Mortgage Express upgrades online offering

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Mortgage Express is adding a new online binding decision facility to provide brokers with a more efficient, clearer and guaranteed way of doing business.

It says the new tool, which will replace the lender’s current ‘Decision in Principle’ (DIP), will provide brokers with a decision in just 30 seconds, subject only to valuation and standard fraud checks. As a result, the firm says the enhanced offering will help minimise paperwork by generating a bespoke list of submission documents required for each case, and electronic verification of a client’s ID, which saves brokers valuable time and provides them with a smoother and faster application process. Gus Park, director of intermediary sales at Mortgage Express, says: “Our new online servi...

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