Dutch-owned April Mortgages will now fully integrate Mortgage Brain technology across its website.
This integration will enable brokers in the UK to access a range of tools including April’s affordability calculator and criteria policy pages, streamlining the application process for both brokers and borrowers.
April Mortgages is backed by The Hauge-based DMFCO asset management, and has recently launched a range of longer-term fixed rate remortgage products in the UK, with terms of up to 15 years.
This partnership has seen Mortgage Brain adapt its technology to ensure it meets the needs of April’s lending model.
April’s affordability calculator, which is powered by Mortgage Brain’s technology, enables brokers to quickly assess a borrower’s financial situation and determine their mortgage eligibility from April’s website.
Additionally, April is also available via ‘Affordability Brain’ which checks affordability calculations from over 30 lenders, accounting for around 85% of first charge residential mortgage lending in the UK.
Criteria policy pages provide brokers with immediate access to detailed information on April’s lending criteria, helping them find the most suitable mortgage products for their clients.
Earlier this month April Mortgages launched a series of longer-term fixed rate remortgage products to brokers in the Stonebridge and HLP networks.
Mortgage Brain sales and marketing director Neil Wyatt welcomed the new partnership. “This collaboration exemplifies our commitment to driving innovation in the mortgage industry and empowering brokers with the tools they need to succeed.”
April Mortgages commercial director Tim Hague adds: “The integration of Mortgage Brain’s technology into our website is a critical ingredient for April and our support for our broker partners.
“We’re committed to making mortgages more simple and by providing brokers with access to our affordability calculator and searchable criteria policy pages, we are streamlining the mortgage application process, delivering a superior experience for brokers and borrowers alike.”
