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Mortgage sourcing systems – it’s all about accuracy
Since the first mortgage sourcing system was built in 1986, their capabilities, not to mention brokers' attitude towards them, has changed out of all recognition.
An idea that in its infancy relied on receiving software updates and product data on floppy discs through the Royal Mail has now been transformed into a dynamic, fast moving programme.
Systems now boast up to the second whole-of-market information, guaranteed accuracy and software and data updates that can be automatically uploaded.
And sourcing systems now do much more than just source. They are an invaluable aid within the sales and compliance process , used to produce personalised illustrations, best buy tables and allow brokers to complete much of the mortgage search and selection process through one screen.
