed its second charge sourcing system is now fully integrated with its range of specialist first charge lenders.
Andrew Turner, founder and chairman at The Loans Engine said: “This truly is an exciting next step for our fantastic in-house technology.
"Nexus is well established as a market leading second charge sourcing tool, and incorporating our specialist first charge range gives us the edge to help Intermediaries find the very best option for their client – with ease, accuracy and a clear audit trail.
"The Loans Engine originally launched Nexus in 2012, and has refined and evolved the system to suit the ever changing needs of mortgage intermediaries, clients and regulation – including a substantial rebuild to meet with the needs of MCD implementation in 2016.
“Nexus truly is unique. It has been through iterations to adapt to the needs of the post-MCD world, providing a stable, high specification solution to serve clients and intermediaries alike.
“At the heart of Nexus is a highly complex and detailed ‘rules engine’.
"This is maintained and updated daily to reflect the ever changing criteria, both published and unpublished, of our lender panel, giving us accurate and up to date insight in to where a case can be placed."
