Accord Mortgages has unveiled its new Mortgage Sales and Originations (MSO) platform which offers brokers a 24 hour turnaround capability on residential applications.
New features of the software include online DIP certificates, uploading of documents at DIP stage and real-time case tracking.
All of Accord’s registered brokers are now registered users of the new platform.
Jeremy Duncombe, director of intermediary distribution at Accord Mortgages said: “Whilst nothing can replace human interaction through a mortgage application, we know that antiquated systems are frustrating and time-consuming for brokers.
“This platform simplifies the whole process, allowing intermediaries to spend more time on the elements of their role they value most – talking to clients.
“MSO gives us the best of both worlds, allowing us to process cases a lot quicker whilst freeing up our underwriting teams to spend more time on common sense underwriting, assisting more buyers to get the homes they want.
“Brokers will still have direct access to our underwriters throughout. MSO also has the ability for future API integration with brokers and other third-party providers.
“The system is very intuitive and brokers will see cases are coming back even more quickly than before.
“We’ve done great things over the past few years, all with the broker firmly in mind, and we see this as the next exciting chapter of our transformation.”