Shawbrook Commercial introduces app for residential investment products

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  • 21/04/2016
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Shawbrook Commercial introduces app for residential investment products
Shawbrook Bank Commercial Mortgages has introduced a digital application service to allow brokers to produce a credit-backed Indicative Mortgage Offer (IMO) online within 15 minutes.

The ‘E-AIP’ application for residential investment products sits within the existing ‘E-quote’ section of the commercial division’s online platform, Broker Hub, and is an extension of the initial quotation process. Pre-population features also reduce duplication throughout the application process.

Shawbrook sales and marketing director of commercial mortgages, Karen Bennett, said the final product is the result of months of system design and implementation.

“With less duplication, smarter system logic and an end result brokers can rely on, we believe the E-AIP function will make a huge difference to our business partners’ ability to service their residential investment clients,” said Bennett.

The service is available to all Shawbrook broker partners through the Broker Hub. The system allows brokers to access the credit-backed IMO which will not change later in the process.

 

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