The website now contains around 1,700 different mortgage combinations, which is an online version of GMAC-RFC’s Matrix system. The mortgages, which have been rebranded as the Eclipse range also includes a number of exclusive products including a non-conforming buy-to-let product, three additional mainstream products and four specialised investment products. The investment products include deals for foreign nationals and high net worth individuals.
Hassen Draper, director of TMPC, said: "We are trying to achieve flexibility. We do not have unforgiving products, because life is not like that. No online application is rejected straight away. If the case is difficult it will be referred, but around 80 per cent fly through our electronic underwriting straight away. We aim to electronically credit score and give verification on the same day, but in January we hope this is down to one hour, and also in January brokers will be able to use online case tracking."
