New software LenderGateway hailed by distributors

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APAC Systems has launched LenderGateway, which combines mortgage sourcing with a credit search, client management and case processing tool.

Peter Heigho, who was responsible for Trigold’s Prospector and The Key, designed the software. He said: “LenderGateway is undoubtedly the most comprehensive, advanced and intermediary-friendly software available in the UK today. I understand what brokers and distributors need from their technology and have created a winning combination of market-first features with reliable data, wrapped in a fully FCA-compliant package.

“With 1,500 DA firms already registered to use the software, it’s clear that the mortgage intermediary sector is ready for the next evolution in business support systems.”

It includes mortgage sourcing that enables brokers and distributors to find the most suitable product for the client from across the board, including detailed comparison of mortgages and secured lending options.

SmartSource will undertake a credit search with Equifax, sourcing and displaying products based on the client’s individual credit profile.

Meanwhile, SmartCRM is an integrated client relationship and case processing system that enables brokers and distributors to move from initial enquiry to sourcing to direct application onto lender systems.

In addition, SmartForms provides integration across the system with automatic prepopulation.

Ian Balfour, CEO of Solent Mortgage Services, said: “We have been delighted with our bespoke version of the system, which we call 1App@SMS, as it provides our introducers with product comparisons, quotes and completed application forms for signature.

“The software enables better decision making for brokers as the lender rules sit behind the questions, which means the client’s circumstances meet the right lender’s criteria at the beginning of the process.

“As we develop the system, it will form part of our back-end process to manage applications through from AIP to completion, keeping introducers in touch with vital stages on the path and producing better client outcomes.”

Nigel Payne, managing director of TFC Homeloans, which has also trialled the software, said: “I’ve been in the industry for 25 years and heard a lot of promises about technology, but LenderGateway is by far the most advanced system I’ve seen. It has had a tangible impact on our efficiency and working processes over the last eight months and the sourcing element of the system is second to none.”

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