Mortgage Brain connects Acre to Santander

Published on

Mortgage Brain has developed its API to enable brokers using Acre’s mortgage platform the ability to connect to Santander, for one click mortgage decisions.

The direct API connectivity allows Acre’s broker network to connect seamlessly to Santander to obtain a full decision in principle (DIP) and pre-populated full mortgage application (FMA). The DIP result is returned within 30 seconds and brokers get daily case tracking updates, all via the API connection.

Acre’s verification system ensures all data is in place before initiating the request to Santander.

Cloe Atkinson, chief operating officer at Mortgage Brain, said: “I’m delighted that we are already realising our vision to transform the distribution of mortgages in the UK. Acre is one of many distributors we are helping with the creation of our industry plumbing that ensures lenders can connect to multiple distributors and aggregators. And gives distributors greater ease and efficiencies to integrate with lenders.”

Justus Brown, founder and CEO at Acre, added: “Our tech helps brokers work smarter and faster while delivering better outcomes for their clients. Santander is one of the UK’s most important lenders. Enabling instant DIP for their mortgages in our ecosystem means that brokers will now save time when using one of the biggest influencers in the market, at the click of a button, with a DIP in a matter of minutes.

“Rewiring the mortgage process requires collaboration of many and buy-in of many. We look forward to working with Mortgage Brain to extend this approach to other key lenders.”

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.

Latest articles

Wider mortgage options put borrower circumstances in focus on Lenders Live

Borrowers with historic credit problems and smaller deposits have more routes to explore, but...

Christodoulides joins ConveyBuddy as head of distribution

Former NatWest national account manager Luke Christodoulides has joined ConveyBuddy as head of distribution. Christodoulides...

MorganAsh adds BSL translation to customer websites

MorganAsh has introduced British Sign Language translations across its corporate website and itswhoiam.me consumer...

London flat owners face highest risk of resale losses

Nearly four in 10 London flats resold after being held for between five and...

Ireland boosts Help to Buy as UK prepares new first-time buyer scheme

Ireland has increased the maximum support available to first-time buyers under its Help to...

Latest publication

Other news

I’m 49. My dad’s 73. Between us we’ve found the hole in later life lending

I turn 50 in December, and the marketing has already started. Funeral plans, over-50s...

Wider mortgage options put borrower circumstances in focus on Lenders Live

Borrowers with historic credit problems and smaller deposits have more routes to explore, but...

Christodoulides joins ConveyBuddy as head of distribution

Former NatWest national account manager Luke Christodoulides has joined ConveyBuddy as head of distribution. Christodoulides...