“MPowered was built with brokers, not just them, and we are delighted to be able to offer brokers additional time and money savings through this partnership. “
Legal & General Mortgage Club has partnered with new lender MPowered Mortgages.
Members of the L&G Mortgage Club and users of its SmartrCriteria tool can now access MPowered Mortgages’ range of specialized buy-sell and portfolio products. The announcement follows the addition of Habito, West One Loans and Molo Finance earlier this year.
MPowered Mortgages uses advanced AI and deep learning technology to gather and analyze advisor data to minimize delays throughout the mortgage application process and remove unnecessary and repetitive steps from the application process.
Danny Belton, Lender Relations Manager at L&G Mortgage Club, said: “We are very happy to welcome MPowered Mortgages to our panel. It is a new entrant in the market, but one which uses cutting edge technology to advance our market. Since the onset of the crisis we have seen how technology can help our industry and it is great to offer these products to advisors because in today’s mortgage market the ability to make lending decisions quickly and efficiently will help to counter them. delays.
“We are delighted to be able to offer such a wide range of lenders to advisors and look forward to working with MPowered Mortgages as we continue to expand the range of products available to advisors. “
Emma Hollingworth, Director of Distribution at MPowered Mortgages, added: “Our mission as a company is to ensure that every participant in the UK mortgage market has access to the best technology available, to help them keep their customers happy. Given their leading role in the market, our partnership with Legal & General Mortgage Club, which we are delighted to announce today, is helping us take a significant step towards achieving this goal.
“MPowered was built with brokers, not just them, and we’re excited to be able to save brokers more time and money with this partnership. Legal & General Mortgage Club shares our vision for a technology-driven future. and our commitment to deliver for brokers.