Twenty7Tec has announced a number of improvements to the platform called APPLY that it has integrated with the mortgage lender Halifax, with these set to be available straight away.
The improvements mean that mortgage advisors who submit applications for loans using APPLY will have the option of making changes to individual data boxes on Decisions in Principle (DIP) forms, even after they have been submitted. They will also then be able to send these forms a second time so that they can get a fresh decision without the need to get a new mortgage ID first.
Twenty7Tec created its APPLY platform as a way of making the job of submitting applications easier and quicker for advisors by serving as a one-stop-shop for everything from documents and data to communicating with the lender.
Speaking to Financial Reporter, the company’s customer relationships director Nathan Reilly stated that a lot of mortgage advisors were using APPLY for getting DIPs to Halifax on behalf of their clients due to its greater speed and efficiency.
He then went on to say:
“This latest enhancement, which offers advisors more flexibility and an improved user journey, will no doubt be well received by APPLY users.”
Amanda Bryden from Halifax said that the lender was pleased to see that Twenty7Tec was taking further steps to enhance what was already a useful service for advisors.
Any mortgage advisor who has a CeMAP qualification will know that the process of applying for loans can be lengthy, making anything that reduces the time spent a welcome improvement.