Mortgage Engine has announced that it will provide Fluent Mortgages with access to its application programming interface (API) technology.
The partnership will see directly authorised mortgage brokers at Fluent able to source multi-DIPs from a single application within their own systems.
The connection also means that MoneySuperMarket customers, who go to Fluent for remortgage advice, will be able to benefit from multi-DIPs from a single application submitted by their broker.
Mortgage Engine is currently integrated with 22% of the UK mortgage lender market and indicated it is expanding its proposition to connect with more lenders over the coming months.
“We’re really pleased to connect with Fluent and enable even more brokers to access DIPs from multiple lenders without needing to rekey customer data,” Mortgage Engine managing director, Cloë Atkinson, commented.
“We are harnessing the power of technology to make the mortgage process more efficient. This partnership is another positive milestone on our journey to bring better, faster connectivity to lenders and brokers.”
The Fluent Money Group CEO, Tim Wheeldon, added: “Mortgage Engine’s API platform will help us reduce the admin hours spent on rekeying data for multiple mortgage applications. Based on our average number of cases, we have calculated this could be in the region of around 105 hours per week in time saved on applications.
“This is a significant improvement in business efficiency and will enable our brokers to focus more on supporting our customers, offering advice and generating new business.”
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