Sourcing Systems
Sourcing Systems
Industry-Leading Partners
Industry-Leading Partners
Sourcing Systems For Mortgage Brokers
Mortgage brokers benefit from a specialist sourcing partner via:
- the submission of sourcing applications
- automatic client data transfer (or pre-population of client data)
- mortgage illustrations
- further details on mortgage products
- back-office systems and integrations
With so many options available how should a mortgage broker research and consider which sourcing system to partner with?
Sourcing Systems For Mortgage Brokers
Set Your Own Criteria
A sourcing system that fits one mortgage broker may not fit another.
Seeking advice and recommendations from other brokers is of course highly recommended but in the first instance, we would recommend you set your own criteria having considered your own requirements.
- How does your existing business and services influence your requirements from a sourcing partner?
- How does anticipated future business and any new services influence your requirements from a sourcing partner?
- How important is life and health protection sourcing? Can the sourcing partner meet these needs in the future?
- What level of client services do you require? Digital options for clients include electronic signatures, storage of information, and transfer of information electronically vary.
- How well does the sourcing partner connect with lenders to save time and increase efficiency?
- How much product-related and lender criteria information does the sourcing partner make available?
- Do they support the lending types you require for your business?
- How well do they integrate with other platforms and/or CRM’s you use? You will want to avoid having to re-enter data.
- What is included within the ongoing support?
Sourcing Systems For Mortgage Brokers
Securing The Best Deal
Our tips to securing the best deal on a sourcing system are as follows:
- Secure a FREE trial
- If no FREE trial then a detailed demonstration with worked examples would be a must
- Check with your network, club, or partners for any deals and offers. They may have purchased licenses in bulk and received a discount they can pass on
We can also assist via our recommended partners!
Industry-Leading Partners
Recommended Partners
Why we recommend Iress for sourcing
Why we like Iress
Iress have grown their presence since 2011 both through acquisitions and organically. Their software portfolio includes names that many brokers will be familiar with, such as MSO, Xplan Mortgage, Trigold, Lender Connect, and The Exchange, to name but a few!
You can not help but be impressed by their status across the globe.
We really like the concept of the Xplan client portal. The aim is to provide clients with the ability for secure communication efficiently and effectively with their broker including document exchange. If there are documents that need to be uploaded and authenticated, that can be done via the portal, using digital signatures both ways. There’s also the ability for a broker to personalise and brand the portal using a range of templates and website designs that they can then easily align with their own client portal and brand.
We also like the way Iress study the market and publish survey results. Since 2011 Iress has produced mortgage efficiency service reports taking a closer look at the market trends, lender views, and opinions shaping the industry, and how technology continues to underpin the evolution and growth of the UK mortgage market.
What sourcing services do Iress offer?
Brokers use Xplan Mortgage, Trigold, and The Exchange to source and give advice on mortgage products and protection.
Specific sourcing features include:
- Automatically source protection as part of the mortgage journey, in one solution, without switching between software
- Instant online access to software that’s constantly updated and accessible 24/7 from any device or browser
- Built from the same data and extensive mortgage coverage as Iress’ Trigold & The Exchange
- A simple guided advice process, which includes an eligibility service to help determine if clients will be accepted for a mortgage
What are the benefits to a mortgage broker?
- Find the right mortgage and protection for your clients, online anytime.
- Source protection and retirement quotes.
- Daily updates to the sourcing software.
- No rekeying of information.
- Saves time.
- A full audit trail providing better protection for your business.
- Trigold gives you access to intermediary and direct products.
- Ideal for remote working, collaborate easily and effectively with your team
- Your own branded client portal. Stay in touch with your clients through secure two-way communication, document sharing, and digital signatures
- Cost-effective, low-cost monthly subscription, plus training and support.
Customer service & support
- Online training
- Email support
- Telephone Support
Improve client relationships
Iress assists the client journey in a number of ways but one of the crucial features is how clients can upload documents like bank statements, passports, and bills, as well as sign documents electronically.
This streamlines the onboarding process and can accelerate the process and potentially increase conversions of referrals.
Tools and support for mortgage brokers nationwide
- FREE consultations
- FREE no-obligation quotes
- Special offers & discounts
- Leading industry specialist partners
- Compare features & benefits all in one place
- Learn more about products & services to support you & your clients
- No matter what your requirement we are here to help!
Supporting Mortgage Brokers
Work with the best
Your client service is hugely influenced by your choice of partners. Secure 5* partners to match your 5* personal service
FREE quotes & consultations
No-obligation quotes & free consultations via sector specialist partners + receive special offers & discounts from us!
Save time & money
Give yourself more time to focus on your existing clients & new sales with every broker tool you need all in one place
Special Offers
15% Saving | Ultimate Membership
Receive a 15% discount code on our Ultimate Membership when you request a FREE consultation with our partners
Our Ultimate Membership provides unique reputation enhancement & customer reward benefits for mortgage brokers
NO OBLIGATION CONSULTATION & QUOTE
Request more information and a FREE consultation.
Our aim is to help you secure the best deals from leading specialists. When you contact us for support on broker tools we will need to introduce you to the appropriate partners to meet your needs. No one will spam you or perform marketing services unless you opt-in separately. The communication will only be to help meet your needs and reply to your request. We comply with data protection law in the UK and laws in other countries that meet internationally accepted standards. You have the right to ask for a copy of the information we hold on you, and the right to ask us to correct any inaccuracies in that information.
For detailed information, please refer to the privacy section of our website or contact us via email info@themortgagebrokerclub.co.uk.
