Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
Hodge Bank Joins Mortgage Broker Tools Platform for Specialist Mortgages
Hodge Bank has announced a partnership with Mortgage Broker Tools (MBT), a research platform used by mortgage brokers. MBT broker members can now access Hodge Bank’s specialist mortgage products for their clients through the platform.
According to the announcement, advisers using MBT can run individual cases to determine if Hodge Bank is an appropriate lender. The platform provides real-time affordability calculations, up-to-date lending criteria, and live product data to support these decisions.
MBT’s system also assists brokers in maintaining an audit trail for compliance purposes. This partnership is designed to help brokers identify and place more specialist mortgage cases for their customers.
For letting agents and inventory clerks, the integration of Hodge Bank’s specialist mortgage products into MBT may be relevant when working with landlords or clients seeking tailored lending solutions, particularly those lending up to and into retirement.
Source: Mortgage Solutions