Mortgage Engine launched this week, and allows brokers to source decisions in principle (DiPs) from multiple lenders at the same time through its two-way application programming interface (API) connections.
As a result, it prevents brokers having to repeatedly re-key data for clients, allowing them to spend more time actually advising.
Ying Tan (pictured), founder and chief executive of Dynamo, said that Mortgage Engine represented “game changing technology” which could transform the way the intermediary market does business.
He continued: “We remain committed to improving operational efficiency and the customer journey by adopting innovative technologies and this is definitely another big milestone along that path.
“We are really excited to see the impact of this latest technology as even more lenders come on board in 2020.”
Cloe Atkinson, managing director at Mortgage Engine, added: “This partnership will help improve the mortgage application process for lenders, brokers and buyers alike.”