Gen H rolls out new affordability calculator to broker partners

The launch follows the introduction of the lender's new criteria centre

Gen H rolls out new affordability calculator to broker partners

Fintech mortgage lender Gen H has launched a new affordability calculator with features designed to streamline the affordability calculation process and quickly help brokers find products that suit their clients.

The lender said the calculator was built through a collaborative feedback process with brokers, including Gen H Club members, who have had exclusive access over the last two weeks. It incorporates critical functionality requests like more nuanced loan sizing and the ability to view applicable products within the calculator itself.

The launch follows the introduction of the lender’s new criteria centre, also redesigned from the ground up for convenience and ease of use. These products, Gen H said, reflect its commitment to its broker panel and to creating positive outcomes for broker clients.

“We’re using technology to build a fairer housing market – both with innovative affordability features for our customers and really sleek, usable tools for our brokers,” Pete Dockar (pictured), chief commercial officer at Generation Home, said. “So many of the systems used by other lenders are relics of decades passed, and it makes an adviser’s job much harder.

“We are creating a more streamlined and frankly pleasant process for our intermediary panel because when systems are thoughtfully designed, everyone benefits – from our broker partners to their clients and our own wonderful Gen H team.”

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