MCI Mortgage Club rebrands to finova

Jake Carter

November 9, 2021

later life rebrand

finova, the mortgage and savings software provider for lenders and advisers formally known as DPR Group, has revealed the rebrand of MCI Mortgage Club to finova Payment and Mortgage Services.

finova Payment and Mortgage Services customers benefit from a single payment and processing package which enables brokers to earn more on procurement fees.

Further enhancements to the finova Payment and Mortgage Services’ proposition means that brokers now also have the option to advise on, or refer, specialist, equity release and secured loan cases.

To support day-to-day operations, finova Payment and Mortgage Services’ members can also take advantage of the finova Broker Platform at a discounted price which helps to expedite every step of the mortgage process.

Melanie Spencer, head of finova Payment and Mortgage Services, said: “Our name has changed, but the high quality of service we provide has continued.

“As a team, we have worked constantly in the support of brokers, growing case numbers by 133% between 2018 and 2021, and we look forward to carrying this momentum into our new venture as finova Payment and Mortgage Services.

“We have also increased lending volumes for lenders on our panel by 162% in the same period. It’s a really exciting time, with finova’s wider transformation from DPR Group and we’re so pleased to be a part of it.”

David Mayne, director at Premier Financial Planning and finova Payment and Mortgage Services member, added: “We joined finova Payment and Mortgage Services from one of the UK’s largest mortgage clubs in August 2020 as it just made sense.

“The quality of their technology is second to none and the benefits of engaging a single entity for all of our market needs, cannot be over-stated.”

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