Afford.Mortgage has launched an open banking tool for mortgage brokers.
The new platform has been designed to streamline client assessments, reduce application rejections and enhance adviser efficiency.
Brokers will have access to instant affordability snapshots, a mortgage readiness assessment, tailored advice and AI document verification.
It will also be able to use the mortgage readiness assessment.
Afford.Mortgage product manager Andy Thomson says: “In developing our in-house software, we assessed over 5,000 applicants to determine affordability, verify income, and evaluate mortgage eligibility.”
“Recognising its potential, we’re now offering this capability to mortgage brokers. Afford.Mortgage shows a clear picture of your client’s finances, making it easier to have honest, fact-based chats without getting drowned down in admin.”
“While mortgage advice is indeed an art, integrating the right science can enhance the advisory process, allowing brokers to focus more on client relationships and less on paperwork.”
The post Exclusive: Afford.Mortgage launches open banking tool for brokers appeared first on Mortgage Strategy.