Mortgage Brain launches new sourcing system

The all new Mortgage Brain has been built from the ground up using Microsoft technology and is the first and only sourcing system designed to be used both offline and online, according to the company.

Throughout the entire product design and development, Mortgage Brain consulted and worked with individual advisers, larger companies, AR networks and mortgage clubs to ensure that their business requirements would be met.

The result is a brand new system, which will, for example, allow intermediaries to conduct around 80% of the mortgage search and selection process from one screen, conduct multiple client specific searches, generate personalised best buy tables and much, much more, according to the company.

Mark Lofthouse, CEO of Mortgage Brain, commented, “We’re incredibly excited about the launch of the brand spanking new Mortgage Brain. We’re not just talking about an incremental upgrade to our current, market leading systems; this really is a totally brand new product.

“Set to take mortgage sourcing to the next level, it provides brokers with facilities and features not available anywhere else... It’s been purposefully designed, for example, to enable intermediaries to get the best mortgages available for their clients in the shortest possible time and its unique online and offline functionality also offers intermediaries enhanced flexibility and portability. I’m sure it will prove to be a big hit.”

The all new system is in its final stage of testing and the first intermediaries will be able to use it in early Q4 this year.

Current Mortgage Brain users will be able to upgrade to the new system at no additional charge as part of the product roll-out programme. A comprehensive series of nationwide training seminars, together with online training and supporting documentation, will also be available to aid transition and enable the system’s benefits to be fully realised.