Intermediaries using The Mortgage Operation's mortgage sourcing software, TMOS, will now be able to ...
Intermediaries using The Mortgage Operation's mortgage sourcing software, TMOS, will now be able to calculate the true cost of a mortgage and make realistic comparisons between mortgage products. The facility is just one of a range of improvements that will be made to the software. Research among advisers revealed that the most useful improvement to TMOS would be a true cost comparison facility. When borrowers select a mortgage they tend to opt for the product with the lowest rate, but if the mortgage is not held for the full length of the term it may not work out as the best value for ...
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