Affordability Hub integrated into MortgageBrain Classic

19 May 2021

UK, May 19 2021: Continuing its drive to transform mortgage sourcing, users of the market-leading product sourcing solution MortgageBrain Classic will be able to source products based on affordability in addition to product and criteria following the integration of Affordability Hub into the sourcing suite.

MortgageBrain Classic is Mortgage Brain’s best-in-class desktop sourcing solution, which enables advisers to compare first and second charge mortgages side by side with more than 200 filters available for advisers to utilise to assist in sourcing the right product.

Its integration with Affordability Hub means that all three sourcing products can be accessed in a single journey, bringing together product, criteria, and affordability based sourcing, and delivering on Mortgage Brain’s mission of transforming mortgage sourcing. This enables advisers to match their client’s needs quickly and efficiently with the lender products available. This is not only far more convenient for advisers, but it also means they enjoy a much clearer picture of the entire mortgage market than ever before. Additionally, access to Affordability Hub through the MortgageBrain Classic integration will be free of charge.

Affordability Hub is Mortgage Brain’s market leading affordability-based sourcing solution which allows advisers to bring together information about their client - from the property they plan to borrow against to their income, expenditure, and debt ‒ into a single, standardised form which is run through the affordability calculators of 35 partner lenders. In less than a minute, advisers are provided with details of how much their client could potentially borrow from each lender, with each step of the calculation journey recorded, providing advisers with an audit trail for compliance.

Neil Wyatt, Sales & Marketing Director at Mortgage Brain, commented: “The integration of Affordability Hub into MortgageBrain Classic is an incredibly exciting moment and the culmination of a lot of hard work. We have long-talked of our ambition to truly transform mortgage sourcing, and having all three sourcing solutions accessible in one place is a clear demonstration of what that transformation looks like. As always, we won’t stand still either, with further enhancements on the way which will continue to support advisers and their clients in identifying the best possible mortgage to meet their requirements.”