UK mortgage technology provider One Mortgage System (OMS) has partnered with Instamo to reduce manual administration for mortgage brokers, integrating its FastSubmit technology into the OMS platform.
The integration allows brokers to transfer client information and case details held within OMS directly into lender application portals, removing the need to manually enter the same information across multiple systems. Brokers can access lender portals using their existing credentials and review populated fields before submitting applications, while lenders retain their existing controls and underwriting processes.
By automating data entry between the advice and application stages, the integration aims to reduce processing time, minimise errors and ease the administrative workload facing brokers.
The addition of FastSubmit also expands the range of services available through the OMS CRM, enabling intermediaries to manage more of the mortgage application process within a single platform.
OMS provides technology covering residential, buy-to-let, second charge, equity release, bridging and commercial mortgages, as well as general insurance and protection. Its platform also includes product sourcing, protection sourcing and mortgage criteria search capabilities.
One Mortgage System managing director Neal Jannels said, “The mortgage market has no shortage of technology, but adding more systems does not automatically make a broker’s job easier. The real value comes from connecting the right tools and removing unnecessary work without reducing the level of control.”
He added, “Instamo supports that by reducing the manual input involved in moving from recommendation to application, while giving brokers the opportunity to review the information before submission.
Source link
