Second Charge Lending
Masthaven launches Knowledge Bank integration on revamped broker website
Masthaven Bank has launched an integration with criteria search engine Knowledge Bank as part of the overhaul of its broker website.
The site will cover its mortgage and short-term lending divisions and includes an enhanced product search tool, a new online affordability calculator and a quick quote option for short-term loans.
The website’s criteria search also includes a live application programming interface (API) connection with Knowledge Bank, in conjunction with Dock9.
It provides more than 90,000 individual criteria points across eight lending types and more than 200 lenders.
This is the first lender API integration for Knowledge Bank across residential, buy to let, second charges and bridging.
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Jon Hall, managing director of Masthaven (pictured), said: “We recognise the power of technology and will continue to invest in tools that simplify and speed up the end-to-end loan process wherever possible.
“The balance of tech and the human element of any loan application is invaluable to us. The new intermediary website and API connection with Knowledge Bank exist to improve and enhance broker workloads, freeing up additional time to support clients with face-to-face interaction when needed.”
Nicola Firth, CEO and Founder of Knowledge Bank, added: “The desire to de-mystify the world of specialist lending is something that we and the bank share. The transparency and ease with which brokers can now find criteria information on the website will save a huge amount of time when trying to place a case with the bank.”