Brokers will be able to access April Mortgages’ affordability calculator and criteria policy, which will streamline the mortgage application process for brokers and borrowers.
The affordability calculator, which is backed by Mortgage Brain’s technology, will allow brokers to assess a borrower’s financial situation and determine their mortgage eligibility from April’s website.
April Mortgages is also available via Affordability Brain, which checks affordability calculations from over 30 lenders and makes up 85 per cent of first charge residential mortgage lending in the UK.
Mortgage Brain’s criteria policy pages offers brokers immediate access to detailed information on April’s lending criteria, helping it identify suitable mortgage deals for its clients.
It also allows April to keep its policies up to date with any changes efficiently.
Mortgage Brain said that the partnership between the companies shows “both companies’ commitment to providing brokers with the tools they need to better-serve their clients”.
Neil Wyatt (pictured), sales and marketing director at Mortgage Brain, said: “We are thrilled to partner with April Mortgages to integrate our technology into their website.
“This collaboration exemplifies our commitment to driving innovation in the mortgage industry and empowering brokers with the tools they need to succeed. We look forward to continuing to support April as they revolutionise the mortgage lending experience.”
Tim Hague, commercial director at April Mortgages, said: “The integration of Mortgage Brain’s technology into our website is a critical ingredient for April and our support for our broker partners.
“We’re committed to making mortgages more simple, and by providing brokers with easy access to our Affordability Calculator and searchable Criteria Policy pages, we are streamlining the mortgage application process and delivering a superior experience for brokers and borrowers alike.”
April Mortgages, backed by Dutch pension funds, soft launched in February offering trail-fees and no-early repayment criteria (ERC) fixed rates.
The firm has widened its distribution by teaming up with Stonebridge.
