LendInvest partners with industry leading mortgage sourcing systems IRESS and Twenty7Tec to bring BTL loans to wider market
London, 12 April 2017 – LendInvest, the specialist property finance lender, has partnered with mortgage sourcing partners Twenty7Tec and IRESS’s TriGold system to bring its Buy-to-Let product to more intermediaries.
These advanced sourcing systems now bring LendInvest BTL loans to the market in a faster, more efficient way to reach a wider range of customers.
IRESS mortgage sourcing allows intermediaries to access the best deals for their clients from the whole of the market. It streamlines the loan sourcing process and cuts costs allowing cases to reach completion faster.
Twenty7tec is a sourcing partner that delivers technology solutions to seamlessly connect all participants in the lending process. The sourcer uses application submission platforms and data analytics systems for lenders, connecting LendInvest’s BTL loans with over 6000 intermediaries.
Both of these mortgage sourcing systems are available for intermediaries.
Ian Boden, Sales Director at LendInvest, commented: “Partnering with technology-first mortgage sourcers like Twenty7Tec and IRESS is a natural union for us. Using technology to automate the initial decisions around product selection allows the team at LendInvest to do our job and concentrate on the more subjective decisions later on in the loan process.”
About LendInvest
LendInvest is the UK’s leading platform for property finance.
LendInvest offers short-term, development and buy-to-let mortgages to intermediaries, landlords and developers. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.LendInvest has lent over £3bn of short term, development and buy to let mortgages.
Its funders and investors include global institutions such as HSBC, Citigroup and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages. The company has reported annual profitable growth since 2015 and was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, and both Specialist Lender and Buy-to-Let Lender of the Year for 2019 at the last NACFB awards.