OMS partners with L&G’s SmartrFit

Published on

One Mortgage System (OMS has partnered with Legal & General’s SmartrFit affordability calculator tool.

OMS says the first full integration of SmartrFit gives users “a seamless research tool for residential mortgages”. The user experience is 100% OMS design which removes any re-keying, pre-population or changing systems. Powered by SmartrFit, the results are made available in one place without leaving OMS anytime the user needs them.

Whilst SmartrFit launched as an affordability calculator nearly a year ago with residential, it now includes buy-to-let and this will be available on OMS shortly.

As well as providing support to experienced brokers within the industry, SmartrFit can also be used as a training tool for new brokers to help them narrow down lending criteria and find the right solution for their client which they can afford.

Neal Jannels, managing director of One Mortgage System (OMS), said: “SmartrFit has many parallels with OMS in terms of how it has been developed internally and built with brokers and their clients firmly in mind. There are also several others such as how fast it has grown, how it’s main aim is to make the life of the adviser easier and how it continues to develop in line with intermediary feedback.

“This shared philosophy makes it an ideal partner at such an exciting time for the business. We are just putting the finishing touches to our ambitious growth plans for 2022, which will include many more game-changing partnerships and integrations, and we can’t wait to get started.”

Kevin Roberts, director of Legal & General Mortgage Club, added: “We’re delighted to have worked with OMS on this exciting development to integrate our SmartrFit tool into their platform, avoiding dual keying to provide advisers quick and accurate results, leaving them more time to do what they do best; help and advise clients. Like OMS, we have a really exciting 2022 planned for SmartrFit and so we’re thrilled OMS users get access now to our free tool.”

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

EXCLUSIVE: Mortgage industry launches festive concert to aid homeless

A collective of leading mortgage brokerages are joining forces this festive season to raise...

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

The Leeds cuts mortgage rates and lowers barriers for first-time buyers

Leeds Building Society has announced a raft of mortgage rate reductions of up to...

Accord widens access for those on Universal Credit and without indefinite leave to remain

Accord Mortgages has relaxed key elements of its lending criteria in a move it...

Vulnerable equity release customers still overlooked, warns ERG

The Equity Release Group (ERG) has warned that the financial advice industry is failing...

Latest publication

Latest opinions

HMOs: market realities, future prospects, and the broker opportunity

The HMO sector remains one of the most dynamic parts of the private rented...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years...

Other news

EXCLUSIVE: Mortgage industry launches festive concert to aid homeless

A collective of leading mortgage brokerages are joining forces this festive season to raise...

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

The Leeds cuts mortgage rates and lowers barriers for first-time buyers

Leeds Building Society has announced a raft of mortgage rate reductions of up to...