Fleet Mortgages rolls out Instamo FastSubmit to selected advisers

Published on

Fleet Mortgages has adopted Instamo’s FastSubmit system, giving selected intermediary firms access to a one-click mortgage application submission process intended to cut admin and speed up decision in principle submissions.

Instamo said the technology can reduce DIP submission times to as little as 30 seconds per case by mapping structured application data directly into lender native systems.

Under the rollout, advisory firms will be able to submit cases through Instamo’s one-click journey, while Fleet Mortgages continues to receive applications through its existing lender workflow.

The FastSubmit system is available through an API that maps directly to a firm’s existing CRM data structure, allowing advisers to send applications using structured client data already held on their systems.

Firms without a technical integration can also use a drag-and-drop PDF fact find process, with the platform extracting and mapping the relevant information automatically.

The move is the latest example of lenders and technology providers seeking to reduce duplication in the application process, particularly for intermediary firms looking to place cases more quickly without changing their existing systems.

Freddie Savundra, founder at Instamo, said: “We’re excited to be working with Fleet Mortgages as they roll out FastSubmit with selected intermediary partners.

“FastSubmit works out of the box and integrates directly with their existing systems rather than replacing them, making it easier for firms to submit applications.”

Steve Cox, chief commercial officer at Fleet Mortgages, added: “Anything that helps advisers place cases more quickly and with less admin is going to be of real value, particularly in a market where time and certainty are both at a premium.

“Our adoption of FastSubmit is about making the submission process simpler and more efficient, while still working within our existing systems and approach.

“It gives selected intermediary partners another route to get business to us without adding complexity, whether that is through direct CRM integration or a straightforward document upload.

“Ultimately, this is about supporting brokers to do more business, more easily, and ensuring we can continue to deliver the service levels they and their landlord clients expect.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...

Walsham Brothers expands adviser reach with Paradigm Protect panel deal

Walsham Brothers has added Paradigm Protect to its growing list of distribution partners as...

OakNorth joins financing for BetterHome acquisition of Stonebridge parent

OakNorth has joined HSBC and Investec in a senior lending club backing BetterHome Group’s...

Latest publication

Other news

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...